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Non-Tech : Conseco Insurance (CNO)
CNO 40.49+0.4%Nov 6 3:59 PM EST
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To: Sr K who wrote (2455)8/19/2000 12:46:07 PM
From: Mama Bear  Read Replies (1) of 4155
 
"The 47 to 3 example was not pulled out of thin air"

I guess I did not recognize it since IRID (F,Q,E) did not fall as low as 3 until subsequent to the August halt, and never rose as high as 14 after that.

"Oh, I recall someone, in another life, complaining that the bounce to 14 was stupid short covering or some other nonsense"

I hope you're not trying to imply that I said that. One can argue with the benefit of hindsight that holding from the intraday low of 5 to the intraday high of 16ish during the squeeze was 'poor money management' but with the borrow as tight as it was and the end result for the company as clear as it was, I disagree 100%.

Regards,

Barb
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