Conseco Insurance (CNO) Message Board

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Non-Tech : Conseco Insurance (CNO)

CNO 40.91

-0.8%

3:59 PM EST

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To: Kevin Podsiadlik who wrote (1682)	7/10/2000 12:45:56 PM
From: Tunica Albuginea	Read Replies (2) of 4155

Something interesting is happening during lunch Kevin. Somebody sold at 12.05:48, 25000 shares at 9 11/16. Probably a short IMHO desperately trying to knock the price down. Nothing. Stock didn't budge for a whole 10 minutes. No stops where taken out. Only 20000 shares traded X 10 minutes, significantly below average. Same thing happened at 12:17:48, another 25000 sold at 9 5/8 .Nothing happened: demand remaines strong at 9 11/16. OBV in fact not only did not confirm 9 5/8 but it actually moved higher. Demand remains strong. Volume today and Fri has slowed significantly:Fewer sellers. Looks very good here. Kevin. When the price decides to move up it may do so explosively I think, because of shorts burning up like lightning. 5 bucks in one day? 50% in one day? all IMHO :-)) TA@ShortsGettingDesperate.com

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