September 15, 2010 2:00 PM | 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.
Savient Pharmaceuticals Inc (NASDAQ: SVNT) shares moved up 28.66% to $18.99 at 12:43 pm. The volume of SVNT shares traded was 3100% higher than normal. Savient's drug, Krystexxa, for gout treatment, got approval from the US Food and Drug Administration. Tower Group Inc (NASDAQ: TWGP) shares rose 5.66% to $22.78. The volume of TWGP shares traded was 2706% higher than normal. TWGP has announced the pricing of $135 million private offering of 5% Convertible Senior Notes due 2014.Yahoo! Inc (NASDAQ: YHOO) shares climbed 4.55% to $14.25. The volume of YHOO shares traded was 489% higher than normal. Yahoo has refused to sell its 39% stake in the Alibaba Group.Volcano Corporation (NASDAQ: VOLC) shares gained 2.28% to $23.78. The volume of VOLC shares traded was 362% higher than normal. VOLC has announced the pricing of $100 million 2.875% convertible senior notes due 2015.Read more
from Benzinga's Company news.
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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