Chicago Rivet & Machine Co. Announces First Quarter Results of Operations


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.


NAPERVILLE, Ill., May 5, 2016 /PRNewswire/ -- Chicago Rivet & Machine Co. (NYSE MKT, symbol: CVR) today announced results for the first quarter of 2016 as summarized below:

CHICAGO RIVET & MACHINE CO.

Summary of Consolidated Results of Operations

For the Three Months Ended March 31


2016

2015

Net sales

$9,596,395

$9,283,791

Income before income taxes

983,057

678,473

Net income

647,057

462,473

Net income per common share

.67

.48

Average common shares outstanding

966,132

966,132

 

(All figures subject to year-end audit)

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/chicago-rivet--machine-co-announces-first-quarter-results-of-operations-300263382.html

SOURCE Chicago Rivet & Machine Co.


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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