I was just reading another post... http://hotcopper.com.au/post_threadview.asp?fid=2&tid=1873701&msgno=406140#406140
Which had a link to http://www.businessspectator.com.au/bs.nsf/Article/Stock-market-Elders-bull-market-bear-market-Cokal-pd20121101-ZM7QJ?OpenDocument&src=sph&src=rot
I find it interesting that many people look at who is posting on HC and what the charts say, but the reality in long term wealth development is different. The art is finding great stocks and holding onto them IMHO..
So then you look at what makes a great stock... - Great management - Great business/ projects - In growth market - low business risk.
Now if you look at what CNO has you can make a long term guess.. On the info so far I reckon it is a long termer..
Sure you can trade stocks for a bit of fun, but you will spend a lot of money on fees and not get to hold on for the multi baggers, of which CNO has a pretty good show of being. Work hard or work smart.. All IMHO etc...
CNO Price at posting:
25.5¢ Sentiment: Buy Disclosure: Held