With just 3 trading days left, member ‘Brice‘ continues to maintain first-place in the June 2019 Stock Challenge. However second-place member ‘avispa‘ isn’t letting him off the hook—in fact, there’s only 0.30% separating the two! Last but not least is member ‘Rainendown‘ who, boasting an average return of 40.0%, is still perfectly capable of taking home first-place…
Will avispa manage to be crowned Stock Challenge Champion two times in a row? It remains to be seen; avispa’s first pick, Rafarma Pharmaceeuticals Inc. (OTCQB: RAFA) is up an astounding 102.7% for the month, but his second pick Integrated Ventures Inc. (OTCQB: INTV) is down 10.79%. If avispa is to become a back-to-back Stock Challenge Champ, then Integrated Ventures will have to pick up the slack—and fast!
June 24, 2019 Stock Breakouts and Breakdowns
The biggest breakout of the day once again goes to NetCents Technology Inc. (CSE: NC) (FSE: 26N) (OTCQB: NTTCF), a transactional hub for all cryptocurrency payments. NetCents jumped 20.63% today from $0.65 to $0.76 on volume of approximately 104,394. The company provided a growth strategy update earlier this month, detailing its merchant direct sales strategy, amongst other things.
Meanwhile, today’s biggest breakdown of the day goes to Gainey Capital Corp. (TSXV: GNC) (OTC PINK: GNYPF), a gold and silver exploration, development and ore processing company that lost 13.64% to fall from $0.10 to $0.095. Just days ago, Gainey announced the advancement of its upcoming drilling program at its Las Margaritas gold project in Durango, Mexico.
Via Yahoo Finance,
“As previously announced on April 10, 2019, Gainey has been approved by the Mexican Environmental Agency (SEMARNAT) to drill up to 32 drill targets on the property [Las Margaritas gold project]. In this initial phase, Gainey will drill at least 16 drill targets in approximately 2190 meters . . . This drill program has been designed by Gainey’s highly experienced exploration team to focus on the best mineralization exposed on surface, where assays have returned up to 73.7 g/t gold (see Gainey news release dated March 19, 2019). Gold mineralization at Las Margaritas is typical of a low sulphidation epithermal system, as is common throughout this prolific geologic belt known as the Sierra Madre Occidental.”
It’s been a wild ride so far in this month’s stock challenge, and we can’t wait to see how it all turns out… if you haven’t already, be sure to sign up for next month’s challenge here. Who knows, you could be the next Stock Challenge Champion!