August 18, 2023

Get Irked's Investments in Play - August 18, 2023

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The Week’s Biggest Winner & Loser

Canopy Growth Corp (CGC)

Long-time readers may remember that, a few weeks ago, I didn’t recognize Canopy Growth Corporation (CGC) as the week’s winner since it had only bounced off a low and didn’t really have fundamental news. This week, CGC gets to be the Biggest Winner as it did actually have fundamental news – Canopy sold one of its bigger assets, a campus in North Carolina, which added some desperately needed funds to its coffers. 

While there are no promises this penny stock will survive, the cash injection thanks to the sale caused CGC to pop +11.99% this week, a pretty significant move considering almost every other position in the portfolio was down this week (except Nvidia (NVDA), of course, because those buyers are crazy).

Tesla (TSLA)

Tesla (TSLA) plunged more than the rest of the Investments in Play portfolio after the company announced even more price cuts on its models selling into China.

Thanks to an economy that is seemingly in a deflationary death spiral, China’s consumers simply aren’t buying the EVs Tesla’s selling, so CEO Elon Musk has once again announced price cuts to try to undermine the competition and get a foothold in the world’s second largest economy.

TSLA dropped -11.22% this week, easily parking itself in the spot of the Week’s Biggest Loser.

Portfolio Allocation

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Target Position Size

Get Irked - Investments in Play - Current Holdings - August 18, 2023

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Portfolio Breakdown

Get Irked - Year-to-Date Performance - Investments in Play vs. Speculation in Play - 2023 Year-to-Date Performance

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Year-to-Date Performance

Current Position Performance

Nvidia (NVDA)


1st Buy 9/6/2016 @ $15.67
Current Per-Share:  (-$204.95)*

Apple (AAPL)


1st Buy 4/18/2013 @ $14.17
Current Per-Share: (-$77.58)*

Boeing (BA)


1st Buy 2/14/2012 @ $79.58
Current Per-Share: (-$179.40)*

Tesla (TSLA)


1st Buy 3/12/2020 @ $37.10
Current Per-Share: (-$48.28)*

Logitech (LOGI)


1st Buy 11/11/2016 @ $24.20
Current Per-Share: -($2.57)*

Block (SQ)


1st Buy 8/5/2016 @ $11.10
Current Per-Share: (-$71.87)*

Skyworks (SWKS)


1st Buy 1/31/2020 @ $113.60
Current Per-Share: (-$34.72)*



1st Buy 7/26/2017 @ $167.29
Current Per-Share: (-$220.95)*

Nike (NKE)


1st Buy 2/14/2012 @ $26.71
Current Per-Share: (-$10.49)*

Dow (DOW)


1st Buy 5/13/2019 @ $53.18
Current Per-Share: (-$0.33)*

JP Morgan (JPM)


1st Buy 10/26/2017 @ $102.30
Current Per-Share: $49.73

Amazon (AMZN)


1st Buy 2/6/2018 @ $69.15
Current Per-Share: $49.00

Disney (DIS)


1st Buy 2/14/2012 @ $41.70
Current Per-Share: (-$2.87)*

Salesforce (CRM)


1st Buy 6/11/2018 @ $134.05
Current Per-Share: $88.20



1st Buy 11/22/2022 @ $4.80
Current Per-Share: $3.80

Take Two (TTWO)


1st Buy 10/9/2018 @ $128.40
Current Per-Share: $66.95

Meta (META)


1st Buy 9/16/2017 @ $128.58
Current Per-Share: -($323.00)*

Berkshire (BRK.B)


1st Buy 8/2/2019 @ $199.96
Current Per-Share: $187.77

Visa (V)


1st Buy 5/9/2022 @ $194.00
Current Per-Share: $173.93

Alphabet (GOOGL)


1st Buy 9/16/2022 @ $101.93
Current Per-Share: $94.55

Morgan Stan (MS)


1st Buy 4/25/2022 @ $83.50
Current Per-Share: $63.71

Zoetis (ZTS)


1st Buy 6/13/2022 @ $157.55
Current Per-Share: $142.46

Schwab (SCHW)


1st Buy 4/18/2022 @ $76.30
Current Per-Share: $63.95

Dutch Bros (BROS)


1st Buy 9/20/2021 @ $42.25
Current Per-Share: $34.70

Rivian (RIVN)


1st Buy 11/12/2021 @ $127.00
Current Per-Share: $29.80

Twilio (TWLO)


1st Buy 8/8/2019 @ $125.71
Current Per-Share: $90.40

Roblox (RLBX)


1st Buy 9/29/2021 @ $77.00
Current Per-Share: $43.95

Coinbase (COIN)


1st Buy 4/14/2021 @ $412.47
Current Per-Share: $208.00

Canopy (CGC)


1st Buy 5/24/2018 @ $29.53
Current Per-Share: $3.95

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

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

This Week’s Moves

Block (SQ): Added to Position

Block (SQ) broke down even further with the rest of the market on Friday, triggering my next buy order which added 2.70% to the position, filling at $54.97. The buy locked in a -22.66% discount, replacing shares I sold for $71.08 on November 14, 2022.

The buy raised my per-share “cost” +4.56% from -$75.30 to -$71.87 (a negative per-share cost indicates all capital has been removed in addition to $71.87 per share added to the portfolio’s bottom line in addition to each share’s current value).

From here, my next buy target is $48.01, above a past point of support from during the pandemic selloff, and my next sell target is $88.19, just under Block’s high from earlier in 2023.

SQ closed the week at $56.88, up +3.47% from where I added Friday.

Morgan Stanley (MS): Dividend Reinvestment

Morgan Stanley (MS) paid out its quarterly dividend which, after reinvestment on Wednesday, lowered my per-share cost -0.98% from $64.34 to $63.71. Morgan Stanley has been an absolutely excellent position since I initially opened it on April 25, 2022, so waiting for it to sell off before I add more has been nearly excruciating.

However, I remain patient, so my next buy target is $76.78, above a past point of key support. Additionally, if MS decides to rally once more, I am targeting trimming even more profits off this position if it makes an attempt to break its all-time at $109.73.

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.