Sterne Agee Raises Estimates and Increases EPS Guidance for Destination Maternity Corp.


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.


Sterne Agee accounts for Destination Maternity Corp.'s (NASDAQ: DEST) Q2 Retail Comps exceeding previous expectations.According to Sterne Agee, “DEST reported Q2 retail comps up 3.2%, above our +0.5% estimate and Retail Metrics consensus at +0.8%. Excluding unusual calendar factors, comps were up about 0.7%. This was only DEST's second positive comp in the past 3.5 years.”Sterne Agee reported a Neutral rating for DEST with the market closing Friday at $20.

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.


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Posted In: Analyst ColorReiterationAnalyst RatingsSterne Agee