UPDATE: J.P. Morgan Raising Price Target on AsiaInfo-Linkage - Matthews International Funds Matthews Pacific Tiger Active ETF (ARCA:ASIA)

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.

J.P. Morgan Chase & Co. is out with a research report on AsiaInfo-Linkage Inc. (NASDAQ: ASIA) and is raising its price target to $26 from $24, but is keeping its Overweight rating on shares.In a note to clients, J.P. Morgan Chase & Co. writes, "ASIA has sound fundamentals and a defensive growth profile. It is trading at 2.4std below mean for P/B, 2.5std below for adj. P/E and 2.1std below for GAAP EPS. We reiterate OW and recommend the stock to both long-term investors as well as investors looking for beta plays."Shares of ASIA are up 35 cents today to $8.40, a gain of 4.35%.

27% profit every 20 days?

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