Thursday, December 12, 2013

Hilton Worldwide IPO

I received a small allocation (the usual 100 shares) in Hilton Worldwide (Ticker: HLT). I usually avoid IPOs from private equity exits, but in this case I like that Blackstone is not selling any shares in the IPO. Although it’s nice to receive an IPO allocation, it’s often only a tiny amount of what you requested. So I’ll hang on to my Hilton Worldwide for 30 days to comply with the brokerage firms flipping policy and then see what happens.


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