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Non-Tech : Conseco Insurance (CNO) -- Ignore unavailable to you. Want to Upgrade?


To: Tunica Albuginea who wrote (2351)8/13/2000 12:30:05 PM
From: BWAC  Read Replies (1) | Respond to of 4155
 
Are you serious? 78 Million short? Thats piling on at its best. Or worst. Unbelievable. Its also called protecting your short position by creating excess supply. Amazing. Can they hit 100 Million? At their current pace another 2 months and they'll be there. Irwin ought to make his shares available to be shorted. It would be like baiting the hook.

The absolute funniest thing is these guys up their risk of great failure with each attracted new shorter. Of course they never plan to cover, its going to zero, never close the position, never pay taxes on profits, swing for the fences, hit the big one, hero sort of material.



To: Tunica Albuginea who wrote (2351)8/13/2000 2:55:40 PM
From: Mama Bear  Read Replies (1) | Respond to of 4155
 
Funny that short interest number isn't the same as the WSJ (and you) reported in July:

Message 14109530

But the more the merrier I always say. I recall the Iridiots and their obsession with the high short interest. It's strange how some longs seem to think that shorts are in for the benefit of the longs.

Regards,

Barb



To: Tunica Albuginea who wrote (2351)8/14/2000 2:26:29 PM
From: Tunica Albuginea  Read Replies (4) | Respond to of 4155
 
8/14/00 – NEWS and REVIEW of CNC Articles and POSTS

Comments:

This week the battle between the CNC Shorts and Longs will continue.
Current Short Interest in CNC as of 7/14/2000 is 63,975,097 shares
Per Wall St. Jour. It is probably higher now per this link:

trading-ideas.com

Jacobs says that shorters are
”sophisticated Wall Street investors
managing other people's money.”

He thinks ” CNC the shares are worth more, “
and blames these Wall Street's hedge funds,
and the high-return investing clubs for the wealthy
for trying to short CNC.

biz.yahoo.com

Message 14204430

Last Friday what was remarkable is that trading was almost halted
In the last 2 hours of trading. Volume was
20000 to 30000 shares per hour which is a minuscule part
of the average daily volume.
This suggests that shorts are having an increasingly difficult time
shorting any more.
Again, the rules to create a short squeeze:
If you own, or just bought CNC stock,
a) ask your broker to take the stock out of Street name, or
b) ask your broker to put a sell price “ good till cancelled “
at let’s say $20 or $30. That will remove it from the short lending pool..
c) or simply ask him to restrict it, ie you don’t want to have it
loaned out for shorting.
A good short squeeze could double the price of CNC to 15.

=========================================================

A final post on who I think CNC shorts are :

messages.yahoo.com; mid=65509

=================================

8/14/00 Herzog Named Executive Vice President, General Counsel At Conseco

biz.yahoo.com

about Herzog

messages.yahoo.com; mid=65612

About David Herzog
(from his home page )
David Herzog concentrates his practice in business and commercial litigation, representing corporations and individuals in a variety of kinds of disputes. He has had extensive experience in banking, business-tort, contract, and officer/director-liability litigation, and has represented numerous defendants in class actions in both state and federal courts involving claims based on the securities laws, the federal Truth in Lending Act, and various consumer contracts. In addition, David has represented defendants in a number of cases involving mass torts, including cases arising out of natural gas and chemical explosions.
by: kevins_28532

================================

REVIEW of previous CNC
Review articles

ragingbull.altavista.com

================================
TA