Fellow Stock Challengers, please join us in congratulating member ‘Brice‘ as the June 2019 Stock Challenge Champion! After contending with seasoned veterans like ‘Rainendown‘ and past Stock Challenge Champion ‘avispa‘, Brice took home first place with an average return of 46.16%! We would also like to congratulate our second-place winner, Rainendown, and our third-place winner, member ‘allen‘, on their incredible performances.
To Brice, 10 ounces of silver, a Pinnacle Digest golf polo and the coveted Stock Challenge Champion hoodie: the official sign of a true Stock Challenge Champ! As for Rainendown, you can expect to receive your well-deserved 5 ounces of silver Pinnacle Digest golf polo shortly (we’re confident you’ll be taking home a Stock Challenge Champion hoodie sooner than later!). Last but not least is allen, who will receive a Pinnacle Digest golf polo—the perfect shirt for a day on the links. Congratulations again everyone!
June 2019 Stock Challenge Was One For The Books
What a month it was for Stock Challenge. Not only was it one of the closest races we’ve seen to date, but it was one of the most dynamic—week after week, the Top 3 underwent drastic changes.
At the beginning of the month, we saw Sirona Biochem Corp. (TSXV: SBM) (FSE: SBM) go on a tear after announcing that its anti-wrinkle program yielded excellent results.
Then, with trade tensions between China and the U.S. rising over rare-earth exports, we saw Canadian rare-earth metals companies like Medallion Resources Ltd. (TSXV: MDL) hit new 52-week highs.
Shortly afterwards, Beyond Meat Inc. (NASDAQ: BYND) took front and centre stage, skyrocketing approximately 700% post-IPO.
But, at the end of the day, gold was king. Buoyed by gold’s phenomenal bull run, Royal Nickel Corporation (TSX: RNX) combined with Brice’s other stock pick, Kraig Biocraft Labs Inc. (OTCQB: KBLB), to push him into first place. In a similar fashion, Canadian-focused intermediate gold mining company New Gold Inc. (TSX: NGD) (NYSE: NGD) catapulted allen into third place after rising 47.67% from 0.86 to 1.27 for the month.
Honorable Mention Of The June 2019 Stock Challenge
The honorable mention of this month’s Stock Challenge goes to member ‘Georgette Cooper‘, who despite finishing in sixth place, had a phenomenal performance for the month. Aided by Beyond Meat, Georgette Cooper managed to hold onto first place for a significant portion of this month’s contest. Keep an eye out for them in next month’s challenge… we think they’ll be worth watching!
And avispa, although you didn’t manage to become a back-to-back Stock Challenge Champ this month, we believe it’s only a matter of time. Keep up the great work!
We truly enjoyed watching all of your performances this month, and look forward to growing Stock Challenge—and the community behind it—for years to come.
All the best with your investments (in the July 2019 Stock Challenge),