July 8, 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
Virgin Galactic (SPCE)
It’s amazing how a tiny news story like aerospace giant Boeing (BA) working with a piddly startup like Virgin Galactic (SPCE) can cause the stock to pop +16.56% and become the Week’s Biggest Winner, isn’t it? /sarcasm
Golden Minerals (AUMN)
With the economy remaining strong, bond yields rising, and the Federal Reserve going full-steam ahead on rising the benchmark interest rate, gold got slammed hard this week. Gold miners like Golden Minerals (AUMN) got hit particularly hard, with AUMN losing -4.08% to become 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)
+479.73%*
1st Buy: 1/10/2019 @ $19.54
Current Per-Share: -($29.02)
Yeti (YETI)
+393.86%*
1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$45.80)*
Pinterest (PINS)
+309.67%*
1st Buy: 5/16/2019 @ $25.72
Current Per-Share: -($8.85)*
Virgin Galactic (SPCE)
+186.82%*
1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$5.65)*
Tradeweb Mkts (TW)
+160.71%*
1st Buy: 4/8/2019 @ $39.22
Current Per-Share: -($23.54)*
Airlines ETF (JETS)
+61.84%
1st Buy: 5/14/2020 @ $11.30
Current Per-Share: $10.40
Carnival Cruise (CCL)
+18.06%
1st Buy: 3/12/2020 @ $17.25
Current Per-Share: $7.64
Las Vegas Sands (LVS)
+6.94%
1st Buy: 8/12/2021 @ $40.50
Current Per-Share: $32.15
Uranium ETF (URA)
+3.66%
1st Buy: 2/23/2021 @ $17.97
Current Per-Share: $18.60
Wendy’s (WEN)
-18.04%
1st Buy: 6/9/2021 @ $28.50
Current Per-Share: $23.83
Golden Mine. (AUMN)
-23.48%
1st Buy: 7/29/2021 @ $0.5316
Current Per-Share: $0.4443
Zillow (Z)
-35.05%
1st Buy: 11/18/2021 @ $57.13
Current Per-Share: $54.10
Palantir (PLTR)
-39.79%
1st Buy: 2/12/2021 @ $31.50
Current Per-Share: $16.90
Danimer Sci (DNMR)
-48.80%
1st Buy: 10/20/2021 @ $15.00
Current Per-Share: $10.00
DraftKings (DKNG)
-54.34%
1st Buy: 1/29/2021 @ $52.97
Current Per-Share: $27.90
Grow Gen. (GRWG)
-73.69%
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)
+219.00%*
1st Buy: 3/6/2020 @ $76.94
Current Per-Share: -($0.06)*
General Electric (GE)
+61.96%*
1st Buy: 12/12/2018 @ $54.80
Current Per-Share: -($63.21)*
Canadian Pal (DCNNF)
-21.57%
1st Buy: 7/19/2021 @ $0.1000
Current Per-Share: $0.0691
Fabled Gold (FBSGF)
-48.36%
1st Buy: 7/23/2021 @ $0.1036
Current Per-Share: $0.0827
Actual Cash
30.63%
This is the actual amount of cash when
accounting for the positions in this table.
This Week’s Moves
Speculation is as Speculation Does…
Speculative investing is certainly challenging. Determining when to buy (or add) to a position can be entirely a matter of timing. Sometimes, buying a highly-speculative investment during a market-wide selloff is the right move, while other times an investor may be better-served waiting for a stock- or sector-specific bad news event.
Regardless, I find that speculative investing requires a lot more patience than “normal” investing (if any investing can be truly called “normal”). Whereas there’s almost never a bad time to buy a blue chip stock like Apple (AAPL), most of the positions in my Speculation in Play portfolio require a much finer touch.
As a result, here I am – for the third week in a row – having made absolutely no moves – neither buying nor selling – in my speculative portfolio.
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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