Blackstone IPO

[Goods]

Set to go Friday under the symbol 'BX'

There's been a lot of interest which should lead to emotional buying if it comes out strong.

Either way, if the price skyrockets from the $31 tag, there will be many initial buyers who will sell off quickly to take the profits and run, leading to a nice drop before another possible run up.

Reminds me of when NMX came out (at $60 I think) but began trading publicly at $120, shot to $150 before dumping back down between $125-$140 the rest of the week and pretty much since.

Hopefully, we can see the same excitement and take profits from the hype.
Everyone have a good night.

[whodi]

I will keep an eye on it goods, the market will also dictate the action as well.

[rjb1816]

blackstone is a great company...my former professor works for them as a consultant...

[whodi]

Originally Posted by Goods

Set to go Friday under the symbol 'BX'

There's been a lot of interest which should lead to emotional buying if it comes out strong.

Either way, if the price skyrockets from the $31 tag, there will be many initial buyers who will sell off quickly to take the profits and run, leading to a nice drop before another possible run up.

Reminds me of when NMX came out (at $60 I think) but began trading publicly at $120, shot to $150 before dumping back down between $125-$140 the rest of the week and pretty much since.

Hopefully, we can see the same excitement and take profits from the hype.
Everyone have a good night.

Killed BX today in 2 daytrades

[whodi]

ended up daytrading BX 4 times today, bought it and made a lot from shorting it, especially the last hour. I am up $19,650 on daytrades from this stock.

[Goods]

Awesome Whodi! Nice job. Bet it on the Tigers to win it all if they can pick up some relief pitching after the All Star break.

Have a good weekend

[whodi]

thx goods, I have been making good money on the tigers in my bb bets and got them again tonight against the braves.