Glen Bradford

14 Tuition Breaking Stocks

blues,

My estimates of CNO's EPS are now $0.85

I'd be all sold out of this position at a P/E of 15. That's $12.75

Further, in the current economic climate, I'd be all sold out at $8 --- taking advantage of other opportunities.

I'm going to start selling around $6.

Hope this helps,

Glen


On Apr 11 07:02 PM Just singing the blues wrote:

> Glen,
>
> Great stuff, as usual --- thanks.
>
> Mffais show that Morgan Stanley bought 636,500 shares.
>
> With this type of news, do you think CNO will likely run closer to
> $6.80 or $13.60?

14 Tuition Breaking Stocks

hoooon,

funky does not mean seasonal. a seasonal company is still a normal company. good news! it gives those that understand how to deseasonalize company returns an edge. good news --- i am one of those people with an edge. Further good news, I'm going through a bunch of stocks this weekend and i'm looking through yours. Here's what i think in short.

cnoa looks good --- just watch out for uncollectible recievables, in Q3 2008, pretty much all sales were in A/R. i'm watching this one and probably going to pick up some shares. i am not really worried about the a/r because they were mostly accumulated because well hey! Q3 is seasonal. this was a record breaking year. wooohoo! plus, the CEO said that Q4 is set to be another blockbuster as well. go figure. the stocks i mentioned in this article, unlike ors and cnoa, have good A/R and cash from operations. but CNOA looks great. ORS could easily be an issue. MCI in 1995 had a big issue that i think is possible at ORS essentially propagating escallations of committment throughout small backboneless subsidiaries. the issue is the CEO only bought 500K Shares when over the last year, insiders sold out 20,000K shares. see what i'm talking about?

chrn --- doesnt have any revenues.. yuck. not interested in gambling. they just stopped getting revenues. Brilliant!

check up on CYXN's outstanding shares and convertibles, my estimates were half of what they should have been, since i believe therea are twice as many shares outstanding

dont like wwon, ezen, awne, avna, apdn.

Also, Granger: I don't like TECH. Too expensive.

found this:
seekingalpha.com/artic...
meanwhile, I came across FEED, also looks like it should triple up to $7 at this point. just my opinion. but again, not as great a deal as cnoa.



On Apr 08 03:12 PM hooooon wrote:

> good article... glen, any insight on cnoa or chrn? both have numbers
> in line with nwd, although chrn has funky (seasonal?) books. other
> chinese lottery tickets i own and like: cyxn, ltus, ors (missed out
> on $1 spike), ghii. in the usa: wwon, ezen, awne, avna, apdn.
>
> also took glenns good advice on cno; that is my large cap, stable
> company.