FireEye Turned Away Takeover Offers


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.


Bloomberg reported that FireEye Inc (NASDAQ: FEYE) enlisted the help of Morgan Stanley to field takeover bids.

FireEye turned down offers from two suitors, seeing them as too far below their expected $30 per share, which represents an 87 percent premium to its closing price Wednesday.

The sale process is said to be over, after talks with all potential suitors, which to have included Symantec  Corporation (NASDAQ: SYMC), never went anywhere.

FireEye shares spiked as high as $16.61 Wednesday, but pulled back to close at $16.05, up 4 percent for the day.


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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