December 18, 2020
Risk Disclaimer
The positions in this portfolio are incredibly risky and extremely volatile.
No one at Get Irked is a professional financial adviser (or a doctor), so consult with your own financial adviser to see if any of these positions fit your risk profile (and stomach).
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The Week’s Biggest Winner & Loser
Revolve Group (RVLV)
Revolve Group (RVLV) received some amazing press this week with analysts calling it the “millennial-Gen Z winner.” The result? A +27.42% pop to win out as the Week’s Biggest Winner.
Virgin Galactic (SPCE)
What goes up must come down, and Virgin Galactic (SPCE) proves that adage better than almost any other stock. SPCE crash-landed -25.59% this week, earning a very solid Week’s Biggest Loser spot.
Portfolio Allocation
Positions
%
Target Position Size
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Portfolio Breakdown
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Year-to-Date Performance
Current Position Performance
Tradeweb Mkts (TW)
+871.72%
1st Buy: 4/8/2019 @ $39.22
Current Per-Share: $7.04
Pinterest (PINS)
+787.39%*
1st Buy: 5/16/2019 @ $25.72
Current Per-Share: -($58.79)*
AMD (AMD)
+607.28%*
1st Buy: 1/10/2019 @ $19.54
Current Per-Share: (-$107.72)*
Yeti (YETI)
+554.42%*
1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$142.16)*
Virgin Galactic (SPCE)
+229.56%*
1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$0.15)*
Chevron (CVX)
+225.18%*
1st Buy: 3/12/2020 @ $76.94
Current Per-Share: (-0.07)*
Grow Gen. (GRWG)
+221.11%*
1st Buy: 10/30/2020 @ $16.04
Current Per-Share: (-$0.19)*
Plug Power (PLUG)
+212.82%*
1st Buy: 10/30/2020 @ $14.28
Current Per-Share: (-$0.28)*
Twitter (TWTR)
+212.26%*
1st Buy: 10/30/2019 @ $29.79
Current Per-Share: (-$45.02)*
Carnival Cruise (CCL)
+197.69%*
1st Buy: 3/12/2020 @ $17.25
Current Per-Share: (-1.01)*
Airlines ETF (JETS)
+192.89%*
1st Buy: 5/14/2020 @ $11.30
Current Per-Share: (-$3.72)*
Revolve Group (RVLV)
+117.05%*
1st Buy: 6/13/2019 @ $39.06
Current Per-Share: $0.00*
General Electric (GE)
+113.49%
1st Buy: 3/6/2020 @ $9.40
Current Per-Share: $5.07
12/31 SPY Put Spreads
-95.80%
Cost: $2.4993
Current Value: $0.105
* Indicates a position where the capital investment was sold.
Profit % for * positions = Current Gross Profit / Original Capital Investment
Recovery Speculation Basket
Airlines ETF
JETS
Carnival Cruise
CCL
What is the Recovery Speculation Basket?
The Recovery Speculation Basket (“Recovery Spec”) represents stocks that will thrive if vaccines are released quickly and we return to normal but have the likelihood of collapsing if more lockdowns occur. These positions are too speculative to have their own allocation and share a single allocation.
Currently, my Recovery Spec stocks are as follows: the Airlines Exchange Traded Fund (JETS) and Carnival Cruise Lines (CCL). They are listed as a single allocation in the portfolio breakdown chart each week.
This Week’s Moves
Chevron (CVX): Dividend Reinvestment
Chevron (CVX) paid out its quarterly dividend on Thursday, December 10, $5.16 per share held or an annual yield of 5.57% as of Dec 10’s $92.63 closing price.
Since I’ve already pulled all of my capital out of the position, the reinvested dividend just serves to slowly increase my allocation of stock over time (plus, it compounds as the next dividend payout also pays on the shares I received this time around).
My next buy price target for CVX is $66.90, slightly above the low of the last selloff.
Revolve Group (RVLV): *Position Closed +117.05%*
Revolve Group (RVLV) saw some bullish action on Tuesday, making an attempt at a previous high where I decided to take profits with a sell order at $26.11. Then, on Friday, Revolve skyrocketed and jumped through $30.00.
Not one to look a gift horse in the mouth, I decided to close my position entirely with an average selling price of $30.78 on Friday (a weekly average of $28.44), locking in +117.05% in profits over my initial investment started on June 13, 2019.
While I do believe RVLV might have some interesting prospects going forward, the pandemic selloff made me second-guess this kind of position, especially given my initial buy was at $39.06 way back when (yikes).
RVLV closed the week at $30.67, down -0.36% from where I closed Friday.
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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