November 10, 2023
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The Week’s Biggest Winner & Loser
Roblox (RBLX)
Roblox (RBLX), one of the most volatile stocks I’ve ever been involved with, blew the doors off the joint with ana amazing earnings report this week. As a result, the stock popped +10.11% and earned itself the spot of the Biggest Winner.
Canopy Growth (CGC)
There is still absolutely no good news on the horizon for the cannabis space, so particularly beaten-up companies like Canopy Growth Corporation (CGC) did not make it through the week unscathed.
Canopy Growth got walloped to the tune of -17.04%, easily putting in the spot of the Week’s Biggest Loser.
Portfolio Allocation
Positions
%
Target Position Size
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Portfolio Breakdown
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Year-to-Date Performance
Current Position Performance
Nvidia (NVDA)
+1548.29%*
1st Buy 9/6/2016 @ $15.67
Current Per-Share: (-$259.28)*
Apple (AAPL)
+965.00%*
1st Buy 4/18/2013 @ $14.17
Current Per-Share: (-$77.48)*
Logitech (LOGI)
+678.51%*
1st Buy 11/11/2016 @ $24.20
Current Per-Share: -($3.35)*
Boeing (BA)
+659.47%*
1st Buy 2/14/2012 @ $79.58
Current Per-Share: (-$179.40)*
Tesla (TSLA)
+567.79%*
1st Buy 3/12/2020 @ $37.10
Current Per-Share: (-$48.28)*
Block (SQ)
+469.81%*
1st Buy 8/5/2016 @ $11.10
Current Per-Share: (-$63.41)*
Skyworks (SWKS)
+429.00%*
1st Buy 1/31/2020 @ $113.60
Current Per-Share: (-$34.48)*
Nike (NKE)
+419.44%*
1st Buy 2/14/2012 @ $26.71
Current Per-Share: (-$10.49)*
IDEXX Labs (IDXX)
+397.56%*
1st Buy 7/26/2017 @ $167.29
Current Per-Share: (-$220.95)*
Dow (DOW)
+293.68%*
1st Buy 5/13/2019 @ $53.18
Current Per-Share: (-$0.326)*
JP Morgan (JPM)
+196.88%
1st Buy 10/26/2017 @ $102.30
Current Per-Share: $49.36
Amazon (AMZN)
+192.98%
1st Buy 2/6/2018 @ $69.15
Current Per-Share: $49.00
Disney (DIS)
+152.73%*
1st Buy 2/14/2012 @ $41.70
Current Per-Share: (-$2.23)*
Salesforce (CRM)
+142.34%
1st Buy 6/11/2018 @ $134.05
Current Per-Share: $88.20
Take Two (TTWO)
+120.90%
1st Buy 10/9/2018 @ $128.40
Current Per-Share: $66.95
Meta (META)
+100.75%*
1st Buy 9/16/2017 @ $128.58
Current Per-Share: -($323.00)*
Berkshire (BRK.B)
+86.70%
1st Buy 8/2/2019 @ $199.96
Current Per-Share: $187.77
SoFi (SOFI)
+82.64%
1st Buy 11/22/2022 @ $4.80
Current Per-Share: $3.80
Alphabet (GOOGL)
+61.70%
1st Buy 9/16/2022 @ $101.93
Current Per-Share: $82.00
Visa (V)
+41.27%
1st Buy 5/9/2022 @ $194.00
Current Per-Share: $173.60
Zoetis (ZTS)
+19.08%
1st Buy 6/13/2022 @ $157.55
Current Per-Share: $142.19
Morgan Stan (MS)
+9.57%
1st Buy 4/25/2022 @ $83.50
Current Per-Share: $68.75
Brookfield (BN)
+0.38%
1st Buy 9/25/2023 @ $32.44
Current Per-Share: $31.95
Arm Hldgs (ARM)
-1.67%
1st Buy 9/14/2023 @ $57.28
Current Per-Share: $53.15
Roblox (RLBX)
-10.21%
1st Buy 9/29/2021 @ $77.00
Current Per-Share: $42.80
Schwab (SCHW)
-14.54%
1st Buy 4/18/2022 @ $76.30
Current Per-Share: $63.68
Dutch Bros (BROS)
-16.95%
1st Buy 9/20/2021 @ $42.25
Current Per-Share: $33.15
Twilio (TWLO)
-34.91%
1st Buy 8/8/2019 @ $125.71
Current Per-Share: $90.40
Rivian (RIVN)
-46.71%
1st Buy 11/12/2021 @ $127.00
Current Per-Share: $28.90
Coinbase (COIN)
-55.33%
1st Buy 4/14/2021 @ $412.47
Current Per-Share: $208.00
Canopy (CGC)
-86.80%
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
Rivian (RIVN): Added to Position
Despite reporting decent earnings and announcing they’ve dramatically reduced how much they lose per vehicle (the goal of an initial EV startup is to ramp volume and improve manufacturing in order to make profits), Rivian (RIVN) sold off substantially on news that it would have to issue more equity to give itself additional runway to profitability.
On Thursday, Rivian fell through my next buy order which added 3.10% to my position and filled at $15.45. The buy lowered my per-share cost -3.02% down from $29.80 to $28.90. From here, my next buy target is $13.60, above a past point of support seen earlier in 2023. My next sell target is slightly above my cost basis at $29.15.
RIVN closed the week at $15.40, down -0.32% from where I added Thursday.
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.
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