March 18, 2022

Get Irked - Investments in Play - March 18, 2022

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The Week’s Biggest Winner & Loser

Block (SQ)

Talk about knocking the Block (SQ) off! You can call it a comeback – Block leapt an incredible +37.98% this week on the back of… well… no real news, to easily land itself the spot of the Week’s Biggest Winner. In fact, the gain was so great, that Block reduced its Year-to-Date loss to just -12.92%, an incredible feat in just a few days… wow!

Take Two Interactive (TTWO)

Something strange happened in the video game sector this week – analysts suddenly thought the demand for gaming was waning. Turns out they were wrong, and while Take Two Interactive (TTWO) and the rest of the sector made an absolutely outstanding recovery off their lows, it wasn’t enough with TTWO finishing the week down -1.38% and landing itself the spot of the Week’s Biggest Loser.

Portfolio Allocation

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Positions

%

Target Position Size

Get Irked - Investments in Play - Current Holdings - March 12, 2021et Irked's Pandemic Portfolio Holdings as of March 18, 2022

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Portfolio Breakdown

Get Irked - Year-to-Date Performance - Investments in Play vs. Speculation in Play - 2021 Year-to-Date Performance

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Year-to-Date Performance

The Speculative Basket

The Speculative Basket is made up of 11 positions that cumulatively share two target allocations. While I have more faith in these positions than those in my Speculation in Play portfolio (why they’re in this portfolio), I don’t want a full allocation to any of them.

The current basket members are: Amazon (AMZN), Berkshire-Hathaway (BRK.B), Coinbase (COIN), Dutch Bros (BROS), Meta (FB), Rivian (RIVN), Roblox (RBLX), Salesforce (CRM), Skyworks Solutions (SWKS), Take Two Interactive (TTWO), and Twilio (TWLO).

Current Position Performance

Nvidia (NVDA)

+960.89%*

1st Buy 9/6/2016 @ $15.77
Current Per-Share:  (-$22.45)*

Apple (AAPL)

+869.54%*

1st Buy 4/18/2013 @ $14.17
Current Per-Share: (-$34.61)*

Block (SQ)

+782.96%*

1st Buy 8/5/2016 @ $11.10
Current Per-Share: (-$83.75)*

Tesla (TSLA)

+767.09%*

1st Buy 3/12/2020 @ $111.30
Current Per-Share: (-$78.43)*

Boeing (BA)

+645.76%*

1st Buy 2/14/2012 @ $79.58
Current Per-Share: (-$175.40)*

Logitech (LOGI)

+621.44%**

1st Buy 11/11/2016 @ $24.20
Current Per-Share: $8.81

Nike (NKE)

+496.13%*

1st Buy 2/14/2012 @ $26.71
Current Per-Share: (-$9.61)*

IDEXX Labs (IDXX)

+491.71%*

1st Buy 7/26/2017 @ $167.29
Current Per-Share: (-$52.18)*

Skyworks (SWKS)

+454.21%*

1st Buy 1/31/2020 @ $113.60
Current Per-Share: (-$57.31)*

Disney (DIS)

+349.47%

1st Buy 2/14/2012 @ $41.70
Current Per-Share: $31.21

Amazon (AMZN)

+340.61%

1st Buy 2/6/2018 @ $1,382.96
Current Per-Share: $731.95

Take Two (TTWO)

+200.23%

1st Buy 10/9/2018 @ $128.40
Current Per-Share: $75.60

Salesforce (CRM)

+122.69%

1st Buy 6/11/2018 @ $134.05
Current Per-Share: $98.25

JP Morgan (JPM)

+89.71%

1st Buy 10/26/2017 @ $102.30
Current Per-Share: $73.85

Berkshire (BRK.B)

+87.24%

1st Buy 8/2/2019 @ $199.96
Current Per-Share: $182.87

Meta (FB)

+79.11%*

1st Buy 9/16/2017 @ $128.58
Current Per-Share: -($295.25)*

Dow (DOW)

+75.36%

1st Buy 5/13/2019 @ $53.18
Current Per-Share: $35.58

Dutch Bros (BROS)

+44.54%

1st Buy 9/20/2021 @ $42.25
Current Per-Share: $40.50

Twilio (TWLO)

+30.82%

1st Buy 8/8/2019 @ $125.71
Current Per-Share: $122.03

Canopy (CGC)

+4.72%

1st Buy 5/24/2018 @ $29.53
Current Per-Share: $6.80

Roblox (RLBX)

-8.79%

1st Buy 9/29/2021 @ $77.00
Current Per-Share: $54.40

Coinbase (COIN)

-36.63%

1st Buy 4/14/2021 @ $412.47
Current Per-Share: $293.43

Rivian (RIVN)

-39.08%

1st Buy 11/12/2021 @ $127.00
Current Per-Share: $74.85

* 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 and inaccurate “gains”)

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

This Week’s Moves

Canopy Growth Corp (CGC): Added to Position

All of the speculative sectors continued getting hit this week with recreational cannabis being one of the prime targets. Canopy Growth Corporation (CGC) tested its prior low – where I had a buy order fill at $5.80 on Monday – and then broke through it.

The order lowered my per-share cost -2.86% from $7.00 to $6.80. From here, my next buy target is $4.30, above a past point of support, and my next buy target is around $25.20 where CGC will have exceeded the target allocation size for my portfolio.

CGC closed the week at $7.12, up +22.76% from where I added on Monday.

Rivian (RIVN): Added to Position

The Electric Vehicle (EV) sector got hit extremely hard this week due to so much of the nickel supply, a much needed element in lithium battery cells, coming from Russia. Rivian (RIVN) and the other newbies to the space got hit the hardest, with RIVN continuing to lose support and find lower-lows, triggering a buy order on Monday at $35.65.

The buy lowered my per-share cost -6.14% from $79.75 to $74.85. From here, my next buy target is $29.85, another price point determined using the Fibonacci Retracement method, and my next sell target is $169.65, under a past point of resistance.

RIVN closed the week at $45.60, up +27.91% from where I added Monday.

Take Two Interactive (TTWO): Added to Position

Take Two Interactive (TTWO) got hit particularly hard on Tuesday, doubly strange as there were no news events related to the company or the sector plus the market actually rallied in morning trading.

Regardless, TTWO flew my next buy order at $139.26 which raised my per-share cost +$25.37 from $50.23 to $75.60, still a -41.12% reduction from my opening buy in the position at $128.40 on October 9, 2018.

From here, my next buy target is $113.50, above a past point of support, and my next sell target is around $211.50, just under TTWO’s all-time high.

TTWO closed the week at $151.37, up +8.70% from where I added on Tuesday.

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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Disclaimer: Eric “Irk” Jacobson and all other Get Irked contributors are not investment or financial advisers. All strategies, trading ideas, and other information presented comes from non-professional, amateur investors and traders sharing techniques and ideas for general information purposes. As always, all individuals should consult their financial advisers to determine if an investing idea is right for them. All investing comes with levels of risk with some ideas and strategies carrying more risk than others. As an individual investor, you are accountable for assessing all risk to determine if the strategy or idea fits with your investment style. All information on Get Irked is presented for educational and informational purposes only.
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