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#1
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BX has been slammed since the IPO
I may start loading up on the stock for a buy. Stock is down almost 8 points since the IPO. Will see if it can stay above the 30 level. If I take a big position in the stock, my stoploss would be under 30. Will wait for the open to see how the market is tomorrow. When the stock makes its 1st close above the previous days high, could be the 1st bullish sign. Time will tell. Stock is due for a little run to the upside.
__________________
Its all about the U 2011-12 NBA: 132-99-5 2012 NBA Playoffs: 34-31-1 |
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#2
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All I'm hearing is how people don't like the valuation, it's not profitable, they offered too many shares, etc... Bad press.
Hoping for an upside soon. |
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