May 15, 2013 9:44 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 Wednesday, Credit Suisse analyst Julian Mitchell downgraded the rating on Gardner Denver (NYSE: GDI) from Outperform to Underperform, but slightly raised the price target from $75.00 to $76.00.In the report, Mitchell noted, “We now rate GDI as Underperform (from Outperform). Given that the acquisition by KKR appears to be on track, and it is unlikely that a bidding war develops, we believe an Underperform rating is now more appropriate. Our price target moves to the offer price of $76 per share (from $75). We are revising our 2013/2014/2015 EPS estimates to $5.90/$5.42/$5.96 (from $5.53/$5.67/$6.20) respectively.”Gardner Denver closed on Tuesday at $75.17.
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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