January 8, 2021
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
Plug Power (PLUG)
Plug Power (PLUG) dominated the week with a whopping +58.60% gain after announcing its received a huge investment from Korea to help the country transition to hydrogen fuel cells in a big way in the coming decade. Its epic one-week gain definitely earned PLUG the first Biggest Winner spot of 2021 and might make it a contender for winner of the year at this rate!
Carnival Cruise Lines (CCL)
Record deaths in the U.S. from Covid-19 combined with new more-contagious strains of the virus smacked all reopening plays hard, but Carnival Cruise Lines (CCL) took it the hardest, losing -5.49% this week and earning itself the spot of 2021’s first Biggest Weekly Loser.
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)
+828.66%
1st Buy: 4/8/2019 @ $39.22
Current Per-Share: $7.04
Pinterest (PINS)
+795.42%*
1st Buy: 5/16/2019 @ $25.72
Current Per-Share: -($58.79)*
AMD (AMD)
+603.86%*
1st Buy: 1/10/2019 @ $19.54
Current Per-Share: (-$107.72)*
Yeti (YETI)
+556.77%*
1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$142.16)*
Carnival Cruise (CCL)
+376.32%
1st Buy: 3/12/2020 @ $17.25
Current Per-Share: 4.30
Plug Power (PLUG)
+291.14%*
1st Buy: 10/30/2020 @ $14.28
Current Per-Share: (-$0.28)*
Grow Gen. (GRWG)
+241.91%*
1st Buy: 10/30/2020 @ $16.04
Current Per-Share: (-$0.19)*
Virgin Galactic (SPCE)
+237.02%*
1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$0.15)*
Chevron (CVX)
+230.76%*
1st Buy: 3/12/2020 @ $76.94
Current Per-Share: (-0.07)*
Twitter (TWTR)
+207.38%*
1st Buy: 10/30/2019 @ $29.79
Current Per-Share: (-$45.02)*
Airlines ETF (JETS)
+191.75%*
1st Buy: 5/14/2020 @ $11.30
Current Per-Share: (-$3.71)*
General Electric (GE)
+123.96%
1st Buy: 3/6/2020 @ $9.40
Current Per-Share: $5.07
1/29 SPY Put Spreads
-81.56%
Cost: $4.8254
Current Value: $0.89
* 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
CCLWhat 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
Carnival Cruise Lines (CCL): Added to Position
To kick off 2021, I decided to get more aggressive with all of my speculative positions, so when Carnival Cruise Lines (CCL) sold off more than 5% on Monday, I added back in, buying at $20.20.
The order replaces half of the shares I sold at $21.09 back on June 16, 2020, locking in a minor -4.22% gain, however, the buy increases my allocation as I believe CCL will come back later this year thanks to vaccines and the economic reopening planned. The buy also added some capital back into the position giving me a per-share cost of $4.30.
From here, my next buy target is $16.20 and my next sell target is around $33.00.
CCL closed the week at $20.47, up +1.34% from where I added 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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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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