Triumph Group Announces Public Offering of 5M Shares


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.


Triumph Group, Inc. (NYSE: TGI) today announced a public offering of its common stock. The size of the offering is 5,000,000 shares of common stock offered by investment funds and other entities associated with The Carlyle Group. Upon completion of the offering, investment funds associated with The Carlyle Group will own approximately 9.5% of the common stock of Triumph Group. The offering is expected to close and settle on November 14, 2011. The company will not receive any of the proceeds from the offering of shares by the selling stockholders.

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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Posted In: NewsOfferings