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$7.99 -0.72 (-8.27%)
10/10/2008 4:00 PM

The Blackstone Group L.P. (BX)

CAPS Rating:
**

An alternative asset manager Company and its business include the management of corporate private equity funds, real estate opportunity funds, funds of hedge funds, mezzanine funds, senior debt vehicles, proprietary hedge funds & closed-end mutual funds.

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Avatar elmoq (89.31) Submitted: 8/13/07 8:33 AM : Outperform Start Price: $25.97 BX Score: -15.81

Great earnings this morning ..company beat down with the rest of the financial sector, Llike google nmx and other new issues analysts are not familiar with the earnings of this company and therefore it will have surprises for the next 4- 6 quarters.China is heavily invested in this stock and have taken a big hit since the IPO, maybe this is how they unload some of the american dollars that are supposed to be liquidating by buying more shares and bringing the average cost in their portfolio down > this company has the funds and reputation to attract wealthy investors that are bailing out of other investments and buy up struggling companies. Dont be surprised if they buy some of the troubled mortgage players like a LEND .Talk of lonestar being insolvent isnt new and BX could attract investors from them as well..If you can stand the volatility and the economy doesn't have a total meltdown this could be a $40 stock in 18-24 months

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