StockPickingEnthusiast
Short

Looking For Short Entry in $BX Blackstone Group

NYSE:BX   BLACKSTONE GROUP INC
Blackstone had huge insider selling on the 25th and is in a newly defined downtrend, plus it is overvalued.

Insider Selling:
Blackstone Holdings III L.P. 10% Owner Sep 20 Sale 32.75 $9,129,966 299,006,387 0 Sep 23 06:34 PM
Solotar Joan SMD, Head of Global PWS Sep 13 Sale 53.83 25,000 $1,345,750 235,803 Sep 13 06:57 PM NYSE:BX
Finley John G Chief Legal Officer Sep 12 Sale 52.31 20,000 $1,046,200 119,529 Sep 13 06:55 PM
Sep 27
Comment: 50 Day SMA is at 49.39 - I expect this to be touched today.
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