August 6, 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).

Get Irked's Speculation in Play - August 6, 2021

Click image to bring up larger version.

The Week’s Biggest Winner & Loser

Virgin Galactic (SPCE)

Virgin Galactic (SPCE) reported an in-line earnings report, but what really caused the stock to take off was the increase in ticket prices. 

What used to be an “affordable” $250,000 to take a quick jaunt into space now starts at $450,000 a seat! Plus, SPCE expects to see a lot of return customers!

That kind of cashola caused investors to ignite, with SPCE earning +11.27% and the spot of the Week’s Biggest Winner.

Golden Minerals (AUMN)

Penny stocks are volatile enough on their own, but when you’re betting on a penny gold miner like Golden Minerals (AUMN) and the price of gold drops more than -2% in a single day (Friday), you can expect some serious downward action.

AUMN dropped -8.81% pretty much in a single day, locking itself in for the Week’s Biggest Loser spot.

Portfolio Allocation

Click charts for enlarged versions

Positions

%

Target Position Size

Get Irked - Speculation in Play - Current Holdings - August 6, 2021

Click image to bring up larger version.

Portfolio Breakdown

Get Irked - Year-to-Date Performance - Investments in Play vs. Speculation in Play - 2020 Year-to-Date Performance

Click image to bring up larger version.

Year-to-Date Performance

Current Position Performance

AMD (AMD)

+636.95%*

1st Buy: 1/10/2019 @ $19.54
Current Per-Share: -($29.02)

Pinterest (PINS)

+615.21%*

1st Buy: 5/16/2019 @ $25.72
Current Per-Share: -($33.69)*

Yeti (YETI)

+515.74%*

1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$142.16)*

Carnival Cruise (CCL)

+437.06%

1st Buy: 3/12/2020 @ $17.25
Current Per-Share: $4.30

Virgin Galactic (SPCE)

+322.43%*

1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$56.17)*

Airlines ETF (JETS)

+234.18%

1st Buy: 5/14/2020 @ $11.30
Current Per-Share: $9.87

Tradeweb Mkts (TW)

+186.03%*

1st Buy: 4/8/2019 @ $39.22
Current Per-Share: -($128.08)*

Chevron (CVX)

+149.85%*

1st Buy: 3/12/2020 @ $76.94
Current Per-Share:  (-$0.07)*

Grow Gen. (GRWG)

+56.12%

1st Buy: 10/30/2020 @ $16.04
Current Per-Share: $27.12

Uranium ETF (URA)

+20.44%

1st Buy: 2/23/2021 @ $17.97
Current Per-Share: $16.11

Fabled Co. (FBSGF)

+18.73%

1st Buy: 7/19/2021 @ $0.1036
Current Per-Share: $0.1036

DraftKings (DKNG)

+0.17%

1st Buy: 1/29/2021 @ $52.97
Current Per-Share: $51.50

Can. Palladium (DCNNF)

-2.10%

1st Buy: 7/19/2021 @ $0.1000
Current Per-Share: $0.1000

Golden Mine. (AUMN)

-7.54%

1st Buy: 7/29/2021 @ $0.5316
Current Per-Share: $0.5316

Palantir (PLTR)

-10.63%

1st Buy: 2/12/2021 @ $31.50
Current Per-Share: $24.42

Wendy’s (WEN)

-16.43%

1st Buy: 6/9/2021 @ $28.50
Current Per-Share: $26.60

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

This Week’s Moves

No News is Good News!

Sometimes, it’s nice to have a week where nothing happens in a portfolio. While I do have all of the buy and sell targets very solidly locked-in for each position, there simply wasn’t enough volatility this week to dictate a buy or sell action.

However, if the precious metals keep selling off next week like they did this week, I fully expect to be adding to my highly-speculative penny-stock basket (AUMN, DCNNF, and FBSGF).

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!

Don't get mad, Get Irked and learn how to invest for yourself!

 

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.