Price to book value is going to move this stock. Hold on to CNO. First big volume day we go to 6.00. Unless you dump it. Don't get fooled. We need approximately 50 million shares to trade from 12-23-09. Then it moves up. Just my opinion.
SOME attention to analysts forecast? If this is true Armageddon would have occurred in 2008 and 2009. They only like the stocks they pump. Jim so you don't see a 7% jump in price before earnings? You had said it was laughable. I think your wrong and if your wrong on that perhaps your wrong on your price target also. In closing screw the analysts.
well we finally have 3 of the 6 covering analyst update their 2010 earnings down in line with cno guidance last month.
whether they or the share issue LEAD brokers issue an upgrade may or may not happen.
consensus is about 6.60 for a 12 month target or a pe of 10
that room for another $1 increase from here over the next 12 months..not 12 days.
I believe your numbers and the annalists are to low. A price to earning of 12 would be a better guess. Because of the improved balance sheet. Also your using the lowest earnings estimate. .85 X 12 = 10.20 Just my opinion. I do thank you for responding. I have always enjoyed reading you analytical posts. Please keep them coming.
dont you think cno will be pretty quiet until q4 earning in early feb and the NEW balance sheet is VERY TRANSPARENT with all the changes done in q4.
the 50 mln newly sold shares are also being absorbed as you state.
pretty quiet on the stock at the current tight range until then at least. $6 is laughable before earnings.
tha eactual nunber for q4 may really not matter one way or the other anyway as cno has already given pretty specific detailed guidance for all of 2010 less than one month ago.
laughable are only statements, that something is laughable. Why do not you learn from your own past, you fabulous GNW predictor?
CNO looks bit overbought technicaly, but money is ready on sideways......and signal to start buying can be anything.....and can come anytime....
If everything would be so clear and laughable, you would be not sticked to your table for all trading session every fu-king day of the year.... :))