Blackstone Group $1 Away from 52-week low

A swing and miss for the Blackstone Group L.P. (NYSE:BX) after reporting a Q3 loss.

Blackstone's value of its investments and turned in a Q3 net loss of $509.3 million, after a year-earlier profit of $229 million.

Just wait until the analysts covering BX dig into this, their claws of lowered expecations could really drop shares to a new 52-week low.

Going into the call, expecations were very low:

Before you think about buying on the dip, wait for the analyst downgrades, shares could get even cheaper: 

Discliamer: No positions.