John Einstoss true: " Squeezes are of relative merit ".
In the case of Conseco for me, the squeeze is the frosting in the cake.
Look at eighty eight's post below:
Conseco, Hold, or Bail?
Message 13985283
That's why I bought it.
First off however, the No 1 reason i bought it is because
of Gary Wendt: Companies are their CEOs, very often.
Look at Crisco: it would never had gotten there without John Campbell.
The day he goes CSCO will tank several points, trust me on
this.
The other reasons are all illustrated in eighty eighty's
nice review.
-Top portfolio :ownership of Colonial Penn, Washington
National, Pioneer, Banker’s Life, National Fidelity,
Jefferson National, Beneficial Standard, Great American,
Lincoln American, American Travelers, Transport,
Massachusetts General, United, Continental Wabash and
others.
-And since 1992 revenues increased 6-fold while net income
and the stock price exploded…that is until 1998 when GNT
sold CNC’S management a pig in a brown paper bag (poke).
BTW if every investor in SI on Monday buys 1000 shares
only a small number of 50000 investors will have bought
50000000 shares and start a short panic situation.
So it will not take too many people to get the price up.
Can you say
Happy July 4 Th?? <vbg>
cheers
TA
PS: Perhaps the CONSECO discussion should take place in
the CNC SI thread. Any thoughts?
back later,
TA
|
