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.
- Tremor International Ltd (NASDAQ:TRMR) attracted several inquiries from prospective bidders.
- Tremor's board had asked bankers at Goldman Sachs to review its options and evaluate a fair price for a formal offer, Sky News reports.
- The update comes a year after the withdrawal of a 900p-a-share takeover offer by a U.S. buyout firm amid market uncertainty prompted by Russia's invasion of Ukraine.
- Both strategic and financial bidders approached Tremor, which provides digital advertising solutions to clients like Amazon.Com Inc (NASDAQ: AMZN) and Walt Disney Co (NYSE: DIS).
- Tremor failed to satisfy investors due to its weak share price performance, which forced it to withdraw pay-related resolutions at its most recent AGM. The shares have more than halved during the last 12 months.
- In March, Tremor reported fourth-quarter revenue growth of 5% year-on-year to $107.7 million, beating the consensus of $105.8 million.
- Non-IFRS EPS of $0.15 missed the consensus of $0.37.
- Price Action: TRMR shares traded higher by 10.30% at $6.29 on the last check Tuesday.
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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