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.
- Compass Diversified Holdings (NYSE:CODI) has agreed to sell its majority-owned subsidiary, Liberty Safe Holding Corporation, the parent company of Liberty Safe and Security Products, Inc., to an affiliate of Monomoy Capital Partners ("Monomoy"), for approximately $147.5 million in cash.
- CODI expects to realize a gain of approximately $75 million to $85 million. Net proceeds are to be used for general corporate purposes and fund the previously announced special distribution of $0.88 per share.
- The transaction is expected to close by the end of August 2021.
- Price action: CODI shares closed at $24.50 on Friday.
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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