Don’t Act Like You Weren’t Begging For It

By

blackstoneiposecondayfirstdaypopletdisapointingipoperformancedownwarddowndowndown.JPG Blackstone closed yesterday below $20. Right this second, it’s at $18.45. I bet a lot of you are saying to yourselves, “Yeah, and? No big d.” That’s because you’re one dimensional thinkers. This is a big d, for four* reasons. 1. Blackstone IPO looks more and more like the physical manifestation of the top tick on the private equity bubble. 2. The Chinese, pissed at buying 8.7 percent of this garbage, now have yet another reason for an arms race with the U.S. 3. It means the follow-up to the bukkake party of IPOs was a bust, and all those yelling “Buy shares on my face! Buy shares on my face!” last spring are now suffering from PCD (that’s Post Coital Depression** to those who, I have no idea why, don’t know). 4. CRAB HANDS, THE GRAPHIC.
Blackstone shares drops below $20 [Reuters]
*The first three don’t really count, I just like the build-up.
**NB: That’s a Hahn-ism you’re reading right there.

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    Comments (25)

    1. 1
      Posted by s75 | January 8, 2008 at 3:14 PM

      CRAB HANDS! HUZZAH!
      Is there a section for DB graphics hall of fame? there should be.

    2. 2
      Posted by Anonymous | January 8, 2008 at 3:19 PM

      BUY SHARES ON MY FACE!

    3. 3
      Posted by Anonymous | January 8, 2008 at 3:22 PM

      you mean “top tick”
      not “top ticket”
      never worked in trading eh?

    4. 4
      Posted by HAM'05 | January 8, 2008 at 3:25 PM

      youre the best

    5. 5
      Posted by MSMHack | January 8, 2008 at 3:28 PM

      Best business j phrase. ever: bukkake party of IPO’s. Reminds me of 1999.

    6. 6
      Posted by Anonymous | January 8, 2008 at 3:30 PM

      well i knew you just graduated from school
      so i put all together

    7. 7
      Posted by falcon | January 8, 2008 at 3:40 PM

      ok, ill say it.
      i want to buy shares on bess’ face.

    8. 8
      Posted by Anonymous | January 8, 2008 at 3:44 PM

      count me in for 5 shares on bess’ face!

    9. 9
      Posted by Anonymous | January 8, 2008 at 3:52 PM

      @3:44, dude you better be in for at least 5 shares of Berkshire A shares if you want to do anything on Bess’ face. I’m afraid you’re probably closer to buying 5 shares of CFC though.

    10. 10
      Posted by jag | January 8, 2008 at 4:00 PM

      I’m offering 50,000 mandatory convertibles at 11% issued by Citi. Bess: call me.

    11. 11
      Posted by Anonymous | January 8, 2008 at 4:07 PM

      “That’s because you’re one dimensional thinkers.” heh

    12. 12
      Posted by falcon | January 8, 2008 at 4:18 PM

      bess – what’s it gonna be? can we party like its 1999?

    13. 13
      Posted by Barak Obama | January 8, 2008 at 4:44 PM

      Bess Levin is a humerous individual

    14. 14
      Posted by anonymous | January 8, 2008 at 4:47 PM

      Is buying shares slang for sit or something?

    15. 15
      Posted by falcon | January 8, 2008 at 4:49 PM

      4:47.. that works too. I’d glad take a seat.

    16. 16
      Posted by Anon | January 8, 2008 at 5:19 PM

      Is Bess hot or what? New website! BessTube.

    17. 17
      Posted by Anonymous | January 8, 2008 at 5:21 PM

      @ 5:19- Hot.

    18. 18
      Posted by falcon | January 8, 2008 at 5:22 PM

      if you have to ask, you shouldnt be posting. this is for bessophiles only.

    19. 19
      Posted by Anonymous | January 8, 2008 at 5:23 PM

      @ 5:19- Hot.

    20. 20
      Posted by jag | January 8, 2008 at 5:31 PM

      Bess is way hotter than that bitch Erin Burnett.

    21. 21
      Posted by Hizza | January 8, 2008 at 7:45 PM

      Governess Bess Bukkakis. I’d be happy to run her campaign Greek style.

    22. 22
      Posted by Anonymous | January 9, 2008 at 7:48 AM

      @4:47 i think you should google bukkake

    23. 23
      Posted by Anonymous | January 9, 2008 at 7:50 AM

      http://www.boingboing.net/images/ai_billboard_thumb.jpg
      freakin japanese are so weird

    24. 24
      Posted by anon | January 9, 2008 at 12:19 PM

      useless statement. stating the obvious and missing the hidden points.
      and the chinese “pissed”? because of lousy 3bn?? man, wake up!! they “lost” ten times as much by buying t-bonds.
      you have no idea what you are talking about, so all that you achieve is making some childish noise.
      give me a break.

    25. 25
      Posted by Anonymous | January 9, 2008 at 12:21 PM

      12:19– did you not read the “*The first three don’t really count, I just like the build-up.” moron. all that YOU have achieved is showing us your idiocy. give us a break.

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