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.
BEIJING and LOS ANGELES, Aug. 5 /PRNewswire Asia-FirstCall/ -- AmericanDairy, Inc. (NYSE: ADY; "American Dairy" or the "Company"), one of the leadingproducers and distributors of premium infant formula, milk powder and soybean,rice and walnut products in China, today announced that it plans to releasesecond quarter 2010 financial results on Monday, August 9, 2010, before themarket opens.
The Company will also hold a conference call on August 9, 2010 at 9:00 amEastern Standard Time to discuss its second quarter results. Listeners mayaccess the call by dialing the following numbers:
United States toll free: 1-888-455-2265 Hong Kong toll free: 800-901-111 Northern China toll free: 10-800-714-1202 Southern China toll free: 10-800-140-1181 International: 1-719-325-2199 The replay will be accessible through August 16, 2010 by dialing thefollowing numbers: United States toll free: 1-888-203-1112 International: 1-719-457-0820 Password: 9050942
A webcast of the conference call will be available through the InvestorRelations section of the Company's website at http://www.americandairyinc.com .
About American Dairy, Inc.
American Dairy, Inc. (NYSE: ADY) is one of the leading producers anddistributors of premium infant formula, milk powder, and soybean, rice andwalnut products in the People's Republic of China. American Dairy conductsoperations in China through its wholly owned subsidiary, Feihe Dairy, andother subsidiaries. Founded in 1962, Feihe Dairy is headquartered in Beijing,China, and has processing and distribution facilities in Kedong, Qiqihaer,Baiquan, Gannan, Longjiang, Shanxi, and Langfang. Using proprietary processingtechniques, American Dairy makes products that are specially formulated forparticular ages, dietary needs and health concerns. American Dairy has over200 company-owned milk collection stations, two dairy farms, seven productionfacilities with an aggregate milk powder production capacity of approximately1,250 tons per day and an extensive distribution network that reaches over95,000 retail outlets throughout China. For more information about AmericanDairy, please visit http://www.americandairyinc.com .
Cautionary Note Regarding Forward-Looking Statements
This document contains forward-looking information about the Company'soperating results and business prospects that involve substantial risks anduncertainties. Statements that are not purely historical are forward-lookingstatements within the meaning of Section 21E of the Securities Exchange Act of1934, as amended, and Section 27A of the Securities Act of 1933, as amended.These statements include, but are not limited to, statements about theCompany's plans, objectives, expectations, strategies, intentions or othercharacterizations of future events or circumstances and are generallyidentified by the words "may," "expects," "anticipates," "intends," "plans,""believes," "seeks," "estimates," "targets," "could," "would," and similarexpressions. Because these forward-looking statements are subject to a numberof risks and uncertainties, the Company's actual results could differmaterially from those expressed or implied by these forward-looking statements.Factors that could cause or contribute to such differences include, but arenot limited to, those discussed under the heading "Risk Factors" in theCompany's annual report on Form 10-K for the fiscal year ended December 31,2009 and in other reports filed with the United States Securities and ExchangeCommission and available at http://www.sec.gov . The Company assumes noobligation to update any such forward-looking statements.
For more information, please contact: In the U.S.: Email: ir@americandairyinc.com In China: May Shen Tel: +86-10-8457-4688 x8810 Email: shenchunmei@americandairyinc.com
SOURCE American Dairy, Inc.
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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