Avoiding the Blackstone Group (BX) IPO For Now...

Just like every other high profile IPO, BX fails to impress. Then again, I wasn't expecting it to be a worth while intra-day market buy. Big name (high caliber) IPO's always seem to dissapoint at their debut. The two exceptions were BIDU and MA, and that was quite a while ago. My advice is, keep an eye on BX and let it come down a bit before you push the buy button. I will also keep an eye on it and keep you posted on any proper entry points.