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.
T-Mobile US Inc (NASDAQ: TMUS) CEO John Legere's has never been shy expressing his opinions on Twitter. Whether that be spatting with presidential candidate Donald Trump or Sprint Corp (NYSE: S) CEO Marcelo Claure, Legere's tweets are not only confrontational at times, but extremely entertaining.
That didn't change today, as the brash CEO took to Twitter once again to lambaste Verizon Communications Inc. (NYSE: VZ)'s $5.5 billion acquisition of Go90. Go90 is Verizon's live streaming app for TV, sports and concerts, which is meant to compete with T-Mobile's Binge On streaming video.
To start, Legere tweeted: "Holy shit – I just did a little math. Guess how much @Verizon has already spent on acquiring companies to support @Go90!! Seriously, guess!"
He followed up the bait, "$5.52 BILLION!! Now another possible $XX billion for Yahoo?! All so @verizon can keep @Go90 in the #400ish download spot on iOS."
The CEO then asked his two million followers to give him their best ideas on how to spend $5.5 billion. Here are his top three choices:
- "2-quart crock-pots and all the ingredients to make chili for every single person in the USA" via @FNT_puck
- "A lot of air fresheners to cover the small of their shitty app" via @MarkStroot
- "552 millions tiny violins (with carrying case!) so we could play a sad tune for them" via @nathanroot
Image credit: Mike Mozart, Flickr
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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