Which thing in particular do you have a problem with?
I assumed it would be easy to spot stuff at our solar system, a thing I assumed because all those guys complaining about stealth in soft scifi space battles.
Cloaking devices are sorta BS, but that misses the point that it's actually much harder to spot ships at a distance in space than sci-fi would lead you to believe. Basically, you don't need a cloaking device, you just need a non-reflective hull and to not emit too much EM radiation.
For this hypothesized planet it's around 200 AUs from the suns, so let's say we want to view it via reflected sunlight. Brightness is distance-squared however, so the sun's brightness out that far is 1/40000th of the light that hits us. It's bigger than Earth, so we can say the raw brightness of this object is around 1/10000th of Earth. But then we need to remember that we're also viewing this object from 200 AUs away (assuming that it's at it's closest point), so it would be 1/40000th as bright as something that was 1 AU away. The net effect would be an object that's literally millions of times fainter than viewing e.g. Mars. It'd be drowned out by interstellar bodies that actually emit light, such as stars and galaxies.
To detect something like that involves more than a little luck. An example is Sedna, a 1000km-wide rock (almost as big as pluto) which we detected in 2003 about 100 AUs from Earth. But it turns out that it was detected near it's nearest point to the sun, and it's orbit takes it almost 1000 AUs from the sun. It's orbital period is
11000 years. When you consider that this is just the one we got lucky and saw when it was close, it's likely that there are 100,000 Sednas out there - e.g. 100000 things the size of Pluto. A few bigger ones out there is almost a certainty.