Imperial Capital Increases Estimates on Black Diamond

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 a recent research report, Imperial Capital Is increasing its estimates on Black Diamond Inc. (NASDAQ: BDE), while maintaining its $9 PT.In the report, Imperial Capital explained, “We are increasing our pro forma Q4, 2011, and 2012 EPS estimates by $0.05, $0.04, and $0.02 to $0.01, $0.10 and $0.04, respectively, reflecting better than expected gross margins in the fourth quarter. Our GAAP EPS estimates are $0.20 for 2011 and $0.04 for 2012. Our 2011 and 2012 adjusted EBITDA estimates are $13.4mn and $11.1mn, respectively.”Black Diamond is currently trading at $8.11.

27% profit every 20 days?

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