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).

Golden Minerals (AUMN)

Gold hasn’t been acting right for more than a year now. We’ve had outrageous inflation, historic money-printing, and geopolitical concerns about the wing-wang, three key elements that gold is supposed to protect against.

Instead, gold has been downright lackluster, particularly in comparison with other commodities. Then, when the Fed came out this week with hawkish news that made investors believe the central bank might curb inflation, the yellow metal really sold off, bringing Golden Minerals (AUMN) down -16.73% to earn the spot of the Week’s Biggest Loser.

GrowGeneration (GRWG): Added to Position

GrowGeneration (GRWG) once again crashed through $7.00 during the week’s selloff, prompting me to make a small buy on Friday at $6.90 which lowered my per-share cost -4.94% from $19.25 to $18.30.

From here, my next buy target is $6.30, above a distant past point of support, and my next sell target is $19.50, below a past point of resistance.

GRWG closed the week at $6.60, down -4.35% from where I added Friday.

Pinterest (PINS): Added to Position

Pinterest (PINS) continued to get slaughtered along with the rest of the social media stocks this week. How bad has it been? Well, PINS has dropped more than -77% from its all-time high. Ouch!

The selloff triggered a buy order on Thursday which filled at $20.55. The buy locked in a -43.94% discount on shares I sold for $36.66 quite a ways back on August 3, 2020 and raised my per-share “cost” +$4.20 from -$13.05 to -$8.85 (a negative per-share cost indicates all capital has been removed from the position in addition to $8.85 per share which adds to the portfolio’s bottom line).

From here, I plan to add more to the position should PINS continue to sell off with my next buy target at $15.45, a point of support during the pandemic. My next sell target is $46.10, a past point of resistance during PINS’ run to its all-time high.

PINS closed the week at $19.59, down -4.67% from where I added Thursday.

Yeti (YETI): Added to Position

Yeti (YETI) has been an interesting position for the Speculation in Play portfolio. First started with a $23.23 buy on February 26, 2019, this outdoor products play exploded to the upside… and I mean exploded.

I made my last move in YETI on October 14, 2020, a year and a half ago, with a sale at $53.16 which proved to be… ill-advised… at best. YETI went on to make an all-time high at $108.82 in 2021.

I’ve been biding my time, and, finally, YETI has crashed back down to Earth, triggering a buy order on Friday that filled at $50.56. This order locks in a relatively minor -4.89% discount on the shares I sold for $53.16 on 10/14/20, however, it represents an astounding -53.54% discount from YETI’s all-time high.

The substantial buy raises my per-share “cost” +96.36 from -$142.16 to -$45.80 (a negative per-share cost indicates all capital has been removed from the position in addition to $45.80 per share which adds to the portfolio’s bottom line).

From here, my next buy order is much lower at $23.05, a past point of support during the pandemic, and, for the moment, I have no sell targets on the stock as I believe its upside potential over the coming years could be positively huge.

YETI closed the week at $50.62, up +$0.06 from where I added on Friday.