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.
- Vishay Intertechnology, Inc (NYSE:VSH), a manufacturer of discrete semiconductors and passive electronic components, scooped MaxPower Semiconductor, Inc on October 28.
- The purchase price included cash consideration of $50.0 million and contingent payments of up to $57.5 million, payable upon achieving certain technology milestones.
- Vishay will incorporate MaxPower into its MOSFETs reportable segment.
- MaxPower is a San Jose, California-based fabless power semiconductor provider.
- With a substantial IP portfolio of over 100 patents, MaxPower's proprietary device structures and process techniques provide leading-edge silicon and SiC MOSFET products. Its SiC product development includes trench and planar technologies from 650V to 1,700V, targeting automotive and industrial applications.
- "MaxPower's team of world-renowned power semiconductor experts brings extensive experience in R&D, design, and application of power devices, and we look forward to working with the team to develop product offerings that will serve fast-growing markets such as electric vehicles and enhance our leadership in MOSFETs," said Dr. Gerald Paul, President, and Chief Executive Officer.
- Vishay held $855.8 million in cash and equivalents and generated $117.5 million in operating cash flow as of July 3.
- Price Action: VSH shares are down by 1.30% at $20.82 on the last check Monday.
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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