CNO - Conseco Inc. - Page 21

It needs to break this frickin' wall! Get it done!

Are we on a BREAKOUT ALERT?

Holding is a no show, so I'm calling a BREAKOUT ALERT!

I'm here! LOL

BOSTON (TheStreet) -- Billionaire hedge-fund managers David Tepper and John Paulson shared a small-cap insurance bet in the fourth quarter.

CNO UPPaulson earned almost $10 billion for himself over the past three years, in large part, by selling short subprime mortgage securities. Tepper's four portfolios, run from Appaloosa Management's offices in Chatham, N.J., doubled last year, helped by timely wagers on financial-services firms.

Tepper boosted his Conseco(CNO) position by 39% to 2.2 million shares in the latest quarter, and Paulson multiplied his wager eight-fold to 24 million shares through a private placement, according to Securities and Exchange Commission filings. Paulson's new shares cost him $78 million, accounting for 8.9% of shares outstanding. As it's difficult to unload 24 million shares in a pinch, it's safe to assume that Conseco is a long-term holding of Paulson's New York-based Paulson & Co.

The once-beleaguered insurer, based in Carmel, Ind., mounted a turnaround in 2009. Conseco swung to a third-quarter profit of $15 million, or 8 cents a share, from a loss of $183 million, or 14 cents, a year earlier. Revenue increased 9.5% to $1.1 billion, and the operating margin stretched from 3% to 8.6%. This performance marked the third-consecutive quarterly profit for Conseco, which suffered an accumulated loss of $2.21 a share in 2008.

Look at all the 10k's filed by insiders over the past 2 days....they're buying in......We're gonna close that gap to 7 dollars. We could squeeze over 6 tomorrow easy.

Just a dime short of 6 bucks.

I bought more @ 5.90 when it was looking to break..... sold those @5.84 tho- it appeared to be pulling back.

Finally broke out for you guys.

Congrats!

It's just coming back to life...we have a huge gap to fill back to 7 dollars. This stock is trading at 30% BV while its peers trade at 100% of their book value. Loving CNO.

Watch this as it breaks 6.....

Holding is putting this on breakout alert.

Out at 5.89. Not because I think it will stop, just because it hit my sell of +10%

USMC

Finally got your breakout. Congrats!

It did, but I still want $10 bucks as Holding elluded.

Break this double top and we are going to get a huge green candle...

Key resistance level just broke...watch out this one is going to get slippery to the upside. You guys who have been in this have seen how fast it moves up to the next level...