UPDATE: Stifel Nicolaus Raises PT to $47 on Liquidity Services


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.


Stifel Nicolaus raises its price target $4 to $47 on Buy-rated Liquidity Services (NASDAQ: LQDT) to reflect strong gross sales summary for February.Stifel Nicolaus says, "Liquidity Services gross sales summary (GSS) for the month of February totaled $71.5mn, up 61% y/y. Government Surplus at +15.5% y/y for the month was the weaker segment, but was more than offset by 28% and 108% growth atGovDeals and Commercial, respectively. The upside to GMV is in commercial retail, which is typically sold via the purchase model (the entire GMV is booked as revenue). Consequently, the company is likely to exceed consensus revenue expectations."LQDT closed at $43.42 a share yesterday.

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: Analyst ColorPrice TargetReiterationIntraday UpdateAnalyst RatingsInformation TechnologyInternet Software & ServicesStifel Nicolaus