Keefe, Bruyette & Woods Lowers Price Target On SeaBright $7.50


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 Keefe, Bruyette & Woods, SeaBright Holdings (NYSE: SBX) missed on an $0.83/share after tax reserve charge driven by deteriorating medical severity and longer claim duration trends.KBW said that, “We're lowering our '11 and'12 EPS estimates and we're lowering our TP to $7.50. We are maintaining the MP rating.”SeaBright closed yesterday at $8.63.

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 ColorPrice TargetAnalyst RatingsKeefe Bruyette & Woods