10 replies to this topic

[Jnavin]

Blackstone IPO is over-subscribed.

[atlasshrugged]

Blackstone IPO is over-subscribed.

great observation..thanks for sharing

[OEXCHAOS]

Wow. I'm not sure how to take that. Someone has to want to sell in order to take a market down... Mark

[relax]

don't the bulls just seem very weak on a day like today

previously bulls have been able to shift sentiment faster, but with yields ultimately going higher, there seems to be a roof over indexes

seems to be just a matter of time before yields hit 5.25 again and markets crash
also bank of japan raising rates, also a matter of time, will mess the markets up

Wow.

I'm not sure how to take that. Someone has to want to sell in order to take a market down...

Mark

[arbman]

Blackstone IPO is over-subscribed.

I heard that it was about 7 times over-subscribed, a lot of dumb liquidity out there...

[arbman]

MSNBC said right now that it is 10-15 times over-subscribed now!

[arbman]

Further, Blackstone has said compensation costs and other fees tied to the IPO will prevent it from turning a profit for several years.

link

more

[ogm]

Absolutely everyone wants to get in on the hot trend in LBO's , just as it may be coming to an end with the interest rates climbing. How's that for the sentiment.

[OEXCHAOS]

Looks like now is the time to sell out...like ASAP.

[Tor]

Blackstone IPO is over-subscribed.

Investor appetite to take risk is still constructive and positive it seems. They didnt pull it, they didnt drop the price did they. I would be worried had they done so.