The story behind member ‘uniword‘s victory is one social network stock: AtmanCo.
Social Network Stock AtmanCo Tops Venture Stocks in May
AtmanCo (ATW: TSXV) finished April at $0.13 per share, before rising to a high of $0.29 on May 25th. The company did big volume that day, trading 2.9 million shares. It has since collapsed to a low of $0.18, but finished the month of May of $0.20 per share. With a market cap of just $13 million, these are precisely the type of deals capable of making big swings. Despite the pull-back in AtmanCo’s shares uniword finished with a 44% return. One of AtmanCo’s web platforms is Quebec Rencontres. The mobile social network application is catered to building serious and sustainable relationships.
We featured AtmanCo in a May 25th article titled AtmanCo | Rising Social Media Star on TSX Venture. Below is a short excerpt:
“On May 25th, AtmanCo announced revenue growth of $2.5 million for Q1 2017.
“Highlights:
For its first quarter of 2017, the Company announced revenues of $2,727k compared to revenues of $246k for its first quarter of 2016, a year-over-year increase of $2,481k.
For its first quarter of 2017, Company’s revenues increased by $133k or 5% while compared to previous quarter ending December 31, 2016.
As of March 31, 2017, the Company’s order book totalled $8.9m compared to $0.8m on March 31, 2016, a year-over-year increase of $8.1m.”
Click here to read the entire press release.
The explosive increase in revenue was the key milestone for May that pushed AtmanCo to a level that gave uniword a clear path to victory.
“Long-time Pinnacle member ‘uniword’ selected AtmanCo for May’s Stock Challenge. uniword’s return soared by 20.59% Thursday; the move pushed him into 1st place with a 59.39% return on the month.”
To read more about AtmanCo, click here. This is likely not last we will see of AtmanCo, a leading social network stock on the TSX Venture.
Joey Walmsley Helpless as uniword Takes May Stock Challenge
Member ‘Joey Walmsley’ thought for sure this was his month. For days and days the long-time participant sat atop all Challengers in May. Yet, it was not to be. Walmsley fell from grace in the final week of trading, eventually settling in third with a solid 34.40% return. One day your number will come up Joey… keep pushing! Walmsley been awarded the People’s Champ award for his efforts.
The People’s Champ is a selective award associated with Pinnacle’s Stock Challenge; given to the participant who failed to win, but nonetheless made a name for himself. It comes with no prizes and unfortunately, no glory.
Member ‘ziggytheberner’ came in second place with a 39.09% return. Nice going! As is often the case, long-time members and past Stock Challenge Champs made up the Top 10. Member ‘coachbob’ came in fourth with a 30.32% return. Past Stock Challenge Champs, ‘Geopick’ and ‘shypitka’ also finished in the Top 10, in 7th and 9th respectively.
Our champion receives the winner’s only Pinnacle Package – which includes the finest of garments fit for a champion: The Stock Challenge Champ Hoodie and a Pinnacle Digest dri-fit golf shirt (for those afternoons on the links). Wear them with pride uniword!
Member uniword will also receive a Northwest Territorial Mint 10 ounce Silver Bar.
Congratulations to our new champion and welcome to the Stock Stars Hall of Fame! We look forward to watching you compete in future contests!
Good luck to everyone in June’s Stock Challenge, which begins tomorrow.
May’s Stock Challenge Statistics:
Challengers: 247
Highest Return: 44%
Lowest Return: – 39.18%
Average Return: 1.49%
Previous Champs in the Top Twenty: 5
