1. Usually, there are two ways for new stocks, one is go down, the other is to firm a base before going up, like Mastercard (MA).
2. BX are export in investment, it advanced its date of IPO, why they rush for an earlier date? because it wants a better price when listing, which means they read the market will go lower in the coming months.
3. We don't know what price Chinese government get, they are whole sales investor, not like us, they will get better price, we get market retailer price.
Don't touch BX until all the dusts settle down, a nice base built which is the best scenario, which takes at least a few months, no rush.
2. BX are export in investment, it advanced its date of IPO, why they rush for an earlier date? because it wants a better price when listing, which means they read the market will go lower in the coming months.
3. We don't know what price Chinese government get, they are whole sales investor, not like us, they will get better price, we get market retailer price.
Don't touch BX until all the dusts settle down, a nice base built which is the best scenario, which takes at least a few months, no rush.
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