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Any comments on how I played this hand? Was calling down the right move?
Button is very loose agressive. At this point my read on the CO is that he's a solid, tight player.
Party Poker 0.5/1 Hold'em (10 handed)
converter
Preflop: Hero is SB with T[img]/images/graemlins/heart.gif[/img], T[img]/images/graemlins/club.gif[/img].
<font color="#666666">
6 folds</font>, CO calls, <font color="#CC3333">Button raises</font>, Hero calls, <font color="#666666">
1 fold</font>, CO calls.
Flop: (7 SB) A[img]/images/graemlins/heart.gif[/img], 8[img]/images/graemlins/heart.gif[/img], 7[img]/images/graemlins/diamond.gif[/img] <font color="#0000FF">(3 players)</font>
<font color="#CC3333">Hero bets</font>, CO calls, <font color="#CC3333">Button raises</font>, Hero calls, CO calls.
Turn: (6.50 BB) 4[img]/images/graemlins/club.gif[/img] <font color="#0000FF">(3 players)</font>
Hero checks, CO checks, <font color="#CC3333">Button bets</font>, Hero calls, CO calls.
River: (9.50 BB) A[img]/images/graemlins/club.gif[/img] <font color="#0000FF">(3 players)</font>
Hero checks, CO checks, <font color="#CC3333">Button bets</font>, Hero calls, CO calls.
Final Pot: 12.50 BB
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Preflop I would reraise, then lead the flop as you did. Now if you get raised, you can safely assume you are beaten, especially with CO along. If you did get raised, I would call the raise and check fold the turn UI.
Your read on the CO seems a little suspect to me, only because a solid player is probably going to raise PF in this situation if he has a hand worth limping with. The only caveat is he might have been limping with a big pocket pair to keep you and button along.