Zachary Scheidt

Calling a Turn in Blackstone Group

Kang, I sold my position from the IPO when the deal went south (damage control) but yes, I have begun building a position with a much lower average price

All, Thanks for the comments. Many are right in that the numbers are difficult to come up with. Management's guidance gives little concrete to work with simply because there must be assumptions as to the value of holdings for which there is no current market. However as sentiment begins to turn and the market begins to find its feet (even if temporarily), Blackstone should get a strong trade-able lift.