February 4, 2013 10:45 AM | 1 min 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.
In a report published Monday, J.P. Morgan reiterated its Neutral rating on Acme Packet (NASDAQ: APKT), and raised its price target from $16.00 to $22.00.J.P. Morgan noted, “We believe that weak Enterprise spending increases risk for Q1'13 guidance. For Q4'12 we expect in-line results as strong wireline capex numbers from Verizon are offset slightly by AT&T's cautious comments on weaker fixed investments. Indications on VoLTE spending are expected to remain foggy until LTE capable handsets drop materially in price – we believe in late 2014/early 2015. We are forecasting Q4'12 revenue of $68.7M (Street = $68.7M). We forecast Gross Margin of 82%, Operating Margin of $12.6% (Street = 9%) and EPS of $0.08 (Street =$0.08). For Q1'13, we are modeling revenues of $69.5M and EPS of $0.09 (Street = $0.09). We reiterate our Neutral rating.”Acme Packet closed on Friday at $23.93.
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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