June 18, 2014 8:13 AM | 1 min read |
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.
In a report published Wednesday, Wunderlich Securities analyst Blake T. Harper initiated coverage on
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.
(NASDAQ: MEET) with a Buy rating and $4.50 price target.In the report, Wunderlich Securities noted, “We are initiating coverage of social networking platform MeetMe, Inc. (MEET) with a Buy rating and a $4.50 price target. We expect the company to increase the number of mobile active users, their monetization levels, and its FY15 revenues above the consensus through enhancements to its core app, its mobile advertising deals, and broader trends with younger people sharing content via mobile apps. The stock has an elevated risk profile given its user churn compared to other social platforms, but we believe that is reflected in the valuation and has more potential upside than downside from current levels. Our $4.50 target is based on our DCF analysis and is 3x EV/S based on our FY15 revenue estimate for 20% Y/Y growth.”MeetMe closed on Tuesday at $1.93.
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