Replies to post #372 on Blackstone Inc (BX)

[The_Game]

What is there a 6% dividend now? I agree if you want BX now is one of the better times to be in. THere might be a little drop from where in the coming months but won't be worth it to be out in case this thing finally starts to take off which it eventually will.

[keymaster]

I did take a loss on BX, but the proceeds from the sale were put into MPEL which I believe is a better investment. I do plan to get back into BX in the future. It is just that I believe the opportunity to enter BX will be here for quite some time. It was just a matter of reallocating funds to where they could be most productive. I'll be watching BX daily, for signs that it is ready to make a big trend reversal. It will happen, but I don't see it yet. Perhaps by the time that happens I will be able to re-enter the position with the profit from my MPEL stock.