Stifel Nicolaus Downgrades Goodrich Petroleum To Hold


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.


Analysts at Stifel Nicolaus downgraded Goodrich Petroleum (NYSE: GDP) from Buy to Hold and removed the price target of $17.00.Goodrich Petroleum shares have dropped 63.13% over the past 52 weeks, while the S&P 500 index has surged 11.64% in the same period.Goodrich Petroleum's shares fell 0.84% to close at $9.44 on Friday.

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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Posted In: DowngradesAnalyst RatingsStifel Nicolaus