5 Warrants to Buy Now
Something I’ve learned over the years in the equity markets is to build on your investing strategies. In other words, just because you come across a new strategy, doesn’t mean you abandon everything else you’ve learned, and wear blinders while experimenting with the new strategy.
There are a few schools of thought on Wall Street that are often at loggerheads, a classic example being charting versus fundamental analysis.
Using two forms of analysis that have worked well for me over the years, candlestick charting and warrant valuation versus the common stock, I’ve found 5 warrants you can buy right now (and a few bonus warrants for the more adventurous) that have good prospects going forward.
- Dynegy, Inc. (DYNWS) – Great stock chart in the common. The warrant has several more years before expiration. I’d sell common calls against the warrant to bring down my cost.
- Kinder Morgan, Inc. (KMIWS) – Another one with several years left on the warrant. The warrant is out-of-the-money, but has a low price and the cost basis can easily be brought down by selling calls on the common.
- Northwest Biotherapeutics, Inc. (NWBOW) – This warrant has been over $5 several times in the last 4 months. You could buy this here, in the $3.80 range, and just leave an order out to sell it at $5. The underlying looks to have pulled back to support from a charting perspective. Several years until expiration on the warrant.
- Intercloud Systems, Inc. (ICLDW) – Intercloud looks to have bottomed and these warrants look cheap from a valuation perspective. A guy I traded with on Wall Street had something he’d love to say after a stock had run, and he didn’t have any. He “wished he had a few of those in his pocket.” You can put a few of these in your pocket right now at a good price.
- Vringo, Inc. (VRNGW) – These have a much shorter time frame until expiration and I regard this one as more speculative. Still, looks like you can pick up VRNGW at $1.05 and flip it out at $1.15 a few times before the expiration next year. For those who want to trade a little more.
BONUS
Here are a few others that are a little more of a long shot, but look like they have some great potential.
Chanticleer Holdings, Inc. (HOTRW) – This one is out-of-the-money but looks very cheap given the time until expiration and the stock chart which looks to be bottoming. Definitely worth a shot as a lottery ticket!
RiceBran Technologies (RIBTW) – In the $1.40 range, this one could very easily pop back up to $2.00. If I bought it I’d have a standing sell order in place at $1.99 (never use a whole number as your trading number). Could easily be a short term 30% win.
You can find the full terms for all of these warrants here.