February 22, 2013 8:26 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.
Dahlman Rose upgraded Alamos Gold (NYSE: AGI) from Market Perform to Outperform with a $21.00 price target. Dahlman Rose noted, "Adjusted EPS missed expectations slightly due to higher-than-expected G&A and depreciation. However, operating metrics were pre-released and no changes have been made to the company's 2013 guidance. With forward operating expectations remaining intact, BMO Research views the slight earnings miss as neutral to the stock. … At current levels, Alamos is trading at a discount to its peers and has a return to target of 53%. Given Alamos' low cash cost profile and free cash flow generating ability, BMO Research expects the stock to trade at a premium to its peer group."Alamos Gold closed at $13.40 on Thursday.
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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