27% profit every 20 days?
This is what Nic Chahine averages with his option 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.
Manitoulin Group, one of Canada's largest transportation and logistics firms, has expanded its reach in the U.S. with Miami-based freight-forwarder Demark Global Logistics.
Ontario-based Manitoulin purchased Demark for an undisclosed sum through its freight-forwarding arm Manitoulin Global Forwarding (MGF).
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
"Demark is a valuable addition to MGF given its strategic locations in the U.S., which enhances our ability to service all parts of the United States," Manitoulin Group CEO Gord Smith said in a statement on October 7.
Family owned Demark offers a variety of logistics services including freight forwarding, customs brokerage and warehousing. It has a second location in New Jersey.
"We are confident that our customers will be in excellent hands with MGF and will experience a seamless transition," Demark president and CEO Mirna Ramirez said in a statement.
The Demark acquisition occurred less than a year after Manitoulin Global purchased its first U.S. firm in November 2018, Houston-based N/J International.
Manitoulin expanded its Canadian logistics business in May with the purchase of Trident Freight Logistics in British Columbia.
Based near Toronto, Manitoulin has more than 1,000 power units and operates extensively across Canada and the United States.
Image Sourced from PIxabay
27% profit every 20 days?
This is what Nic Chahine averages with his option 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.