May 2, 2011 12:07 PM | 1 min read
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Wunderlich Securities published a research report reiterating Buy rating on share and increased price target on the Bank of the Ozark (NASDAQ: OZRK) up $7.00 from $50.00 to $57.00 after the company's recent FDIC-assisted acquisitions completed on April 29.Wunderlich Securities reported that, “With these two acquisitions, OZRK expands further in Georgia and Florida, increasing deposits by over 35% in a low-risk, highly accretive manner. With a strong management team, abundant capital, and credit quality that remains among the strongest in our research universe, we believe that current levels continue to understate the inherent value of OZRK's shares.”Share of Bank of the Ozarks (OZRK) are trading at $46.32 today, gaining $1.79 or 4.02%
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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