Non-Tech : Conseco Insurance (CNC)


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To: Tunica Albuginea who wrote (2596)8/24/2000 9:02:43 AM
From: Double DipperRead Replies (2) of 4154
 
Tunica,

I've been doing some DD and find it comical when shorts don alias's such as the Johnny Depp wannabe, and post excessively about the woes of a company. It appears that the major damage has been done to this company and the time for healing is upon us. An interesting note on yahoo this morning suggests that money flow has turned positive recently as measured by the number of 10K blocks being bought up. My own observation suggest that the retailers are indeed buying everything the institutional shorts are throwing at them. I've been watching the trading action almost tick by tick since last week and can verify this. Of course I too have been buying on the weakness.

I think the initial short squeeze - lets call it a preview of things to come is about to get their attention.

Regards
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