August 31 st. CNC NEWS and Review:
We had a GREAT day yesterday. A taste of things to come:
The News:
Aug. 30 Bloomberg Conseco Shares Gain as Bank Debt Rescheduling Pact Expected By Dan Lonkevich
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Yesterday we had Rumors Galore =============================
Rumor that AXA will buy CNC:
ON The Move: Is Conseco a Takeover Target? biz.yahoo.com
You need REAL PLAYER for a broadcast of this.
Dow Jones: Conseco Up 6%; Extends Gains On Bank Deal Speculation Dow Jones Newswires
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======================================================== teknalysis in RB speculated that at a $20 buyout Wendt gains tremendously on his common stock deal ragingbull.altavista.com
Furthemore at $20 all insider debts are gone!!
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Speculation about AXA or somebody else buying CNC contnues.
Recent report shows DLJ increased CNC position by 429% over previous Q AXA just bought DLJ. for 11.8 bill. insidertrader.com
The rumor appeared in JAG notes messages.yahoo.com
=================================== Rumor that A.M. Best upgrade a done deal: messages.yahoo.com
Two weeks ago CNC presented three reinsurance proposals to A.M. Best. They were VERY responsive. Deal for significant upgrade waiting for refinance to be formalized. Might wait until Sept. 22nd. Production will rebound. Conseco variable #1 variable annuity in country with 9 five star rated funds and sales doubling each year for the last two years.
No more write-offs for GNT, 150 million in savings from restructuring= $750 million profit. Add a billion or so from insurance & investment management. Asset sales = debt upgrades = lower interest expense. Surprise earnings through 2001.
This butterfly is half way out of the cocoon and getting ready to fly. It's like buying GE at 1995 prices. Source? 11815 N. Pennsylvania Street Carmel, Indiana 46032, Bldg. A, 4th floor. messages.yahoo.com
===================================== Meanwhile Cramer complains about negative web postings:
messages.yahoo.com
For COMPLETE previous CNC NEWS and REVIEWS go to ragingbull.altavista.com
Oldies but Goodies: The Economist: The Nature of GE economist.com
And …Don’t forget The PAC=MAN STRATEGY for A GIANT CNC Short SQUEEZE: ragingbull.altavista.com
Under NO, repeat,
N O
circumstnance
SELL TOMORROW ! ! ! ! ! !!
DO NOT SELL ! !
Plan is to bo up, 1/2 point, maybe one point, heaven forbid more than one point, each day.
We MUST go through LABOR day WITHOUT selling a SINGLE SHARE!!
The TARGET remains $20.
NON-NEGOTIABLE,
We have , PENETRATED the 10,20,30 & 50 DMA
and We have RUPTURED the Bollinger's Membrane!!
Houston:
We have PENETRATION, RUPTURE and LIFT - OFF !!!
stockcharts.com[L,A]DCCLYYMY[DC][PB20!B30!B50!D20,2!B200!F][VC60][IUH14,3!LI14,3!LC20!LK14!LA12,26,9]
A GIANT army of HUNGRY FIREANTS, aka CNC-PAC-MEN,
go pac-pac, gobble-gobble squeeze-squeeze stock's UP DON'T SELL...& put the stock in your name.
Goal is $20.
The "Bash and Stash" crowd ( Institutions, Brokers ) never envisioned a Nationwide Invasion of CNC Long Fireants marching and eating.
Their Plan?
Call Terminx. Instead,……..they get THE SQUEEZE ! ! !
TA @ CNCLongs HeadQuarters and Command Center. |