BX what are the cons at $15.5?

Discussion in 'Stocks' started by BA736, Feb 25, 2008.

  1. BA736


    I dont see them doing any huge deals soon, but I think now might be a good time to get in on BX before they start selling these companies off at a profit again.

    Ive heard someone say financials are a value trap, do you guys think BX falls into that category. More importantly are there any huge risks?
  2. BA736


    technically, I should add, its not looking that great right now. But the RSI is showing oversold across a few different time frames.
  3. I have looked at it myself. Tempting for a trade (position tade to $17). Obviously I don't trust stocks more than I can spit and think it will get fluffed.
  4. axehawk


    I own some as a mid-term investment @$16.00, but I'm a little nervous on it.
    As long as they don't cut their dividend, I'll be happy.
  5. I pussied out as it goes parabolic with every other stock.