UPDATE: Pacific Crest Securities Reiterates On Perfect World Co. Ltd. Following Solid Q2 Results


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, Pacific Crest Securities analyst Cheng Cheng reiterated an Outperform rating 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.


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Perfect World Co. Ltd. (NASDAQ: PWRD), and raised the price target from $24.00 to $26.00.In the report, Pacific Crest Securities noted, “Q2 revenue of $149.6 million was slightly higher than our estimate of $147.0 million. Growth in Q2 was mainly driven by strength in key PC titles like Swordsman Online and DOTA2, along with continued strength in mobile titles. EPS of $0.52 was higher than our estimate of $0.48, but that was mainly driven by a lower effective tax rate in Q2. A reported tax rate of 6.2% versus our expectations of 17.5% led to an EPS benefit of $0.04.”Perfect World Co. Ltd. closed on Tuesday at $22.96.
Posted In: Analyst ColorPrice TargetAnalyst RatingsCheng ChengPacific Crest Securities