UPDATE: Stifel Nicolaus Downgrades RealD to Hold on Declining Conversion Rates

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 reduced its rating on RealD (NYSE: RLD) from Buy to Hold and removed its price target of $16. Stifel Nicolaus commented, "We are downgrading our rating on RealD from Buy to Hold and establishing a current fair value of $10.00. The premises for the downgrade is not so much weaker than expected 1Q13 earnings but rather structural issues which we believe will reduce the royalty/box office conversion rates in the domestic market, an issue which we do not see abating. With no meaningful 3D movies until December, we see limited near-term catalysts even with the company now embarking on a stock buy back."RealD closed at $12.60 on Monday.

27% profits every 20 days?

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