Pinnacle's Stock Challenge
August 31, 2010
Do you think you know which stock will show the highest return next month? Enter Pinnacle Digest's Monthly Stock Challenge. This is an opportunity for our members to display their ability to pick "winners" in the market on a monthly basis. We begin a new challenge at the beginning of every month and accept the first 150 entrees.
To Enter: Send an email to support@pinnacledigest.com with your username, hometown and the stock you believe will show the highest return for the selected month (ticker and exchange must be included). Subject should read "Stock Challenge."
Click here to read May's Stock Challenge Summary Report
5 Rules of the Stock Challenge - be sure to read before entering
FINAL TOP 10 RESULTS FOR AUGUST'S STOCK CHALLENGE
Congratulations Chiro on your 3rd Stock Challenge Title!
| Name | Location | Stock Symbol | %Gain | |
|---|---|---|---|---|
| 1 | Chiro | Courtenay, BC | MTX:TSXV | 51.00 |
| 2 | Dscaron | Kelowna, BC | GXM:TSXV | 44.00 |
| 3 | Bahtbuilder | Regina, SK | OGC:TSX | 28.00 |
| 4 | Auhoar | Vancouver | PMA:TSXV |
21.00 |
| 5 | Jerry-Oh |
Regin, SK | FNDME:OTC | 20.00 |
| 6 | Jackrabbit4 | Kilgore, TX |
MDHI:OTCBB |
19.09 |
| 7 | Mountaineer78 |
Hendersonville, TN |
CPV:TSXV |
17.24 |
| 8 | Stoneball | St. Marys, ON | GNH:TSXV | 13.00 |
| 9 | Ripantuck | Falls Church, VA |
URZ:AMEX |
2.50 |
| 10 | Lloyd | Edmonton, AB | SRM:TSXV | 0.00 |
REPUTATION BUILDER: All past Stock Challenge winners have a "Stock Star" badge attached to their profile picture and are permanently placed on the Stock Star wall to the right.
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Re: Pinnacle's Stock Challenge
ED MINNEMA
Congrats Chiro, we r now both tied with 3, lets get number 4 this month, you our me, doesnt matter
Re: Pinnacle's Stock Challenge
Spoke too soon bahtbuilder and congrats to chiro wherever you are.
Re: Pinnacle's Stock Challenge
August’s Stock Challenge concluded Tuesday and it was never really as close as the final score. By the end of week 2 Pinnacle member Tracy_rice lost the lead to Chiro, a veteran and previous champ of the Stock Challenge. Chiro cruised to victory after taking over the lead by picking Metalex Ventures (MTX:TSXV) which returned 51% for the month of August; one heck of a return in a rather dismal month for the market.
By claiming the victory, this puts Chiro, from Courtenay BC, into elite status as it marked the long-time Pinnacle members’ third Stock Challenge victory. This feet is only shared by one other member of the Pinnacle community, Edminnema, who needs no introduction.
Dscaron, of Kelowna BC, made a game of it in the final week by finishing with a 44% return after picking Geodex Minerals (GXM:TSXV). However, even a down week for Metalex wasn’t enough to give Dscaron the win against Chiro.
Congratulations on your 3rd Stock Challenge victory Chiro. We’d like to welcome you to the club, but we’ve already done that before!
About Metalex Ventures
Metalex Ventures’ principle business activity is the acquisition, exploration and development of mineral properties and it has a skilled management team with an established track record in this area.
The Company’s principal projects in Canada are its “Ring of Fire”, Attawapiskat, Kyle Lake, and Wawa projects in Ontario and James Bay Lowlands project in western Quebec. Its overseas projects are located in Angola, Greenland, Mali and Morocco.
The Company’s long-term growth strategy is to generate substantial capital growth by developing kimberlite hosted diamond deposits at Kyle Lake, Angola, Wawa and other areas.
August was a brutal month for the markets and the overall returns by our members in the challenge reflected that at -10.73%. This marks one of the worst average overall return in the history of our competition.
Here’s to bouncing back in September!
All the best with your investments,
The Pinnacle Team
Statistics for August’s Stock Challenge:
Highest Return: 51.00%
Lowest Return: -82.00%
Average Return: 10.73%
NTG Clarity profitable again in Q2, trading at pennies
NTG Clarity: profitable again in Q2, plenty of backlog & many bids in progress
Investors are taking notice, as fall season ramps up and coverage from QIS Capital is starting to work its way through the grapevines.
• Profitable in 18 of the past 22 quarters
• Working capital increased at 2.1M$ ( +.083$/share)
• Book value increased to 2M$ (+.08$/share)
• 2010 Q2 EPS = +.004$/share (+105k);
• Trailing 12 months EPS is +.025$/share (+626k)
• Market cap is about 3M$,
• Long term debt continues to reduce, now only 253k
• No lawsuits that I’m aware of
• A share buyback is in place, with QIS Capital hired as IR
• Expenses are well under control with reasonable salaries
With summer vacation drawing to an end, the company continues to work on further advanced-stage contracts which should be released in the near future, as the usually promising fall contract season is just around the corner.
P.S. The above is simply my personal understanding and not to be construed as investment advice. I’m not a broker, promoter, director, manager or employee of the aforementioned company, just a shareholder. Do your own due diligence.
Re: Pinnacle's Stock Challenge
Medical Alarm Concepts Holdings Inc.----MDHI----Just about time to start watching what this company is doing."High as a KITE!!!"
Re: Pinnacle's Stock Challenge
Medical Alarm Concepts Holdings Inc.----MDHI----Just about time to start watching what this company is doing."High as a KITE!!!"
Re: Pinnacle's Stock Challenge
There is no liquidity in the penny stocks anymore. One big buy or sell can swing percentage gains by 20 or 30%.
Re: Pinnacle's Stock Challenge
That might be wishful thinking bahtbuilder but good for you for being optimistic. Oceanagold has a long long way to go still. Needs to get way past $4 to even have a shot.
Re: Pinnacle's Stock Challenge
One more week till I get that stock star. Breaking out of the channel and is becoming very powerful upon revaluation.
Re: Pinnacle's Stock Challenge
MDHI is alive and WELL---Competitors' are shorting but at some date soon, LOOK OUT, Mr. Ed. Have SWRY too.