January 31, 2012 10:00 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.
W. R. Grace & Co. (NYSE: GRA) today announced that the U.S. District Court for the District of Delaware has denied all objections and confirmed Grace's Plan of Reorganization in its entirety. The Bankruptcy Court decision approving the Joint Plan was issued on January 31, 2011. Grace filed for Chapter 11 protection on April 2, 2001. “This is another necessary step in emerging from Chapter 11,” said Fred Festa, Chairman and CEO. “Two Federal courts have now ruled that our Joint Plan is fair to all parties.” The Joint Plan establishes two asbestos trusts to compensate personal injury claimants and property owners. Funds for the trusts will come from a variety of sources including cash, warrants to purchase Grace common stock, deferred payment obligations, insurance proceeds and payments from certain third parties. The trusts' assets and operations are designed to cover all current and future asbestos claims.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.