June 24, 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 Scientific (DNMR)
Danimer Scientific (DNMR) goes two-for-two, winning two weeks in a row. This week, DNMR saw a pretty epic +27.14% gain in a week where there was lots of competition. Heck, our “loser” still saw a gain, that’s how good DNMR had to be to lock in the spot of the Week’s Biggest Winner.
Uranium ETF (URA)
The entire commodity sector sold off as investors and traders seemed to believe the Fed may actually have inflation under control. The Uranium ETF (URA) did get hit, although not as bad as some of the other commodities, actually gaining +3.55% on the week! However, since that’s the lowest gain of the portfolio, that actually makes URA our Week’s Biggest Loser. Go figure!
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)
+519.24%*
1st Buy: 1/10/2019 @ $19.54
Current Per-Share: -($29.02)
Yeti (YETI)
+399.32%*
1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$45.80)*
Pinterest (PINS)
+322.77%*
1st Buy: 5/16/2019 @ $25.72
Current Per-Share: -($8.85)*
Virgin Galactic (SPCE)
+176.02%*
1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$5.65)*
Tradeweb Mkts (TW)
+166.64%*
1st Buy: 4/8/2019 @ $39.22
Current Per-Share: -($23.54)*
Airlines ETF (JETS)
+67.52%
1st Buy: 5/14/2020 @ $11.30
Current Per-Share: $10.40
Carnival Cruise (CCL)
+42.18%
1st Buy: 3/12/2020 @ $17.25
Current Per-Share: $7.64
Uranium ETF (URA)
+5.00%
1st Buy: 2/23/2021 @ $17.97
Current Per-Share: $18.60
Las Vegas Sands (LVS)
+3.98%
1st Buy: 8/12/2021 @ $40.50
Current Per-Share: $32.15
Golden Mine. (AUMN)
-14.48%
1st Buy: 7/29/2021 @ $0.5316
Current Per-Share: $0.4443
Wendy’s (WEN)
-19.72%
1st Buy: 6/9/2021 @ $28.50
Current Per-Share: $23.83
Zillow (Z)
-34.45%
1st Buy: 11/18/2021 @ $57.13
Current Per-Share: $54.10
Palantir (PLTR)
-39.67%
1st Buy: 2/12/2021 @ $31.50
Current Per-Share: $16.90
Danimer Sci (DNMR)
-48.00%
1st Buy: 10/20/2021 @ $15.00
Current Per-Share: $10.00
DraftKings (DKNG)
-49.28%
1st Buy: 1/29/2021 @ $52.97
Current Per-Share: $27.90
Grow Gen. (GRWG)
-74.66%
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)
+221.82%*
1st Buy: 3/6/2020 @ $76.94
Current Per-Share: -($0.06)*
General Electric (GE)
+63.85%*
1st Buy: 12/12/2018 @ $54.80
Current Per-Share: -($63.21)*
Canadian Pal (DCNNF)
-24.90%
1st Buy: 7/19/2021 @ $0.1000
Current Per-Share: $0.0691
Fabled Gold (FBSGF)
-34.94%
1st Buy: 7/23/2021 @ $0.1036
Current Per-Share: $0.0827
Actual Cash
29.93%
This is the actual amount of cash when
accounting for the positions in this table.
This Week’s Moves
Patience is a virtue in speculative investing…
Patience is a requirement for any kind of investing, but specifically with speculative investing. Warren Buffett, the famous long-term investor, describes investing as being up at bat in a baseball game, except there are no strikes. In other words, you can stand there forever with the bat on your shoulder, waiting for the perfect pitch to come across the plate… you don’t need to swing.
The same applies for speculative investing, particularly in my case where I already have existing positions. If one of my positions sells off to a price where I would like to add more, I’ll “take the swing” and add at that level. If it never sells off to that point, then what I have is what I have.
I’d rather have an incredibly-profitable small position than be all-in and have no money to put to work when my stock sells off to unbelievable lows.
Of course, it does mean there are weeks with no action. At least it gives me time to catch up on my favorite streaming shows, right?
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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