Gainers
- DragonWave, Inc.(USA) (NASDAQ:DRWI) rose 43.5 percent to $1.65 in pre-market trading after the company announced distribution partnership with Ingram Micro Australia on Monday.
- Moneygram International Inc (NASDAQ:MGI) rose 22.5 percent to $15.51 in pre-market trading. Euronet Worldwide, Inc. (NASDAQ:EEFT) proposed to acquire Moneygram for $15.20 per share.
- EnteroMedics Inc (NASDAQ:ETRM) rose 21.7 percent to $7.36 in pre-market trading after the company disclosed that its vBloc Neurometabolic Therapy will be featured on 'The Doctors' TV show on March 14.
- Ruby Tuesday, Inc. (NYSE:RT) shares rose 15 percent to $2.00 in pre-market trading as the company disclosed that it is exploring strategic alternatives. The company reported preliminary Q3 sales of $225.7 million.
- Kingtone Wirelessinfo Solutions Hldg Ltd (NASDAQ:KONE) shares rose 10.2 percent to $3.58 in pre-market trading after declining 1.52 percent on Monday.
- Walter Investment Management Corp (NYSE:WAC) rose 9.3 percent to $2.95 in pre-market trading. Walter Investment Management posted a Q4 GAAP loss of $0.61 per share on revenue of $444 million.
- Golden Ocean Group Ltd (NASDAQ:GOGL) rose 7.1 percent to $7.30 in pre-market trading after gaining 0.44 percent on Monday.
- YY Inc (ADR) (NASDAQ:YY) rose 4.5 percent to $51.00 in pre-market trading after the company posted strong quarterly results.
- ARRIS International plc (NASDAQ:ARRS) rose 4.1 percent to $26.00 in pre-market trading. Goldman Sachs upgraded ARRIS International from Neutral to Buy and raised the price target from $29.00 to $32.00.
- Professional Diversity Network Inc (NASDAQ:IPDN) rose 3.5 percent to $10.90 in pre-market trading after gaining 1.06 percent on Monday.
- DSW Inc. (NYSE:DSW) shares rose 3.4 percent to $20.50 in pre-market trading after the company reported better-than-expected earnings for its fourth quarter.
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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Losers
- Valeant Pharmaceuticals Intl Inc (NYSE:VRX) shares fell 11.6 percent to $10.70 in pre-market trading. Bill Ackman sold his entire position of Valeant. Pershing Square, the activist investor's firm, has exited its 27.2 million share position at $11. Ackman will also step off the company's board.
- Anthera Pharmaceuticals Inc (NASDAQ:ANTH) shares fell 32.3 percent to $0.465 in the pre-market trading session. Anthera Pharmaceuticals reported a proposed public offering of common stock and warrants.
- Aurinia Pharmaceuticals Inc (NASDAQ:AUPH) fell 20.3 percent to $8.40 in pre-market trading as the company reported a public offering of common shares.
- Cerulean Pharma Inc (NASDAQ:CERU) shares fell 10.8 percent to $2.22 in pre-market trading after surging 63.82 percent on Monday.
- Kandi Technologies Group Inc (NASDAQ:KNDI) fell 10.3 percent to $3.90 in pre-market trading after gaining 2.35 percent on Monday.
- Symantec Corporation (NASDAQ:SYMC) fell 9.8 percent to $27.74 in pre-market trading after gaining 2.40 percent on Monday.
- 2U Inc (NASDAQ:TWOU) fell 9.8 percent to $34.61 in pre-market trading after slipping 0.36 percent on Monday.
- Lantheus Holdings Inc (NASDAQ:LNTH) fell 9.6 percent to $12.70 in pre-market trading. Lantheus reported a public secondary offering of 3,000,000 shares of common stock by selling stockholders.
- Pangaea Logistics Solutions Ltd (NASDAQ:PANL) dropped 6.2 percent to $3.20 in pre-market trading after rising 4.92 percent on Monday.
- BMC Stock Holdings Inc (NASDAQ:BMCH) fell 5.5 percent to $20.75 in pre-market trading. BMC Stock reported a secondary offering of 5.68 million.
- Royal Bank of Scotland Group PLC (NYSE:RBS) fell around 4.2 percent to $5.69 in pre-market trading after declining 1.16 percent on Monday.
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.