BX now worst-performing IPO this year
Started by
brasilstocks
, Jul 27 2007 09:13 AM
2 replies to this topic
#1
brasilstocks
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Posted 27 July 2007 - 09:13 AM
what does this tell me about the whole LBO hype the market been set on?
Gartner said the IPO probably marked the top of the bull market and is very bearish for the next months to come
#2
ogm
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Posted 27 July 2007 - 09:20 AM
what does this tell me about the whole LBO hype the market been set on?
Gartner said the IPO probably marked the top of the bull market and is very bearish for the next months to come
Here is the thing.. I think Gartner is late to the party with that conclusion
We already sold off on that. Right now everyone is talking about it. Even CNBC. They were all over it this morning. Is it completely priced in ? Probably not. And especcialy in those stocks that were supported by that speculation, otherwise.... life goes on.
Edited by ogm, 27 July 2007 - 09:21 AM.
#3
CAzzaro
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Posted 27 July 2007 - 09:24 AM
Gartner or Gartman? I'm guessing you mean Gartman. If so, has he ever been right? He always seems to be late to the party, like OGM says.
