Jo, re: Wowjoint - there are certainly fundamental reasons to justify the common heading north of $10, in a China smallcap bull market, and there are stock-related reasons for it to go higher than that (e.g. low float, nice story, other legacy stocks doing it (CAGC, AUTC, etc.))...so the potential is there, but who knows...it could just as easily go down to $5.
The warrants should prove to be worthwhile in the bullish scenario...strike = $5
Solid DD combined with timeliness and conviction is a recipe for profits.