August 19, 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
Tradeweb Markets (TW)
Digital marketplace transition platform provider Tradeweb Markets (TW) often reacts the opposite of the rest of the stock market and this week was no exception with Tradeweb finishing down -0.33% when the rest of the portfolio crashed dramatically.
Sure, -0.33% is still a down week, but with friends like these, that’s enough to earn Tradeweb the spot of Week’s Biggest Winner.
Golden Minerals (AUMN)
The past year has been rough on gold and the past year has been rough on speculative investments, so you can only imagine how rough the past year has been on Golden Minerals (AUMN), the speculative gold investment penny-stock in this portfolio.
AUMN got positively destroyed on Friday alone and finished the week down -17.25%, skidding in as 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)
+583.82%*
1st Buy: 1/10/2019 @ $19.54
Current Per-Share: -($132.50)
Yeti (YETI)
+371.15%*
1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$45.80)*
Pinterest (PINS)
+325.96%*
1st Buy: 5/16/2019 @ $25.72
Current Per-Share: -($8.85)*
Virgin Galactic (SPCE)
+172.42%*
1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$5.65)*
Tradeweb Mkts (TW)
+164.78%*
1st Buy: 4/8/2019 @ $39.22
Current Per-Share: -($23.54)*
Airlines ETF (JETS)
+74.06%
1st Buy: 5/14/2020 @ $11.30
Current Per-Share: $10.40
Carnival Cruise (CCL)
+29.33%
1st Buy: 3/12/2020 @ $17.25
Current Per-Share: $7.64
Las Vegas Sands (LVS)
+17.05%
1st Buy: 8/12/2021 @ $40.50
Current Per-Share: $32.15
Uranium ETF (URA)
+6.14%
1st Buy: 2/23/2021 @ $17.97
Current Per-Share: $18.50
Wendy’s (WEN)
-11.25%
1st Buy: 6/9/2021 @ $28.50
Current Per-Share: $23.83
DraftKings (DKNG)
-34.98%
1st Buy: 1/29/2021 @ $52.97
Current Per-Share: $27.90
Golden Mine. (AUMN)
-36.75%
1st Buy: 7/29/2021 @ $0.5316
Current Per-Share: $0.4277
Zillow (Z)
-37.86%
1st Buy: 11/18/2021 @ $57.13
Current Per-Share: $54.10
Palantir (PLTR)
-49.62%
1st Buy: 2/12/2021 @ $31.50
Current Per-Share: $16.90
Danimer Sci (DNMR)
-52.30%
1st Buy: 10/20/2021 @ $15.00
Current Per-Share: $10.00
Grow Gen. (GRWG)
-69.82%
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)
+241.61%*
1st Buy: 3/6/2020 @ $76.94
Current Per-Share: -($0.06)*
General Electric (GE)
+69.10%*
1st Buy: 12/12/2018 @ $54.80
Current Per-Share: -($63.21)*
Canadian Pal (DCNNF)
-30.54%
1st Buy: 7/19/2021 @ $0.1000
Current Per-Share: $0.0691
Fabled Gold (FBSGF)
-47.88%
1st Buy: 7/23/2021 @ $0.1036
Current Per-Share: $0.0827
Actual Cash
32.78%
This is the actual amount of cash when
accounting for the positions in this table.
This Week’s Moves
Golden Minerals (AUMN): Added to Position
On Friday, the whipsaw action that can take place in penny stocks smacked AUMN down -28.33% from its open at one point, triggering my next buy order which filled at $0.2609 and almost triggering the next buy order beneath that at $0.2006!
The buy lowered my per-share cost -3.736% from $0.4443 to $0.4277. As I mention every time, this is the riskiest kind of position and I am prepared to lose every single penny I put into it. Accordingly, the entire allocation (every dollar I’m willing to put into it) is roughly what I’m willing to risk on a March Madness bracket play or Fantasy Football. Risk management is vital in all positions, but especially in these highly-risky penny stocks.
From here, my next buy target is $0.2006 as I said above, a past point of support, and I am eyeing AUMN’s 2022 high of $0.6280 where I’ll take all of my capital out of the position. As insane as it sounds, that high is nearly 300% higher than AUMN’s low on Friday, and while it may seem crazy, that kind of movement is very doable in penny stocks (which is why so many fools like myself play in the space).
AUMN closed the week at $0.2705, up +3.68% from where I added Friday.
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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