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.
AOL, Inc (NYSE: AOL) fell more than 9 percent yesterday following an earnings report that did little to impress the market. In a note today, SunTrust analyst Bob Peck notes that current management has stabilized the company, but with flat top-line growth ex-TAC, there is not much to gain. He reiterates the Neutral rating.
Additionally, Peck lowers FY15 and FY16 revenues to $1.8 billion and $1.82 billion from $1.85 billion and $1.93 billion, respectively. This comes after management guided to a disappointing future.
SunTrust cuts its one-year price target to $42 from $44. In early Thursday trading, AOL is holding steady above $40 per share.
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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