Tag: Muddy Waters

  • BXMT Crisis Became an Opportunity, as Hoped

    BXMT Crisis Became an Opportunity, as Hoped

    Always keep track of weaknesses for opportunities. On December 6, for example, we noted, “Blackstone Mortgage Trust (BXMT) just took a bad hit. However, the crisis may soon become an opportunity. Down about 8%, short-selling hedge fund Muddy Waters is to blame.” At the time, BXMT just plummeted from $22.09 to a low of about…

  • Crisis at Blackstone Mortgage Could Lead to Opportunity

    Crisis at Blackstone Mortgage Could Lead to Opportunity

    Blackstone Mortgage Trust (BXMT) just took a bad hit. However, the crisis may soon become an opportunity. Down about 8%, short-selling hedge fund Muddy Waters is to blame.  According to Reuters, “Carson Block, the CEO of Muddy Waters, told attendees at the Sohn Conference in London that Blackstone’s real estate investment trust (REIT) faced issues…