Stocks Hitting 52-Week Lows


27% profits every 20 days?

This is what Nic Chahine averages with his options 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.


EnteroMedics Inc (NASDAQ: ETRM) shares touched a new 52-week low of $0.423. Roth Capital Partners downgraded EnteroMedics from Buy to Neutral. Restoration Hardware Holdings Inc (NYSE: RH) shares fell 19.82 percent to touch a new 52-week low of $28.92 as the company reported weaker-than-expected earnings for the first quarter and lowered its full-year forecast. Deutsche Bank downgraded Restoration Hardware from Buy to Hold and lowered the price target from $50.00 to $35.00. Walter Investment Management Corp (NYSE: WAC) shares reached a new 52-week low of $3.965. Walter Investment Management announced the resignation of its CEO Denmar J. Dixon and named George M. Awad as executive chairman and interim CEO. WL Ross Holding Corp (NASDAQ: WLRH) shares touched a new 52-week low of $9.49. WL Ross reported that it has completed the acquisition of Nexeo Solutions.

27% profits every 20 days?

This is what Nic Chahine averages with his options 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: NewsMovers & ShakersIntraday UpdateMarkets52 Week Lows52-Week Lows