1. All on hold waiting for a tax plan announcement
    Dismiss Notice
  2. Good Weds Am. Gold is down 1 to 1266, while Silver is down 2 to 1757 after a late collapse yesterday. Crude is down 15 to 4941. The USD is up 31 to 9896.
    Dismiss Notice
  3. Week of 4/22/2017 Closing prices & Chg Over Last Wk---- Gold $1289.10-- UP 0.60 Silver $17.85-- down 66 Oil $49.62-- down 3.80 USD $99.88 -- down 58

How to Buy Shares and Stock Warrants On Canadian Companies?

Discussion in 'PM Trading/Stocks/Technical Analysis' started by Scorpio, Feb 2, 2017.



  1. Scorpio

    Scorpio Скорпион Founding Member Board Elder Site Mgr Site Supporter ++

    Joined:
    Mar 25, 2010
    Messages:
    23,134
    Likes Received:
    24,063
    Trophy Points:
    113
    How to Buy Shares and Stock Warrants On Canadian Companies?
    Dudley Baker
    Posted Feb 2, 2017

    Most of the readers here are interested in the resource sector which includes the junior mining companies as well as oil and gas companies.

    My opinion is that we will see a very positive tone for the next few years for gold, silver and copper and look for substantially higher prices with many great opportunities for investors.

    Since most of these resource companies are Canadian companies the issue for some investors is 'how to buy the Canadian shares or perhaps the stock warrants on Canadian companies?"

    Also, I frequently receive emails asking if the traditional brokerage firms will trade the warrants?

    Allow me to clarify this situation for all investors:

    Canadian Citizens

    You are probably asking what is the big deal?

    Canadians can easily purchase the shares and stock warrants trading on Canadian companies through their brokers, no problems here.

    U.S. Citizens

    Most of the Canadian shares and about 60% of the stock warrants trading on the Canadian companies have been assigned U.S. symbols which facilitates the trading in the U.S.

    Most Canadian companies frankly do not really care if their stock warrants trade and it is up to a U.S. market maker to establish a market (not the company) and assign a symbol for trading.

    The stock warrants on the Canadian companies are not and will not be registered in the United States, however, this is not a problem. Investors are encouraged to only trade/invest in the warrants with no intent of ever exercising them.

    Brokers in the U.S. can easily trade those warrants or shares which have been assigned a U.S. symbol, a 5 alpha symbol ending in F for foreign.

    The issue then becomes, ‘what about the other 40% of the warrants without a U.S. symbol’?

    This is where your brokerage firm comes into to play.

    The reference below of specific brokerage firms is not meant to be a recommendation, thereof, but merely to clarify and assist investors.

    Some firms like Interactive Brokers allow for trading virtually worldwide and the orders for the Canadian stock warrants can be easily entered online.

    PennTrade is now back in business and using RBC as their clearing firm thus allowing U.S. investors the ability to purchase the Canadian shares and stock warrants.

    Fidelity Investments offers the ability to trade Canadian warrants through their international platform if you meet those requirements.

    Other firms, TD Ameritrade, Scottrade and others may be more problematic. It is my understanding that if you provide your broker with the cusip number (which we provide in our databases) for the stock warrant, they ‘may be’ able to do the trade for you, but no guarantees.

    I am constantly looking for other brokerage firms which will allow for trading in the Canadian stock warrants, at reasonable commissions.

    Each investor must make the decision as to whether it may be necessary to open a new brokerage account in order to be able to easily purchase any of the Canadian warrants. In my opinion, if necessary for you, it will be well worth the time and effort so that you have the opportunity to trade the warrants which cost on average, less than half of the price of the common shares and offer substantially higher returns of over 2:1.

    Visit our website for more information.

    ###

    Dudley Baker
    Jan 31, 2017
    Guadalajara/Ajijic, Mexico
    email: support@CommonStockWarrants.com
    website: www.CommonStockWarrants.com

    Disclosure: Neither Dudley Pierce Baker nor CommonStockWarrants.com is an investment advisor and any reference to specific securities does not constitute a recommendation thereof. CommonStockWarrants.com is an online newsletter providing complete details on all stock warrants trading in the United States and Canada. The information and opinions expressed should not be construed as a solicitation to buy any securities mentioned in this service.

    321gold Ltd

    http://www.321gold.com/editorials/baker/baker020217.html
     
    Goldhedge and Hystckndle like this.
  2. southfork

    southfork Mother Lode Found Mother Lode

    Joined:
    Mar 31, 2010
    Messages:
    12,790
    Likes Received:
    9,943
    Trophy Points:
    113
    Back in the day knew several stock promoters well, they traveled back and forth to Vancouver, it's the pump and dump capitol of the world, be very wary of buying Canadian stocks.
     
    Hystckndle likes this.
  3. Hystckndle

    Hystckndle Daguerreotype Fanatic Site Mgr Site Supporter ++

    Joined:
    Mar 28, 2010
    Messages:
    4,873
    Likes Received:
    3,612
    Trophy Points:
    113
    Occupation:
    Slave, but a little less every day
    Location:
    Central Florida
    Fork knows what he is talking about.
    Very speculative.
    Got that T shirt...and a tatoo along with it.
    Ride up was good.
    Down was so fast a blink and you are done.
    I still get Bakers emails.
    Check out the prices for his services.
    Past Gim 1 member,
    SilverNutsandBolts was a master at warrants.
    Silver Streak here was also awesome.
    Back later, on the road and headed home soon,
    Hystck
     
  4. Zed

    Zed Size doesn't count! Midas Member

    Joined:
    Mar 30, 2010
    Messages:
    10,731
    Likes Received:
    8,533
    Trophy Points:
    113
    Gender:
    Male
    Occupation:
    Nuclear Technician
    Location:
    Springfield
    ... well, small cap Canadian mining stocks are a shark pit but I'd not go as far as to condemn all Canadian stocks.

    Interactive Brokers will give you access to half the world @ reasonable cost with a good platform.

    DYODD etc...
     
    Hystckndle and nowon like this.

Share This Page