May 6, 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
Danimer Sci. (DNMR)
Danimer Scientific (DNMR) reported a quarter that wasn’t absolutely catastrophic, and, in this market, that makes you the darling, causing the stock to pop +13.30% in an otherwise terrible market. Don’t get too excited, though, because DNMR is still down an absolutely shocking -48.00% Year-to-Date. Despite that, DNMR did earn itself the spot of the Week’s Biggest Winner.
Tradeweb Markets (TW)
Tradeweb Markets (TW) positively blew up following a disastrous earnings quarter where they missed on every metric and gave terrible forward guidance. The result? A drop of -10.21% on the week and an easy win (or is that lose?) of 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)
+561.46%*
1st Buy: 1/10/2019 @ $19.54
Current Per-Share: -($29.02)
Yeti (YETI)
+394.20%*
1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$45.80)*
Pinterest (PINS)
+335.76%*
1st Buy: 5/16/2019 @ $25.72
Current Per-Share: -($8.85)*
Airlines ETF (JETS)
+226.95%
1st Buy: 5/14/2020 @ $11.30
Current Per-Share: $9.00
Carnival Cruise (CCL)
+200.38%
1st Buy: 3/12/2020 @ $17.25
Current Per-Share: $5.30
Virgin Galactic (SPCE)
+179.26%*
1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$5.65)*
Tradeweb Mkts (TW)
+149.08%*
1st Buy: 4/8/2019 @ $39.22
Current Per-Share: -($23.57)*
Uranium ETF (URA)
+18.12%
1st Buy: 2/23/2021 @ $17.97
Current Per-Share: $18.60
Las Vegas Sands (LVS)
+6.00%
1st Buy: 8/12/2021 @ $40.50
Current Per-Share: $32.35
Golden Mine. (AUMN)
-5.50%
1st Buy: 7/29/2021 @ $0.5316
Current Per-Share: $0.4443
Wendy’s (WEN)
-23.21%
1st Buy: 6/9/2021 @ $28.50
Current Per-Share: $24.00
Zillow (Z)
-29.67%
1st Buy: 11/18/2021 @ $57.13
Current Per-Share: $54.10
Palantir (PLTR)
-50.26%
1st Buy: 2/12/2021 @ $31.50
Current Per-Share: $19.05
DraftKings (DKNG)
-56.74%
1st Buy: 1/29/2021 @ $52.97
Current Per-Share: $30.40
Danimer Sci (DNMR)
-60.97%
1st Buy: 10/20/2021 @ $15.00
Current Per-Share: $11.35
Grow Gen. (GRWG)
-66.90%
1st Buy: 10/30/2020 @ $16.04
Current Per-Share: $17.40
* Indicates a position where the capital investment was sold.
Profit % for * positions = Current Total Profit / Original Capital Investment
Cash Position Performance
The below positions are no longer actively covered each week and are instead reflected in the portfolio’s “Cash” position. Many readers mentioned wanting to still see these positions’ ongoing performance so these positions will be updated weekly in the table below.
Chevron (CVX)
+259.30*
1st Buy: 3/6/2020 @ $76.94
Current Per-Share: -($0.06)*
General Electric (GE)
+69.31%*
1st Buy: 12/12/2018 @ $54.80
Current Per-Share: -($63.21)*
Canadian Pal (DCNNF)
-5.94%
1st Buy: 7/19/2021 @ $0.1000
Current Per-Share: $0.0691
Fabled Gold (FBSGF)
-21.76%
1st Buy: 7/23/2021 @ $0.1036
Current Per-Share: $0.0827
Actual Cash
32.34%
This is the actual amount of cash when
accounting for the positions in this table.
This Week’s Moves
GrowGeneration (GRWG): Added to Position
GrowGeneration (GRWG) collapsed with the rest of the cannabis sector on Friday, triggering a buy order of mine that filled at $5.70 as it headed south. The buy lowered my per-share cost -4.92% from $18.30 to $17.40.
From here, my next buy target is $4.20, above a past point of support (and not an intended cannabis pun, I swear), and my next sell target is $19.35, below a past point of resistance.
GRWG closed the week at $5.76, up +1.05% from where I added Friday.
Palantir Technologies (PLTR): Added to Position
Palantir Technologies (PLTR) broke below the $10.00 mark again on Friday as the market sold off all things speculative, triggering a buy order of mine that filled at $9.85, lowering my per-share cost -5.69% from $20.20 to $19.05.
From here, my next buy target is $8.05, a price calculated using the Fibonacci Method, and my next sell target is $20.65, just below a past point of significant resistance.
PLTR closed the week at $9.48, down -3.76% from where I added Friday.
Virgin Galactic (SPCE): Added to Position
Virgin Galactic (SPCE) reported a decent quarter, beating estimates by reporting a smaller loss than expected, but in this market, any loss is unacceptable, so SPCE continued to get slammed on Friday, triggering a buy order that filled at $6.70.
The buy locked in a whopping -87.98% discount on some of the shares I sold for $55.74 back on June 25, 2021 and raised my per-share “cost” +$1.77 from -$7.42 to $5.65 (a negative per-share cost indicates all capital has been taken out of the position in addition to $5.65 of profit per-share which is added to the portfolio’s bottom line).
From here, my next buy target for SPCE is $4.70, a price calculated using the Fibonacci Method, and my next sell target is $42.30, just under a past point of significant resistance.
SPCE closed the week at $6.80, up +1.49% from where I added Friday.
Wendy’s (WEN): Added to Position
Wendy’s (WEN) broke down with the rest of the market on Thursday, finally dipping below $19.00 and triggering a buy order I had in place which filled at $18.84, and lowered my per-share cost -2.95% from $24.73 to $24.00.
From here, my next buy target is $14.90, above a past point of support, and my next sell target is $24.36, just under Wendy’s last bull rally.
WEN closed the week at $18.43, down -2.18% from where I added 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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