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$17.20 0.43 (2.56%)
7/8/2008 4:04 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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16

Avatar Gtrinvestor (99.97) Submitted: 6/22/07 1:55 PM : Outperform Start Price: $34.25 BX Score: -34.27

This stock is way way over valued... and everyone knows it!


I am purely going to ride this one up for the next 30 days b/c the KKR IPO hype will continue to drive the price on this one up further, and then I will sell (in the CAPS way). I considered putting real money on this short-term play, but I got burned on that during the dot.com era, so I won't be risking real capital... just CAPS points.

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Avatar Gtrinvestor (99.97) Submitted: 6/25/07 11:24 AM

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Hmmm, maybe investors out there are smarter than I gave them credit for... this stock is actually down since I picked it. If so, then that's fine, and it actually gives me a little hope that the bull rally will continue due to investor's realistic hopes. However, if this thing starts making a run, then I will have to seriously consider converting my other stock holdings to cash, b/c there is too much irrational exuberance in the market.

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Avatar Gtrinvestor (99.97) Submitted: 6/26/07 7:56 AM

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By the way, if you are looking at this stock, you should read the MF article about the Blackstone IPO @ http://www.fool.com/investing/general/2007/06/22/should-you-...
It's nice to see an MF article with a real point of view on things, as all too often these write-ups simply culminate into a sales job for Global Gains or Hidden Gems (by the way, I love Hidden Gems and its performance is clearly outstanding, but I hate being suckered into article after article with catchy titles, only to get to the bottom and read something like:
"... are these great investments, I don't know, but what I do know is that the MF team scours the planet for the best investments around the world. Subscribe to Global Gains today for a 30 day free trial !"

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Avatar Matt8265 (85.22) Submitted: 8/21/07 5:40 PM

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Amen to this statement, I love MF and appreciate this forum, BUT some of these essays simply piss me off for their lack of meat. If i wanted entertainment, I'd read People.

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