Morning Market Losers


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.


PowerSecure International (NYSE: POWR) shares fell 61.02% to $7.25 after the company reported a Q1 loss of $0.17 per share on revenue of $52.80 million.Millennial Media (NYSE: MM) dipped 35.33% to $3.46 after the company reported a Q1 loss of $0.12 per share on revenue of $72.60 million. Morgan Stanley downgraded Millennial Media from Equal-weight to Underweight.Liquidity Services (NASDAQ: LQDT) tumbled 23.12% to $13.31 after the company reported downbeat Q2 results and issued a weak outlook.Gulfport Energy (NASDAQ: GPOR) shares fell 17.94% to $59.94 after the company reported weaker-than-expected first-quarter results. Career Education (NASDAQ: CECO) dipped 16.05% to $5.62 after the company reported a Q1 loss of $0.71 per share on revenue of $243.10 million.Boulder Brands (NASDAQ: BDBD) shares fell 14.49% to $12.55 on Q1 results.NPS Pharmaceuticals (NASDAQ: NPSP) declined 12.06% to $23.78 after the company reported a Q1 loss of $0.06 per share on revenue of $44.0 million. AMC Networks (NASDAQ: AMCX) tumbled 11.65% to $57.89 on weaker-than-expected Q1 earnings.Tesla Motors (NASDAQ: TSLA) shares declined 7.98% to $185.29 after the company posted a first-quarter loss of $0.40 per share, versus a year-ago profit of $0.10 per share. The company also reported downbeat quarterly revenue.Biota Pharmaceuticals (NASDAQ: BOTA) declined 6.79% to $3.02 after the company provided an update on BARDA contract for laninamivir octanoate. Biomedical Advanced Research and Development Authority terminated its contract for the development of laninamivir octanoate.NICE Systems (NASDAQ: NICE) dipped 6.70% to $39.11 after the company reported downbeat Q1 earnings and lowered its 2014 outlook. Melco Crown Entertainment (NASDAQ: MPEL) slipped 3.99% to $32.52 after the company reported Q1 earnings of $0.44 per share on revenue of $1.36 billion.Windstream Holdings (NASDAQ: WIN) declined 2.53% to $8.87 on weaker-than-expected Q1 earnings.

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.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: NewsMovers & ShakersIntraday UpdateMarketsInformation TechnologyInternet Software & Servicesmarket losersTop Losers