UPDATE: Jefferies Raises PT on Amarin Corporation from $26 to $28

by Benzinga Staff
July 26, 2012 9:08 AM | 22 seconds 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.

Jefferies reiterated a Buy rating on Amarin Corporation (NASDAQ: AMRN) and increased its price target from $26 to $28.Jefferies commented, “AMRN announced that it had received an intention to grant letter for a European AMR101 patent application that covers the findings from the MARINE trial. We believe this issuance is an incremental positive for AMRN, as it means the potential for European market exclusivity into 2029.”Amarin closed at $14.58 on Wednesday.

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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