UPDATE: Stifel Nicolaus Raises PT to $8 on O2Micro International Limited


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.


Stifel Nicolaus increases its price target from $7 to $8 on Buy-rated O2Micro International Limited (NASDAQ: OIIM) as data points suggest nice rebound in businessStifel Nicolaus notes, "Global display panel shipments for TVs, monitors, notebook PCs, netbooks, tablets are up month-over-month in February and March (after 2 consecutivequarters of weakness from inventory corrections mixed with soft end demand). Channel inventory replenishment cycle appears to be underway with strong, post-Chinese New Year growth in panel shipments and signs of notebook demand stabilization/rebound in the months of February and March."OIIM closed at $5.43 yesterday.

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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Posted In: Analyst ColorPrice TargetInitiationPre-Market OutlookAnalyst RatingsStifel Nicolaus