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.
- GuideWell Mutual Holding Corporation, parent of Blue Cross and Blue Shield of Florida Inc, will acquire Triple-S Management Corp (NYSE:GTS) for an equity value of approximately $900 million.
- The offer price of $36.00 per share in cash represents a premium of 49% to yesterday's closing price of $24.19.
- The offer price also represents a premium of approximately 49% to Triple-S Management's 90-day volume-weighted average trading price.
- Upon completion of the transaction, Triple-S Management will become a subsidiary of GuideWell. It will continue to operate under the Triple-S Management brand, led by its current management team.
- The transaction is expected to close in the first half of 2022.
- In total, GuideWell companies serve more than 45 million people in 45 states. Triple-S Management serves more than 1 million consumers in Puerto Rico.
- Price Action: GTS shares are up 43.86% at $34.80 during the premarket session on the last check Tuesday.
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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!