September 16, 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).

Get Irked's Speculation in Play - September 16, 2022

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The Week’s Biggest Winner & Loser

DraftKings (DKNG)

With this year’s first week of NFL seeing more viewers than ever and gambling taking off, all of the “gaming” stocks saw a pop this week despite the market selloff. DraftKings (DKNG) earned +5.50%, easily making it the Week’s Biggest Winner.

Golden Minerals (AUMN)

Despite gold seeing an increase in price throughout this week, investors still eye the entire mining space with a great deal of skepticism, and, naturally, the speculative miners get hit even harder. Golden Minerals (AUMN) dropped -17.86% this week alone, sliding in as the Week’s Biggest Loser.

Portfolio Allocation

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Positions

%

Target Position Size

Get Irked - Speculation in Play - Current Holdings - September 16, 2022

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Portfolio Breakdown

Get Irked - Year-to-Date Performance - Investments in Play vs. Speculation in Play - 2022 Year-to-Date Performance

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Year-to-Date Performance

Current Position Performance

AMD (AMD)

+534.14%*

1st Buy: 1/10/2019 @ $19.54
Current Per-Share: -($132.50)

Pinterest (PINS)

+357.87%*

1st Buy: 5/16/2019 @ $25.72
Current Per-Share: -($13.50)*

Yeti (YETI)

+340.52%*

1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$45.80)*

Virgin Galactic (SPCE)

+157.87%*

1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$5.65)*

Tradeweb Mkts (TW)

+150.05%*

1st Buy: 4/8/2019 @ $39.22
Current Per-Share: -($23.54)*

Airlines ETF (JETS)

+63.58%

1st Buy: 5/14/2020 @ $11.30
Current Per-Share: $10.40

Carnival Cruise (CCL)

+41.00%

1st Buy: 3/12/2020 @ $17.25
Current Per-Share: $7.64

Las Vegas Sands (LVS)

+29.23%

1st Buy: 8/12/2021 @ $40.50
Current Per-Share: $29.90

Uranium ETF (URA)

+23.40%

1st Buy: 2/23/2021 @ $17.97
Current Per-Share: $17.70

Wendy’s (WEN)

-16.66%

1st Buy: 6/9/2021 @ $28.50
Current Per-Share: $23.83

DraftKings (DKNG)

-33.33%

1st Buy: 1/29/2021 @ $52.97
Current Per-Share: $27.90

Zillow (Z)

-36.86%

1st Buy: 11/18/2021 @ $57.13
Current Per-Share: $54.10

Golden Mine. (AUMN)

-46.22%

1st Buy: 7/29/2021 @ $0.5316
Current Per-Share: $0.4277

Palantir (PLTR)

-53.94%

1st Buy: 2/12/2021 @ $31.50
Current Per-Share: $16.90

Danimer Sci (DNMR)

-62.40%

1st Buy: 10/20/2021 @ $15.00
Current Per-Share: $10.00

Grow Gen. (GRWG)

-74.48%

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)

+241.80%*

1st Buy: 3/6/2020 @ $76.94
Current Per-Share: -($0.06)*

General Electric (GE)

+63.54%*

1st Buy: 12/12/2018 @ $54.80
Current Per-Share: -($63.21)*

Canadian Pal (DCNNF)

-20.27%

1st Buy: 7/19/2021 @ $0.1000
Current Per-Share: $0.0691

Fabled Gold (FBSGF)

-55.14%

1st Buy: 7/23/2021 @ $0.1036
Current Per-Share: $0.0827

Actual Cash

36.50%

This is the actual amount of cash when
accounting for the positions in this table.

This Week’s Moves

Las Vegas Sands (LVS): Profit-Taking

Last week’s rally continued this week with gaming/gambling stocks seeing a pop as online gambling’s popularity rose with the start of the NFL season. Las Vegas Sands (LVS) saw a nice boost, too, triggering my next sell order which filled on Monday at $38.90.

The sale locked in +23.30% in gains on shares I bought almost exactly four months ago for $31.55 on May 10, and lowered my per-share cost -7.00% from $32.15 down to $29.90.

From here, my next sell target is $46.70, slightly below a consistent point of resistance in the past, and my next buy target is $28.90, right above LVS’ 2022 low of $28.88 set in May.

LVS closed the week at $38.64, down -0.67% from where I took profits Monday.

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!

Don't get mad, Get Irked and learn how to invest for yourself!

 

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.