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?
technically, I should add, its not looking that great right now. But the RSI is showing oversold across a few different time frames.
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.
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.