Conseco Insurance (CNO) Message Board

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Non-Tech : Conseco Insurance (CNO)

CNO 39.64

-0.9%

11:10 AM EST

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To: Robert T. Quasius who wrote (1926)	7/23/2000 2:16:45 PM
From: BWAC	of 4155

Speaking of shorts. You all do happen to know that short interest INCREASED from mid June's 54 Million to mid July's 64 Million or so. Pile on???? This potential short squeeze isn't over yet. They still have plenty of money to lose. And they still have plenty of money to throw into piling on an ever increasing short position. If and when Wendt makes a definitive positive move/action on CNC's troubles then these shorts are in trouble. Of course they don't see CNC ever recovering, but others do see it recovering and soon enough btw. Earnings are listed as the due on July 28. Expectations are for 28 cents. I expect they miss the target and am prepared for whatever occurs in the short term.

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