blackstone IPO, good buy? yes or no?

Answer 1

if you can't get in at the ipo price
it probably won't hurt to wait a couple of weeks for the market to settle into a more stable trading range...

if your brokerage house handles the ipo
and you can get some
see if you can put in a market order with a 10%-15% sell stop limit
...you probably will make that on the ipo's hype...
and then jump out until the price settles...

another caveat
...check the date on the "big boys" restricted sale date
...if a major player...a bank, retirement fund, company insiders, etc etc etc can make a huge profit at their sell date, it will probably be best to wait until the dust settles after their transactions

and watch out for undue hype before the opening ...
by the time MasterCard came public, the insiders-at around $60-watched the price jump to $140's-$150's before settling back...a HUGE differential ....


I'm waiting for Visa's IPO...
of the two...I'll go with Visa

Answer 2

until you're loaded, stay away. it rather is a bubble that ought to burst at any time. You aussies have remarkable investments at your fingertips. The miners are well timed and could be booming for a together as by way of fact of call for from China and India. BHP, RIO TINTO, CVRD (the enormous Brazillian iron and nickel miner) AAUK (anglo american) ... you ought to purchase all of them and that they are going to do nicely for you.

Answer 3

depends - I think it will jump quick, settle down, and then might not get legs at all - think NYNEX - went from 80 to 145 - settled in the 120's, now up to $136, but still the people who bought at the top lost money.