Convertible Bond Stocks List

Recent Signals

Date Stock Signal Type
2019-10-17 BCV NR7 Range Contraction
2019-10-17 BCV Fell Below 50 DMA Bearish
2019-10-17 BCV Bearish Engulfing Bearish
2019-10-17 BCV Non-ADX 1,2,3,4 Bearish Bearish Swing Setup
2019-10-17 BCV Narrow Range Bar Range Contraction
2019-10-17 CGO Cup with Handle Other
2019-10-17 CGO Non-ADX 1,2,3,4 Bearish Bearish Swing Setup
2019-10-17 CWB MACD Bullish Centerline Cross Bullish
2019-10-17 CWB Cup with Handle Other
2019-10-17 CWB Narrow Range Bar Range Contraction
2019-10-17 CWB NR7 Range Contraction
2019-10-17 DEX Fell Below 20 DMA Bearish
2019-10-17 DEX MACD Bearish Signal Line Cross Bearish
2019-10-17 DEX 200 DMA Support Bullish
2019-10-17 DEX Fell Below 50 DMA Bearish
2019-10-17 ECF Non-ADX 1,2,3,4 Bearish Bearish Swing Setup
2019-10-17 ECF Stochastic Reached Overbought Strength
2019-10-17 ECF NR7-2 Range Contraction
2019-10-17 ECF NR7 Range Contraction
2019-10-17 ECF 50 DMA Resistance Bearish
2019-10-17 FCVT Stochastic Sell Signal Bearish
2019-10-17 FCVT 50 DMA Support Bullish
2019-10-17 FCVT MACD Bullish Centerline Cross Bullish
2019-10-17 IAGG Pocket Pivot Bullish Swing Setup
2019-10-17 JPS 20 DMA Support Bullish
2019-10-17 JPS Bollinger Band Squeeze Range Contraction
2019-10-17 JPS Non-ADX 1,2,3,4 Bullish Bullish Swing Setup
2019-10-17 JTA MACD Bullish Centerline Cross Bullish

In finance, a convertible bond or convertible note or convertible debt (or a convertible debenture if it has a maturity of greater than 10 years) is a type of bond that the holder can convert into a specified number of shares of common stock in the issuing company or cash of equal value. It is a hybrid security with debt- and equity-like features. It originated in the mid-19th century, and was used by early speculators such as Jacob Little and Daniel Drew to counter market cornering.Convertible bonds are most often issued by companies with a low credit rating and high growth potential. Convertible bonds are also considered debt security because the companies agree to give fixed or floating interest rate as they do in common bonds for the funds of investor. To compensate for having additional value through the option to convert the bond to stock, a convertible bond typically has a coupon rate lower than that of similar, non-convertible debt. The investor receives the potential upside of conversion into equity while protecting downside with cash flow from the coupon payments and the return of principal upon maturity. These properties lead naturally to the idea of convertible arbitrage, where a long position in the convertible bond is balanced by a short position in the underlying equity.
From the issuer's perspective, the key benefit of raising money by selling convertible bonds is a reduced cash interest payment. The advantage for companies of issuing convertible bonds is that, if the bonds are converted to stocks, companies' debt vanishes. However, in exchange for the benefit of reduced interest payments, the value of shareholder's equity is reduced due to the stock dilution expected when bondholders convert their bonds into new shares.
Convertible notes are also a frequent vehicle for seed investing in startup companies, as a form of debt that converts to equity in a future investing round. It is a hybrid investment vehicle, which carries the (limited) protection of debt at the start, but shares in the upside as equity if the startup is successful, while avoiding the necessity of valuing the company at too early a stage.

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