CNO - Conseco Inc. - Page 3

Great earnings announced after hours. Trading up HUGE...tons of room to run! Gonna go for the 52 week high of 10 dollars.

July 28 (Bloomberg) -- Shares of the following companies may have unusual moves in U.S. trading tomorrow. Stock symbols are in parentheses, and prices are as of 6 p.m. in New York.

Standard & Poor’s 500 Index futures expiring in September fell 0.2 percent to 973.7.

Conseco Inc. (CNO:US) jumped 21 percent to $2.29. The Carmel, Indiana-based life insurer said it had a second-quarter profit and that results complied with credit agreement covenants.

http://www.bloomberg.com/apps/news?pid=stocksonmove

Good news but errrrrrrrr ummmmm hitting 10 dollars? errrr do not think so not before the end of the year.

We'll see. Up 36% today with tons of room to go.

Resistance just broken at 2.51....look out above.

9 million shares were short as of 7-15.

CNO up 50%

Wow...

closed out at 2.58 definitely going to keep an eye on it.

Sold off at the end of the day. I bought that dip at 2.55. She's got plenty.....PLENTY...of room to run.

Looking at some Jan 2.50 calls... will buy on a nice pullback. D'oh... day late syndrome. May have priced into a straight long play here.

Buy this consolidation at ~$3. Gonna move big to the north.

Get in here early if you are able.

Flipped it last week from 2.96 to 3.13, also picked up some of those Jan 2.50 calls. I can wait for the calls to gather a nice head of steam, but the common shares should bounce around nicely for continued daytrading and swingtrading for the next week at least. Looking to ride it from hopefully 3.0x to 3.3x next week, then do it again slightly higher if the chart and technicals still look good. Had I been in under 2, holding longer term would seem a lot more desirable.

She's cookin'

Long is where the money is on this stock. Look at the volume and the price action. HUGE support established here in a stock that's only trading 40% of its book value. HUGE buy at these levels.

http://stockcharts.com/h-sc/ui?s=cno

From The Motley Fool

5 Stocks Approaching Greatness

http://www.fool.com/investing/genera...greatness.aspx

* Conseco (NYSE: CNO)
* Energy Conversion Devices (Nasdaq: ENER)
* ExxonMobil (NYSE: XOM)
* US Bancorp (NYSE: USB)
* Verizon (NYSE: VZ)

Almost another 4% in AH. Total 22% not including PM.

She'll open above 4 dollars and could very well hit 5 tomorrow. If the company assures investors on its current debt situation, which is manageable in my opinion, this thing could be setting up for a major move north that makes its current run look weak.

The close is 3.68...after hours we have 3.81.

Monster gap to fill back to last years pps. Last year the company was not profitable and was trading at much, much higher levels. This year, they've turned the 2nd straight quarterly profit. Lots of room to run here.

Isn't earnings tomorrow? I wonder if it'll sell off.

Yep, earnings are tomorrow. It will sell off if the leadership team doesn't give the investment community a warm and fuzzy feeling about it's debt management situation. If they can prove that they have some of that under control, this stock will really rock.

Either way, it's still extremely undervalued at 4 dollars. It's trading at 42% of it's book value. That ain't right for a company like CNO that's clicking better than it ever has...way better.

Last quarter, people sold off after the earnings release because...well, everything did. Wall Street wasn't convinced with not only CNO, but most everything that reported upside surprises from Q1. Difference this time, CNO has proven that was no fluke and has clearly turned the corner. It's headed north.

This is a 6 dollar stock short term and a 9-12 dollar stock within a couple months...call it, 90 days.