Subaye, Inc. Jumps 10% (SBAY)


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.


Shares of Subaye, Inc. (NASDAQ: SBAY) are jumping higher this morning, currently up by 10.08%, trading at $7.10. The company announced a FY 2010 adjusted EBITDA increase of 53.9% this morning, sparking this rally. The company also backed their FY 2011 EPS and revenue guidance of $3.12 per share on $71.3 million. Stock volume has already surpassed 3.4x the 10-day daily average. Subaye, Inc., formerly MyStarU.com, Inc., together with its subsidiaries, is a video advertising and entertainment media provider in China. Subaye's platform includes production, upload, storage, sharing and publishing onto more than 33 main video sharing portal websites.

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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Posted In: Small Cap AnalysisMovers