October 16, 2013 10:10 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, Stifel analyst John Guinee downgraded the rating on
Lexington Realty Trust (NYSE: LXP) from Buy to Hold, and removed the $14.00 price target.In the report, Stifel noted, “We are downgrading Lexington Property Trust to Hold on the heels of 1) a recently announced $302mm ground lease investment and a 10% dividend increase, 2) followed by a very successful equity offering where 11.5mm shares were sold, netting LXP roughly $126.3mm, 3) which resulted in LXP trading up to close at $11.46/sh; a 4.0% increase in the last week vs the RMZ up 3.3%. LXP now trades at full valuation metrics relative to the office/industrial REITs we cover and Realty Income (O, Hold, $40.85), National Retail Properties (NNN, Buy, $32.45) and EPR Properties (EPR, Hold, $48.89) covered by our colleague Simon Yarmak.”Lexington Realty Trust closed on Tuesday at $11.46.
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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