Microcap Movers for Tuesday December 6, 2011


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.


Below are highlights from Benzinga's daily coverage of microcap securities. Benzinga provides comprehensive, objective, and conflict-free coverage of the microcap sector in real-time at BenzingaSmallCap.com.RIT TechnologiesShares of RIT Technologies (NASDAQ: RITT), the Tel Aviv, network management company, rose 38% Tuesday on 42 times the average daily volume. The company announced today that it has appointed Peter Leonard, a Johannesburg-based IT industry professional, to become its Country Sales Manager of South Africa. Mr. Leonard will be mandated with further developing RiT's business in South Africa, a region whose rapid uptake of IT technologies makes it a land of opportunity for RiT's industry-leading solutions.RIT also announced a deal with Vodafone Ghana, already in place.RIT Technologies traded in a range of $3.46 to $5.00 Tuesday, closing at $4.47.DHT HoldingsDHT Holdings (NYSE: DHT), the Channel Islands-based crude-oil tanker owner and operator, rose 26% today on 4.5 times the average daily volume.There was no news reported in DHT today. The stock currently pays a 15% dividend.Shares of DHT Holdings traded in a range of $0.83 to $1.06 on Tuesday and closed at the high of the day.Peregrine PharmaceuticalsShares of Peregrine Pharmaceuticals (NYSE: PPHM) the Tustin, CA clinical-stage biopharmaceutical company, rose 21% Tuesday on 15 times the average daily volume.Peregrine Pharmaceuticals announced preliminary results from a randomized Phase II trial showing a 50% improvement in overall tumor response rates in non-small cell lung cancer patients. Patients treated with bavituximab plus carboplatin and paclitaxel currently demonstrate an ORR of 39%, versus 26% in patients treated with carboplatin and paclitaxel alone.Peregrine traded in a range of $1.20 to $1.53 Tuesday, and closed at $1.21.To get information like this on a streaming basis during the trading day, try a 100% free trial to BenzingaSmallCap.com.

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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