Standard Parking Says Marcum Won't be CEO, Will Leave Company


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.


Standard Parking Corporation(Nasdaq: STAN), one of the nation's leading providers of parking management,ground transportation and other ancillary services, today announced that JamesMarcum, the current Chief Executive Officer of Central Parking, will not serveas Chief Operating Officer of Standard Parking following the expected closingof the previously-announced merger of the two companies. While StandardParking and Mr. Marcum were unable to reach agreement on the terms of theChief Operating Officer role, Mr. Marcum will remain an active member of theexecutive-level integration planning committee for as long as is determined tobe ideal for the combined company, and for at least three months in allevents, in order to facilitate a smooth and effective post-closing integrationof the two companies.

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: NewsManagement