International Consolidated Airlines Swings To Q1 Profit

by Benzinga Staff
May 6, 2011 3:21 AM | 23 seconds 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.

International Consolidated Airlines Group SA (OTC: ICAGY) swung to a Q1 profit from a year-ago loss.The company posted a net profit of 33 million euros ($48 million), versus a net loss of 243 million euros, in the year-earlier period. The company's total revenue increased 15% to 3.64 billion euros. The company's operating loss dropped to 102 million euros from 238 million euros.ICAGY shares gained 1.42% to close at $20.01 yesterday.Read more from Benzinga's Company news.

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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