Right A certificate that evidences a shareholder's privilege to buy additional shares of new securities in proportion to the number of shares already owned. A company, when raising more funds by issuing new securities, may issue rights to its shareholders to give them the chance to buy additional shares before the general public. Because rights usually allow the stockholder to buy below the current market price, they ordinarily have a value of their own and are actively traded.
Most rights are valid for a relatively short period.
Failure to exercise or sell rights may result in monetary loss. Warrant Rising Bottoms A chart pattern that shows a rising trend in the low prices of a security. This signifies that the security's support levels are increasing. If rising bottoms are combined with ascending tops, a technical analyst would call the pattern bullish. The chance that invested capital will drop in value can be caused by many factors including, inflation, interest rates, default, politics, liquidity, call provisions, etc.