Piper Jaffray Raises Estimates On IPG Photonics


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.


According to Piper Jaffray, IPG Photonics (NASDAQ: IPGP) estimates are raised.Piper Jaffray said that it is adjusting estimates for both FY11 and FY12 as industrial laser material processing applications appear poised to return to near CY08's peak levels much faster than expected. “Our PT goes to $85 from $83, based on 28x (unchanged) our FY12 EPS of $3.02.”IPG Photonics closed on Friday at $75.25.

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.


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Posted In: Analyst ColorAnalyst RatingsElectronic Manufacturing ServicesInformation Technologyipg photonicsPiper Jaffray