Gabelli On BLC 1Q Results


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Gabelli & Company has issued a report regarding the 1Q11 results from Belo Corporation (NYSE: BLC).According to the report, "Revenues of $151.5 mil, compared with $154.3 mil... EPS ex-items of $0.09 vs. $0.13, and exclude $20.5 mil ($0.13 ps after tax) charge related to split of pension plan with AH Belo."BLC has a Buy Rating and closed at $8.47 yesterday.

27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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