Monday, May 3, 2010

PLSN: Is Paulson, which is CNO

We are playing CNO. ( We decided to share our trades for awhile to add drama and improve the website). We bought today at 6.02. The Earnings come out Tuesday (after close) with a .13 estimate. We chose not to play SIRI; although, it may hit 1.40 as they report earnings Tuesday. Too many "retail" in the trade. Our computers give CNO a better "play rating" than SIRI. Our computers are looking for an "above 7" if the earnings play out. CNO did disappoint last time-and disappointments are like cockroaches-never just one. We will go with our computer program here and see if it works. Paulson owns 5% plus of company (at last filing). This will be another test of our systems. I don't want to play-the computers do.