January 14, 2022
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
Las Vegas Sands (LVS)
For the first time in quite some time, China news actually had a positive effect on an investment when word broke that Macau would only permit a total of six (6) casino permits – the six already in the city, of which Las Vegas Sands (LVS) is one. The resulting +13.43% pop in a pretty ugly week means LVS comes home as the Week’s Biggest Winner.
Virgin Galactic (SPCE)
Virgin Galactic (SPCE) lost even more altitude this week when news broke that the company is looking at issuing millions of dollars in bonds which will further dilute existing shareholders. SPCE ended up dropping -18.55% in a single week, crash-landing into the Week’s Biggest Loser spot, a space this investment is all too familiar with.
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)
+773.78*
1st Buy: 1/10/2019 @ $19.54
Current Per-Share: -($29.02)
Yeti (YETI)
+451.05%*
1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$142.16)*
Pinterest (PINS)
+427.36%*
1st Buy: 5/16/2019 @ $25.72
Current Per-Share: -($13.05)*
Carnival Cruise (CCL)
+245.63%
1st Buy: 3/12/2020 @ $17.25
Current Per-Share: $6.64
Virgin Galactic (SPCE)
+214.19%*
1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$19.60)*
Tradeweb Mkts (TW)
+196.41%*
1st Buy: 4/8/2019 @ $39.22
Current Per-Share: -($23.59)*
Airlines ETF (JETS)
+188.17%
1st Buy: 5/14/2020 @ $11.30
Current Per-Share: $11.82
Las Vegas Sands (LVS)
+19.75%
1st Buy: 8/12/2021 @ $40.50
Current Per-Share: $35.90
Uranium ETF (URA)
+16.37%
1st Buy: 2/23/2021 @ $17.97
Current Per-Share: $19.80
Zillow (Z)
-3.12%
1st Buy: 11/18/2021 @ $57.13
Current Per-Share: $57.13
Wendy’s (WEN)
-6.22%
1st Buy: 6/9/2021 @ $28.50
Current Per-Share: $24.87
Golden Mine. (AUMN)
-14.48%
1st Buy: 7/29/2021 @ $0.5316
Current Per-Share: $0.4443
Palantir (PLTR)
-30.24%
1st Buy: 2/12/2021 @ $31.50
Current Per-Share: $22.95
DraftKings (DKNG)
-42.79%
1st Buy: 1/29/2021 @ $52.97
Current Per-Share: $40.54
Danimer Sci (DNMR)
-48.92%
1st Buy: 10/20/2021 @ $15.00
Current Per-Share: $13.00
Grow Gen. (GRWG)
-56.37%
1st Buy: 10/30/2020 @ $16.04
Current Per-Share: $21.50
* Indicates a position where the capital investment was sold.
Profit % for * positions = Current Total Profit / Original Capital Investment
This Week’s Moves
Danimer Scientific (DNMR): Added to Position
The unbelievable ongoing selloff in Danimer Scientific (DNMR) continued this week with the stock triggering a buy order on Monday which filled at $7.04. The buy lowered my per-share cost an additional -4.06% from $13.55 to $13.00.
From here, my next buy target is $5.85, determined using reverse Fibonacci Retracement method, and my next sell target is around $20.00, near the high of its last bull rally.
DNMR closed the week at $6.64, down -5.68% from where I added Monday.
GrowGeneration (GRWG): Added to Position
The cannabis catastrophe continued this week as selling pressure pushed GrowGeneration (GRWG) into the single digits, triggering a buy order on its way down that filled at $10.25 on Thursday.
The order lowered my per-share cost -5.49% from $22.75 to $21.50, and, from here, my next buy target is $8.30, above a past point of support. My next sell target (if we ever make it out of here alive) is around $26.00, near GRWG’s high from its last bull rally.
GRWG closed the week at $9.38, down -8.49% from where I added Thursday.
Uranium ETF (URA): Added to Position
The Uranium ETF (URA) finally came under selling pressure on Friday, dropping through my next buy target at $22.58 with an order which, thanks to a generous dividend payout from the ETF over the past week, actually lowered my per-share cost -2.655% from last week’s $20.34 down to my current $19.80 per share cost.
From here, my next buy price target is $19.80, near a past point of support, and my next sell target is $31.45, just under URA’s last bull rally.
URA closed the week at $23.04, up +2.04% from where I added on 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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