September 3, 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
Uranium ETF (URA)
Uranium quietly skyrocketed this week after Sprott, a commodities trading company in Canada, opened up an equity trust to buy physical uranium about 10 days ago. There has never been a live market with up-to-date prices for uranium (also known as “yellow cake” in the industry).
Suddenly, all the electrical companies, who need 100,000 pounds of yellow cake per year for each nuclear reactor, realized they need to start hedging, creating quite the spurt in the radioactive goo’s price per pound.
The result? The Uranium ETF (URA) popped a whopping +20.74% in a single week, easily earning it the spot of the Week’s Biggest Winner.
Can. Palladium (DCNNF)
High-spec, penny-stock and commodities play Canadian Palladium (DCNNF) continues to demonstrate exactly how volatile penny stocks can be by dropping -8.87% on no real news this week while gold and silver finished the week up. Such a performance earns DCNNF 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
AMD (AMD)
+635.93%*
1st Buy: 1/10/2019 @ $19.54
Current Per-Share: -($29.02)
Pinterest (PINS)
+600.64%*
1st Buy: 5/16/2019 @ $25.72
Current Per-Share: -($33.69)*
Yeti (YETI)
+513.92%*
1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$142.16)*
Virgin Galactic (SPCE)
+289.74%*
1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$56.17)*
Airlines ETF (JETS)
+231.24%
1st Buy: 5/14/2020 @ $11.30
Current Per-Share: $9.87
Tradeweb Mkts (TW)
+185.62%*
1st Buy: 4/8/2019 @ $39.22
Current Per-Share: -($128.08)*
Chevron (CVX)
+143.33%*
1st Buy: 3/12/2020 @ $76.94
Current Per-Share: (-$0.07)*
Carnival Cruise (CCL)
+108.92%*
1st Buy: 3/12/2020 @ $17.25
Current Per-Share: -($2.09)*
Uranium ETF (URA)
+41.85%
1st Buy: 2/23/2021 @ $17.97
Current Per-Share: $16.90
Las Vegas Sands (LVS)
+20.13%
1st Buy: 8/12/2021 @ $40.50
Current Per-Share: $35.91
DraftKings (DKNG)
+18.47%
1st Buy: 1/29/2021 @ $52.97
Current Per-Share: $51.50
Fabled Co. (FBSGF)
+17.28%
1st Buy: 7/19/2021 @ $0.1036
Current Per-Share: $0.1036
Palantir (PLTR)
+9.15%
1st Buy: 2/12/2021 @ $31.50
Current Per-Share: $24.42
Grow Gen. (GRWG)
+8.89%
1st Buy: 10/30/2020 @ $16.04
Current Per-Share: $29.25
Golden Mine. (AUMN)
+0.85%
1st Buy: 7/29/2021 @ $0.5316
Current Per-Share: $0.5316
Can. Palladium (DCNNF)
-9.87%
1st Buy: 7/19/2021 @ $0.1000
Current Per-Share: $0.0889
Wendy’s (WEN)
-13.87%
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
Carnival Cruise Lines (CCL): Profit-Taking
After reviewing some of my more volatile positions, I realized I should be taking profits when we see a few of them try to test support, and take profits I did in Carnival Cruise Lines (CCL) on Wednesday, when it started to pull back from its recent bounce.
My sell order filled at $23.44, locking in +16.04% in gains on shares I bought back on January 4, 2021 for $20.20. The sale also removed remaining capital I had in the position, giving me a per-share “cost” of -$2.09 (each share in the position cost nothing and adds $2.09 to the portfolio’s bottom line in addition to the current share value).
From here, I have no additional sell targets and my next buy target is $19.45, near a point of support from its last significant selloff.
CCL closed the week at $22.96, down -2.05% from where I took profits Wednesday.
Las Vegas Sands (LVS): Profit-Taking
Las Vegas Sands (LVS) has seen an incredible bounce in the weeks since I initially opened a position, so it was time to take profits on Thursday when LVS pulled back beyond a key support level I was watching.
My sell order filled at $44.14, locking in +20.47% in gains on shares I bought on August 19 for $36.64. The sale lowered my per-share cost by a fairly substantial -7.09% drop from $38.65 to $35.91.
From here, my next sell target is $71.82 and my next buy target is $36.20, slightly below support from its last selloff.
LVS closed the week at $43.14, down -2.27% from where I took profits Thursday.
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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