December 14, 2011 9:13 AM | 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.
On December 14, 2011 Cheniere Energy, Inc (NYSE: LNG) announced today the pricing of its previously announced offering of 36,300,000 shares of its common stock at a price per share of $8.35. The underwriter will have a 30-day option to purchase up to an aggregate of 5,445,000 additional common shares from Cheniere to cover any over-allotments. The offering is expected to close and settle on December 19, 2011. The Company intends to use the net proceeds from the offering for general corporate purposes, including repayment of indebtedness.A shelf registration statement (including a prospectus) relating to the offering of the common stock has previously been filed with the U.S. Securities and Exchange Commission (the "Securities and Exchange Commission") and has become effective. Before investing, you should read the prospectus and other documents filed with the Securities and Exchange Commission for information about Cheniere and this offering.
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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