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.
Coty Inc (NYSE:COTY) shares are trading lower by 3.5% to $11.38 Tuesday morning after the company announced it filed for a shelf offering.
Per Coty, the offering of 33 million shares will be made to the public in the United States and on a private placement basis outside of the United States.
The company says it intends to use the net proceeds from the offering primarily to retire principal amount of outstanding debt.
Other uses include general corporate purposes, such as strategic investments in its business, working capital and capital expenditures.
According to data from Benzinga Pro, COTY has a 52-week high of $13.46 and a 52-week low of $6.19.
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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