Wunderlich Securities Increases Estimates On Whitestone REIT On Accretive Acquisition


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 Thursday, Wunderlich Securities analyst Merrill Ross reiterated a Buy rating and $17.50 price target 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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Whitestone REIT (NYSE: WSR).In the report, Wunderlich Securities noted, “Buy-rated Whitestone REIT (WSR) announced the purchase of a 90% leased Class A community shopping center in a suburb of San Antonio, TX. This acquisition is in line with the next leg of management's strategic plan, which will be less about acquiring vacancy than it is about increasing and optimizing revenues. We estimate overall occupancy in the WSR portfolio is more than 500 bps below potential (assuming retail, office/flex, and office occupancies of 94%, 92%, and 83%). Normalization would lead to a significant (+$0.15) increase in FFO Core per share relative to our FY14 estimate and more than $2 in NAV accretion. Given our belief in this ultimate outcome, we maintain our Buy rating and $17.50 price target.”Whitestone REIT closed on Wednesday at $13.94.
Posted In: Analyst ColorReiterationAnalyst RatingsMerrill RossWunderlich Securities