Conseco Insurance (CNO) Message Board

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Non-Tech : Conseco Insurance (CNO)

CNO 39.59

-1.0%

3:59 PM EST

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To: Tunica Albuginea who wrote (2434)	8/17/2000 2:29:18 PM
From: Softechie	of 4155

Tunica, Based on my money flow stats I see smart short-sellers are covering their bets in low to mid $7's. Shorting any lower would increase their risks substantially. There's a certain threshold that short-sellers don't want to cross and it sure seems below $7. Otherwise they will attract a short squeeze play. They have to keep the price in the middle to satisfy the longs and keep the stupid shorts from running to the door. I love to see the ending of this Conseco story.

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