The TSX Venture Composite has had 20 straight years of making large gains during the Final 5 Trading Days of each calendar year. The worst year was 2011 when the TSX Venture Composite only gained by 3.12% during the Final 5 Trading Days of the year. The best year was 2008 when the TSX Venture Composite gained by 15.17% during the Final 5 Trading Days of the year.
On average, the TSX Venture Composite has gained by 5.9% during the Final 5 Trading Days of each of the last 20 years!
To put this into perspective, a weekly gain of 5.9% on an annualized basis is equal to a full year gain of 1,870.56%! No other stock exchange index in the world averages a gain of anywhere close to 5.9% during the very same week of every single year!
Typically, the highest quality TSXV companies gain many times more than the TSX Venture Composite during the Final 5 Trading Days of the year!
Most likely, North Peak Resources (TSXV: NPR) will breakout to well above $2 per share BEFORE the Final 5 Trading Days of the year, but during the Final 5 Trading Days of the year we could easily see NPR gain by 30%-40% if not more because there is no higher quality TSXV company than NPR at this time.
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA's President has purchased 200,000 shares of NPR in the open market. This message is meant for informational and educational purposes only and does not provide investment advice.