• Same story, different day...........year ie more of the same fiat floods the world
  • There are no markets
  • "Spreading the ideas of freedom loving people on matters regarding high finance, politics, constructionist Constitution, and mental masturbation of all types"

How to Buy Shares and Stock Warrants On Canadian Companies?

Scorpio

Скорпион
Founding Member
Board Elder
Site Mgr
Sr Site Supporter
Joined
Mar 25, 2010
Messages
24,876
Likes
28,130
#1
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
 

southfork

Site Supporter
Site Supporter
Mother Lode
Joined
Mar 31, 2010
Messages
14,713
Likes
13,049
#2
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

Daguerreotype Fanatic
Site Mgr
Sr Site Supporter
Joined
Mar 28, 2010
Messages
5,993
Likes
6,061
Location
Central Florida
#3
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
 

Zed

Size doesn't count!
Midas Member
Joined
Mar 30, 2010
Messages
11,654
Likes
9,060
Location
Springfield
#4
... 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...