SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Conseco Insurance (CNO) -- Ignore unavailable to you. Want to Upgrade?


To: boredman who wrote (408)11/19/1997 10:05:00 AM
From: M.A. Miller  Read Replies (1) | Respond to of 4155
 
WSJ reported today that insiders bot the balance of the unused 4 million shares at average prices of $48. With the price currently below $46 that means "BACK UP THE TRUCK AND BUY". It's almost guaranteed, based on previous history, that the price of CNC is headed much higher within 9 months.

I look at one director in particular, James Massey, a retired banker. When I see this guy buying up stock with borrowed money at $48, I know it's time to buy more. Unfortunately, I'm almost tapped out because I bot a bunch 18 months ago and have too much gain to sell right now.