Saturday, November 21, 2015

Buy BX (Blackstone Group LP) @ $30.75 on 20Nov2015

BX (Blackstone Group LP) recommended Buy @ $30.75 on 20Nov2015.
Market is valuing BX only based on Management Fee Income and discounting prospects of further growth in Fee Generating AUM which can double over next 7 years. Also market is discounting the incentive income stream.

Another option is to sell $30 Jan2018 Puts or $35 Jan 2017 puts to lock in price below $23 and $26 respectively.

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