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

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.

Comments

Posted by s75, Jan 08, 2008 3:14PM

CRAB HANDS! HUZZAH!

Is there a section for DB graphics hall of fame? there should be.

Posted by , Jan 08, 2008 3:19PM

BUY SHARES ON MY FACE!

Posted by , Jan 08, 2008 3:22PM

you mean "top tick"

not "top ticket"


never worked in trading eh?

Posted by HAM'05, Jan 08, 2008 3:25PM

youre the best

Posted by Bess Levin, Jan 08, 2008 3:27PM

actually, 3:22, it was a typo but please tell me where on earth you uncovered the deep dark secret that i've never worked in trading? your recon is frighteningly spot on.

Posted by MSMHack, Jan 08, 2008 3:28PM

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

Posted by , Jan 08, 2008 3:30PM

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

Posted by falcon, Jan 08, 2008 3:40PM

ok, ill say it.

i want to buy shares on bess' face.

Posted by , Jan 08, 2008 3:44PM

count me in for 5 shares on bess' face!

Posted by , Jan 08, 2008 3:52PM

@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.

Posted by jag, Jan 08, 2008 4:00PM

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

Posted by , Jan 08, 2008 4:07PM

"That's because you're one dimensional thinkers." heh

Posted by falcon, Jan 08, 2008 4:18PM

bess - what's it gonna be? can we party like its 1999?

Posted by Barak Obama, Jan 08, 2008 4:44PM

Bess Levin is a humerous individual

Posted by anonymous, Jan 08, 2008 4:47PM

Is buying shares slang for sit or something?

Posted by falcon, Jan 08, 2008 4:49PM

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

Posted by Anon, Jan 08, 2008 5:19PM

Is Bess hot or what? New website! BessTube.

Posted by , Jan 08, 2008 5:21PM

@ 5:19- Hot.

Posted by falcon, Jan 08, 2008 5:22PM

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

Posted by , Jan 08, 2008 5:23PM

@ 5:19- Hot.

Posted by jag, Jan 08, 2008 5:31PM

Bess is way hotter than that bitch Erin Burnett.

Posted by Hizza, Jan 08, 2008 7:45PM

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

Posted by , Jan 09, 2008 7:48AM

@4:47 i think you should google bukkake

Posted by , Jan 09, 2008 7:50AM

http://www.boingboing.net/images/ai_billboard_thumb.jpg

freakin japanese are so weird

Posted by anon, Jan 09, 2008 12:19PM

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.

Posted by , Jan 09, 2008 12:21PM

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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