June 10, 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
DraftKings (DKNG)
Despite a week that took out the majority of the market, online sports gambling play DraftKings (DKNG) somehow earned a +2.99% gain. While that’s not much to write home about, it’s definitely enough to earn DKNG the spot of the Week’s Biggest Winner during a week where the S&P 500 sold off a whopping -5.06%!
Carnival Cruise Lines (CCL)
When inflation reigns supreme, any company with debt on its balance sheet gets hit hard, and there are few companies out there with a worse debt ratio than Carnival Cruise Lines (CCL). CCL lost -18.21% this week and easily cruised into 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)
+558.80%*
1st Buy: 1/10/2019 @ $19.54
Current Per-Share: -($29.02)
Yeti (YETI)
+383.27%*
1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$45.80)*
Pinterest (PINS)
+299.03%*
1st Buy: 5/16/2019 @ $25.72
Current Per-Share: -($8.85)*
Airlines ETF (JETS)
+202.49%
1st Buy: 5/14/2020 @ $11.30
Current Per-Share: $9.00
Virgin Galactic (SPCE)
+172.27%*
1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$5.65)*
Tradeweb Mkts (TW)
+155.85%*
1st Buy: 4/8/2019 @ $39.22
Current Per-Share: -($23.57)*
Carnival Cruise (CCL)
+44.80%
1st Buy: 3/12/2020 @ $17.25
Current Per-Share: $7.64
Uranium ETF (URA)
+18.02%
1st Buy: 2/23/2021 @ $17.97
Current Per-Share: $18.60
Las Vegas Sands (LVS)
+4.20%
1st Buy: 8/12/2021 @ $40.50
Current Per-Share: $32.15
Golden Mine. (AUMN)
-11.10%
1st Buy: 7/29/2021 @ $0.5316
Current Per-Share: $0.4443
Wendy’s (WEN)
-24.33%
1st Buy: 6/9/2021 @ $28.50
Current Per-Share: $24.00
Zillow (Z)
-34.49%
1st Buy: 11/18/2021 @ $57.13
Current Per-Share: $54.10
Palantir (PLTR)
-51.10%
1st Buy: 2/12/2021 @ $31.50
Current Per-Share: $16.90
DraftKings (DKNG)
-53.05%
1st Buy: 1/29/2021 @ $52.97
Current Per-Share: $27.90
Danimer Sci (DNMR)
-62.00%
1st Buy: 10/20/2021 @ $15.00
Current Per-Share: $10.00
Grow Gen. (GRWG)
-73.45%
1st Buy: 10/30/2020 @ $16.04
Current Per-Share: $16.50
* 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)
+266.45%*
1st Buy: 3/6/2020 @ $76.94
Current Per-Share: -($0.06)*
General Electric (GE)
+65.88%*
1st Buy: 12/12/2018 @ $54.80
Current Per-Share: -($63.21)*
Canadian Pal (DCNNF)
-13.18%
1st Buy: 7/19/2021 @ $0.1000
Current Per-Share: $0.0691
Fabled Gold (FBSGF)
-16.56%
1st Buy: 7/23/2021 @ $0.1036
Current Per-Share: $0.0827
Actual Cash
30.41%
This is the actual amount of cash when
accounting for the positions in this table.
This Week’s Moves
You know it’s a weird week when…
… the markets sell off spectacularly, yet I still didn’t make a single move in my Speculation in Play portfolio. That’s just how it goes, sometimes. The market rotated out of a number of other stocks, but more or less left the highly speculative positions alone.
Now, that’s not to say the speculative sector is doing well… not by a long shot. In fact, the Speculation in Play portfolio only maintains a +1.12% lifetime gain. Yes, that’s right – since its inception in 2018, the portfolio is only up +1.120%. However, given how speculative the positions in the portfolio are, I’m happy to be above break-even, thank you very much.
As for no moves this week, it’s all good. I have a sneaky suspicion that the volatility we saw this week is only the beginning as the Fed meeting next week combines with low summer trading volume. Hang on to your hats!
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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