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Congratulations @capitalismworld for Winning your TakeThisBet!

On December 30, 2013, we announced our first multi-player TakeThisBet! game with a cash prize of $500.  The game began on the close of trading on January 6, and ended on April 8.  The game was pretty successful, with over 80 players competing.  The race to the finish was quite competitive, we had almost 10% of our participants achieve 50% growth or better over a 3 month period.  Our grand prize winner, @CapitalismWorld, more than tripled the value of his $100 hypothetical investment over the short 3 month game term! 

Let's take a closer look at how he did it.  @CapitalismWorld joined the game with a pick of $TGCDF, Teranga Gold.  He had this to say about the choice:

"$TGCDF Teranga Gold:   $300M mkt cap gold producer in Senegal. 250,000 oz/yr production lowest quartile  cost .  New financing (streaming deal) by Franco Nevada in late 2013. Expanding the mine footprint."

$TGCDF was a great choice, and in less than a month, his hypothetical $100 investment had gone up 60%, to $160.  On February 1, he swapped this position for $SYCRF.  In his words, he liked $SYCRF because:

"Syncora mortgage insurer suing for R&W against several banks.  $125M mkt cap almost went BK against sub prime mortgage claims and is now settling, Recently settled with JPM  for $400 million ($7/share) to settle lawsuits brought by bond insurer Syncora Guarantee Inc over toxic mortgage-backed securities, according to the insurer.  Statements had “going concern” warning which is now removed…more settlements coming likely. Complicated share structure typical of insurers.  Similar story to $MBI and $AGO."

He was clearly right on $SYCRF as well because in just a little more than 2 months, this position doubled from a value of $160 to $320.

We have created a new competition with $4000 in total prizes, for which you have until May 28 to sign-up. Sign-up now! @capitalismworld has already chosen $NOA to start the game. You might want to check it out. He said this about $NOA:

NORTH AMERICAN ENERGY PARTNERS INC. is one of the largest providers of heavy construction, mining, and piling services in Western Canada  initiating first dividend and redeeming preferred so cash flow is ramping up.

Congratulations to @CapitalismWorld for a well-deserved win and some great short-term investing opportunities.  Congratulations also to all the other participants.

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Written by Jennifer Galperin.  Follow me on Twitter and StockTwits. 

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