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Re: Rawnoc post# 173845

Wednesday, 11/12/2008 11:08:03 AM

Wednesday, November 12, 2008 11:08:03 AM

Post# of 275618
Picked up a starter of CNO at $2.45. What can I say, the stock is very cheap based on operating earnings of .32, so I was attracted to it. The downside is these investment loses. I think they will be able to get through them. If they do, this stock will start posting .30-.40 a quarter, even a 5 PE times .30 a quarter, would equal $6.00 a share. Their are risks here, but I feel they are worth it. Stock also trades significantly under book as well. Just my opinion.

---All above is just my humble opinion.
And I could always be wrong.
And as always do your own DD.---
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