March 12, 2017
Bank of America WS B and Gold Consolidation
Good Sunday Morning,
I frequently talk about of the resource sector in my writings and my weekly audios, however, there is another world of warrants trading in all of the other sectors.
Some of my subscribers are only interested in the non-resource shares and stock warrants and there are many opportunities, from banking, pharmaceuticals, bio-techs, restaurants, etc.
Today before I discuss the resource markets, let’s take a look at the amazing rise in the price of the shares of Bank of America but more specifically the rise in the price of the WS.B in just a few months.
With the election of Donald Trump as President and the view or likelihood of the relaxation of banking rules and regulations, the shares shot up from a recent low of $12.05 to a high last week of $25.80, a gain of 114%.
However, the real action has been in the WS.B trading on the NYSE, going from a low of $0.0626 to $1.55, a potential gain of 2,376%.
The leverage was and continues to be amazing with the WS.B outperforming the shares by a leverage of 20.8 to 1.
My Message?
Don’t overlook the other markets where monster gains can also be made with warrants.
Resource Sector:
The consolidation continues as gold and silver hit recent lows are Friday morning before
coming back slightly to close up on the day at $1204.50 (up $3.70), $17.02 (up .07), respectively.
There is a slight chance that on a technical basis a low was put in on Friday morning but we will need more time for all of us to know for sure. Patience is the key word.
My preference is to ‘play this game’ with the junior mining shares and/or stock warrants.
Let me assist you with finding these opportunities and increasing your gains as I am on a roll with some monster gains over the last few months, yes 1,000%, and 2,000% PLUS gains.
Remember that only 25% or so of my personal portfolio is in stock warrants, the balance are common shares in the junior mining companies and I am on the hunt for new additions to my portfolio.
There are many interesting opportunities in stocks as well as the stock warrants available today, so if you not a current subscriber, LET’S GET YOU STARTED NOW.
The next several years, 2017 – 2020 will see some exciting times in the PM sector and I am looking to make a fortune. Do you want to follow me?
Let’s have some fun and make money together.
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From the shores of Lake Chapala, Jalisco, Mexico
Dudley Pierce Baker
Founder-Editor
http://CommonStockWarrants.com
http://JuniorMiningNews.com