Blackstone, Crocs and Starbucks

Reading Time: < 1 minute People who bought the Blackstone (BX) at its IPO debut (around 35), will regret “chasing hot stocks” now. I don’t know how the Chinese State Investment Co. (who took 8% stake at around $3 b) felt about this. Oh well, they are in this for long haul. Crocs stock (CROX) got a hit today. Barrons… Continue reading Blackstone, Crocs and Starbucks

Blackstone BX IPO

Reading Time: < 1 minute You don’t have to be a stock junkie to know this one. Blackstone IPO generated so much buzz lately, from Chinese State Investment Co. take a significant stake (without voting power), to its high flying CEO cashing in billions of dollars in the IPO, and some congressman talking about impose the 33% tax rate rather than… Continue reading Blackstone BX IPO