August 6, 2021

Get Irked - Investments in Play - August 6, 2021

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The Week’s Biggest Winner & Loser

Square (SQ)

Square (SQ) announced it would be spending nearly $30 billion to buy Australian’s Buy-Now-Pay-Later (BNPL) company, Afterpay, and, for some reason, Square’s price went up!

Typically, when a company announces it intends to acquire another company, the acquirer’s stock goes down and the acquired company’s stock goes up.

Square is so loved that BOTH companies’ stocks went up – SQ’s to the tune of +11.26% which landed it the spot of this Week’s Biggest Winner.

Take Two Interactive (TTWO)

Take Two Interactive (TTWO) reported a blowout earnings quarter, but when management got a little shy and forward guidance for the remainder of 2021, investors were not pleased.

As a result, Take Two lost a life and -8.72%, earning itself the spot of the Week’s Biggest Loser.

Portfolio Allocation

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Target Position Size

Get Irked - Investments in Play - Current Holdings - March 12, 2021et Irked's Pandemic Portfolio Holdings as of August 6, 2021

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Portfolio Breakdown

Get Irked - Year-to-Date Performance - Investments in Play vs. Speculation in Play - 2020 Year-to-Date Performance

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Year-to-Date Performance

Current Position Performance

Square (SQ)


1st Buy 8/5/2016 @ $11.10
Current Per-Share: (-$165.05)*

Logitech (LOGI)


1st Buy 11/11/2016 @ $24.20
Current Per-Share: $0.40

Apple (AAPL)


1st Buy 4/18/2013 @ $14.17
Current Per-Share: (-$44.94)*

Nvidia (NVDA)


1st Buy 9/6/2016 @ $15.77
Current Per-Share:  (-$15.50)*

Boeing (BA)


1st Buy 2/14/2012 @ $79.58
Current Per-Share: (-$261.81)*

Nike (NKE)


1st Buy 2/14/2012 @ $26.71
Current Per-Share: (-$24.66)*

Tesla (TSLA)


1st Buy 3/12/2020 @ $111.30
Current Per-Share: (-$102.03)*



1st Buy 7/26/2017 @ $167.29
Current Per-Share: (-$142.65)*

Take Two (TTWO)


1st Buy 10/9/2018 @ $128.40
Current Per-Share: $26.85

Canopy (CGC)


1st Buy 5/24/2018 @ $29.53
Current Per-Share: $3.20

Disney (DIS)


1st Buy 2/14/2012 @ $41.70
Current Per-Share: $8.15

Twilio (TWLO)


1st Buy 8/8/2019 @ $125.71
Current Per-Share: (-$16.25)*

Amazon (AMZN)


1st Buy 2/6/2018 @ $1,382.96
Current Per-Share: -($2249.40)*

Skyworks (SWKS)


1st Buy 1/31/2020 @ $113.60
Current Per-Share: $82.65

JP Morgan (JPM)


1st Buy 10/26/2017 @ $102.30
Current Per-Share: $71.60

Salesforce (CRM)


1st Buy 6/11/2018 @ $134.05
Current Per-Share: $115.20



1st Buy 11/6/2018 @ $120.87
Current Per-Share: $82.45

Dow (DOW)


1st Buy 5/13/2019 @ $53.18
Current Per-Share: $35.55

Berkshire (BRK.B)


1st Buy 8/2/2019 @ $199.96
Current Per-Share: $163.97

Coinbase (COIN)


1st Buy 4/14/2021 @ $412.47
Current Per-Share: $384.45

* Indicates a position where the capital investment was sold.
Profit % for * positions = Total Profit / Starting Capital Investment

** Indicates a position calculated based on initial investment due to extremely low per-share price (causes ridiculous “gains”)

A negative share price indicates the dollar amount of profit for each share currently held.

This Week’s Moves

Disney (DIS): Added to Position

I decided it was time to put some capital back into Disney when it pulled back to the low $170s on Tuesday with a purchase that filled at $173.06, a -14.76% discount from its all-time high of $203.02. The purchase gives my position a per-share cost of $8.15, a reduction of -80.54% from where I first bought it at $41.87 on February 14, 2012.

From here, I have no sell targets until much higher as I would prefer to wait for Disney to outgrow its allocation target before taking profits. My next buy target is $153.10.

DIS closed the week at $177.13, up +2.35% from where I added Tuesday.

IBM (IBM): Added to Position

IBM (IBM) reported an excellent quarter and was able to bounce from the high $130s back to the mid-$140s. I had been waiting for a more substantial pullback, but after consolidating for the past few weeks, I believe IBM may be headed higher, so I went ahead and pulled the trigger on Tuesday, adding some more to my position at $142.40.

The buy raises my per-share cost to $82.45, however, the overall position per-share cost is still -32.23% les than my first buy at $121.67 on November 6, 2018. Plus, with a dividend in excess of 4.5% and the upcoming spinoffs later this year, I feel IBM may have some true long-term potential.

All that being said, IBM still shares an allocation with its speculative brethren: Amazon (AMZN), Berkshire-Hathaway (BRK.B), Coinbase (COIN), Salesforce (CRM), and Twilio (TWLO). From here, I have no current sell targets and my next buy target is $118.40.

IBM closed the week at $144.09, up +1.87% from where I added Tuesday.

Logitech (LOGI): Added to Position

After reporting a blowout earnings report and still crashing afterward, I decided it was time to add some capital back into Logitech (LOGI) when it retested the sub-$110 level on Monday with a buy order that filled at $108.00.

The buy reinstated my capital position with an incredibly tiny $0.40 per-share cost and locked in a -22.95% discount from Logitech’s all-time high of $140.17. From here, my next buy target is $92.80 and my next sell target is around $170 where Logitech will exceed the target allocation for the portfolio.

LOGI closed the week at $107.38, down -0.57% from where I added Monday.

Square (SQ): Profit-Taking

After Square (SQ) announced Monday that it would be buying Australian buy-now-pay-later firm Afterpay for nearly $30 billion in stock, Square POPPED an astounding 13%+ in a single day!

Square was already far in excess of the allocation target for my Investments in Play portfolio, so I took profits on Monday with an order that filled at $280.25. The sale locked in +24.67% in gains on shares I bought on February 25 for $224.80 and lowered my per-share “cost” to -$165.05 (meaning each remaining share in the portfolio cost nothing and instead adds $165.05 to the portfolio’s bottom line along with the value of the share).

I’ve now raised my buying target to $206.20 and despite Square remaining very solidly over the allocation target (it was 7.881% after the sale on Monday against the target allocation of 7.14%), I am waiting to sell more until around $310.

SQ closed the week at $275.10, down -1.84% from where I sold Monday.

Want Further Clarification?

As always, if you have questions about any of my positions or have positions of your own that you’re curious about – feel free to leave a comment below!

See you next week!

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