September 24, 2010 9:00 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.
BB&T Capital Markets has published a research report following the Analyst Day for Flowers Foods, Inc. (NYSE: FLO) and as a result has lowered estimates for FLO's 3Q.BB&T writes: "We have reduced our Q3 estimate to $0.34 from $0.36 (consensus is currently $0.38) and have raised our Q4 to $0.40 from $0.38. Our full year 2010 estimate remains $1.55. We have raised our FY'11 estimate to $1.72 from $1.70 due to the new business wins and higher pricing, which we expect to offset higher input costs for the full year."BB&T maintains its Buy rating and $28 price target.Flowers Foods, Inc. closed yesterday at $24.60.
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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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