Pinnacle Activity Ticker
October's Stock Challenge Concludes Leaving One Question
October’s Stock Challenge has come to an end and closed the chapter on one era of this highly competitive game. October marks the last month Pinnacle’s Stock Challenge used the 1 stock selection format as it has now evolved into a 2 stock selection format - only accepting stocks which trade at or above $.05. It will now require a lot more strategy as well as an increase in the number of contestants (500).
Without further adieu, let’s recap what went down in October’s Challenge...
Right out of the gates, Pinnacle member Clavis took the lead in the Stock Challenge and never looked back, leading from the first week on. Clavis, from Cornwall, won October’s Stock Challenge by selecting a tiny, unknown gold company, Pacific Gold Corp (PCFG:OTCPK) which increased an impressive 147%. It was the perfect month to pick a gold company given that the precious metal hit yet another all-time high over the last 30 days.
Pacific Gold Corp. had a news filled month which certainly helped aid in Clavis’ victory. The company released three significant PR’s during the month of October.
CLAYMAN, from The Republic Of The Congo, a previous Stock Challenge champ, made a game out of it but came up short in the end. CLAYMAN selected Golden Reign Resources (GRR:TSXV) which increased a handsome 112% in October. Golden Reign is also a gold company engaged in exploring the San Albino-Murra Property located in Nueva Segovia, Nicaragua. Notice a trend here? Got Gold?
Scoby13, from Oakville Ontario, rounded out the top three by selecting Canalaska Uranium Ltd (CVV:TSXV) which increased 35% in October. Good enough to provide a healthy ROI, but not enough to compete in the Stock Challenge...
You still have 2 days to get your picks in for November’s Stock Challenge which begins on Monday. Please visit your profile page and click on the button that reads “Submit your entry for next month's Stock Challenge now!” to enter. It’s going to be very interesting to see who comes out on top with our new format. No more relying on one stock to carry you through...
All the best with your investments,
The Pinnacle Team
Statistics for October’s Stock Challenge:
Highest Return: 147.00% (above average)
Lowest Return: -54.00% (above average)
Average Return: 4.53% (above average)