Morning Market Losers - Biostar Pharmaceuticals (OTC:BSPM)

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.

Echo Therapeutics (NASDAQ: ECTE) dropped 16.95% to $2.9401 after the company filed to offer 3.23 million units.Krispy Kreme Doughnuts (NYSE: KKD) dropped 16.37% to $20.53 after the company issued downbeat forecast for fiscal 2015.Kingtone Wirelessinfo Solution Holding (NASDAQ: KONE) dropped 14.69% to $2.09. Kingtone Wirelessinfo Solution's trailing-twelve-month ROE is -21.60%.Biostar Pharmaceuticals (NASDAQ: BSPM) plummeted 10.40% to $2.24. Biostar Pharmaceuticals shares have jumped 111.86% over the past 52 weeks, while the S&P 500 index has gained 27.99% in the same period.

27% profit every 20 days?

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