UPDATE: Global Hunter Securities Upgrades Excel Maritime Carriers to Neutral Ahead of Q2 Report

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.

Global Hunter Securities raised its rating on Excel Maritime Carriers (NYSE: EXM) from Reduce to Neutral ahead of the earnings release for the second quarter. Global Hunter Securities said, "We initiated coverage of EXM back on May 22 with a Reduce rating. The stock has fallen 78% since the beginning of 2Q:12. Although we expect the stock could have further downside pressure from here as management looks to issue the $30 million in required equity by the end of 2012, we suggest investors wait on the sidelines."Excel Maritime Carriers closed at $0.42 on Friday.

27% profits every 20 days?

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