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.
Notice is hereby given that a class action lawsuit is pending in the United States District Court for the Southern District of Indiana on behalf of Robert Collier, individually and on behalf of all other shareholders of BrightPoint, Inc. (“BrightPoint” or the “Company”) (NASDAQ: CELL), who held securities on or before July 2, 2012 and who continue holding the shares (the “Class Period”). The Class Action Complaint alleges that BrightPoint and certain of its officers and/or directors have violated Sections 14(a) and 20(a) of the Securities Exchange Act of 1934.
A copy of the Class Action Complaint filed in this action can be viewed on the firm's website at www.faruqilaw.com/CELL.
On July 2, 2012, BrightPoint and Ingram Micro Inc. (“Ingram”) (NYSE: IM) announced that they had entered into a definitive merger agreement (the “Merger Agreement”) pursuant to which Ingram would acquire BrightPoint. Under the terms of the Merger Agreement, BrightPoint stockholders will receive $9.00 in cash for each share of BrightPoint they own. On July 19, 2012, BrightPoint issued a preliminary Proxy Statement pursuant to Section 14(a) (the “Proxy”) to solicit BrightPoint shareholders' vote at the special meeting to be held. The Class Action Complaint alleges that the Proxy fails to disclose material information rendering plaintiff and other public shareholders of BrightPoint unable to cast an informed vote on the Merger Agreement at the upcoming shareholder meeting.
Plaintiff is represented by Faruqi & Faruqi, LLP, a law firm with extensive experience in prosecuting class actions, and in particular, actions involving corporate fraud and wrongdoing. Faruqi & Faruqi, LLP, was founded in 1995 and the firm maintains offices in New York City, Delaware, California, Florida and Pennsylvania.
You can request additional information concerning this action by visiting the firm's website: www.faruqilaw.com/CELL.
If you purchased BrightPoint securities during the Class Period, you may, no later than 60 days from August 13, 2012 move the court to serve as lead plaintiff of the putative class, if you so choose. In order to serve as lead plaintiff, however, you must meet certain legal requirements. If you wish to discuss this action, or have any questions concerning this notice or your rights or interests, please contact:
Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll Free: (877) 247-4292
Phone: (212) 983-9330
Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll Free: (877) 247-4292
Phone: (212) 983-9330
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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