jbs

Blackstone's Bad Week: Stock Loses 11.5% Since IPO

On Tuesday KKR announced that they were going public. It was in the Journal.

Tops and Bottoms: Reflections and Predictions

We may be near a bottom but extensive news coverage about subprime mortgages isn't enough to arrive at that conclusion. News coverage is only one signal that a bottom is approaching.

These stocks are still being sold. When they report disappointing earnings and the stocks cease to decline further, that's when I'll get interested -- when the sellers are gone.