Migao Posts Q4 Loss

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.

Migao (OTC: MIGGF) reported a loss in the fourth quarter. Migao projects to pay an annual cash dividend of around 6 Canadian cents a share.Migao posted a quarterly net loss of C$1.0 million ($981,300), or 2 Canadian cents a basic share, versus a year-ago profit of C$8.8 million, or 17 Canadian cents a basic share. Excluding charges, the company earned 5 Canadian cents a basic share.Its sales surged 18% to C$138.8 million.

20-Year Pro Trader Reveals His "MoneyLine"

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