October 7, 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
Grow Generation (GRWG)
It’s kind of funny how when the President pardons thousands of people who have been imprisoned for using your product that such an event could have an incredibly positive effect, huh?
Grow Generation (GRWG) and the rest of the recreational cannabis sector SKYROCKETED on Thursday, only to come back down to Earth on Friday following President Biden’s pardons.
GRWG still finished the week up +14.57%, earning itself the spot of the Week’s Biggest Winner.
Danimer Scientific (DNMR)
Makers (or trying to be, at least) of bioplastics, Danimer Scientific (DNMR) can’t catch a break or get out of its own way. The massive selloff later in the week took aim directly at DNMR, it seemed, knocking the stock down another -11.53% where it easily snagged the spot of the Week’s Biggest Loser… again.
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)
+451.83%*
1st Buy: 1/10/2019 @ $19.54
Current Per-Share: -($30.00)
Pinterest (PINS)
+359.78%*
1st Buy: 5/16/2019 @ $25.72
Current Per-Share: -($13.50)*
Yeti (YETI)
+319.21%*
1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$45.80)*
Virgin Galactic (SPCE)
+150.72%*
1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$4.45)*
Tradeweb Mkts (TW)
+134.73%*
1st Buy: 4/8/2019 @ $39.22
Current Per-Share: -($23.51)*
Airlines ETF (JETS)
+49.63%
1st Buy: 5/14/2020 @ $11.30
Current Per-Share: $10.40
Las Vegas Sands (LVS)
+42.17%
1st Buy: 8/12/2021 @ $40.50
Current Per-Share: $29.90
Uranium ETF (URA)
+14.98%
1st Buy: 2/23/2021 @ $17.97
Current Per-Share: $17.70
Carnival Cruise (CCL)
-11.29%
1st Buy: 3/12/2020 @ $17.25
Current Per-Share: $7.64
Wendy’s (WEN)
-19.30%
1st Buy: 6/9/2021 @ $28.50
Current Per-Share: $23.68
Golden Mine. (AUMN)
-37.10%
1st Buy: 7/29/2021 @ $0.5316
Current Per-Share: $0.4277
Zillow (Z)
-38.98%
1st Buy: 11/18/2021 @ $57.13
Current Per-Share: $47.85
DraftKings (DKNG)
-40.65%
1st Buy: 1/29/2021 @ $52.97
Current Per-Share: $27.90
Palantir (PLTR)
-51.75%
1st Buy: 2/12/2021 @ $31.50
Current Per-Share: $16.90
Danimer Sci (DNMR)
-73.95%
1st Buy: 10/20/2021 @ $15.00
Current Per-Share: $10.00
Grow Gen. (GRWG)
-75.70%
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)
+247.36%*
1st Buy: 3/6/2020 @ $76.94
Current Per-Share: -($0.06)*
General Electric (GE)
+62.65%*
1st Buy: 12/12/2018 @ $54.80
Current Per-Share: -($63.08)*
Canadian Pal (DCNNF)
-35.39%
1st Buy: 7/19/2021 @ $0.1000
Current Per-Share: $0.0691
Fabled Gold (FBSGF)
-54.23%
1st Buy: 7/23/2021 @ $0.1036
Current Per-Share: $0.0827
Actual Cash
34.73%
This is the actual amount of cash when
accounting for the positions in this table.
This Week’s Moves
Bouncy, Bouncy, but I’m still not buying, yet…
To anyone not watching the day-to-day gyrations of the stock market (and I recommend you don’t if you want to maintain your sanity and not end up like me), this week may have actually seemed like a good one since many positions finished the week higher than last week.
However, that truth belies a bigger truth – the market was up HUGE on Monday and Tuesday, with nearly all of the indexes rallying +5% or more, at some points, only for them to give nearly every, single penny back with a crushing selloff later in the week, the majority of it happening on Friday.
What that basically left me with was a week of nothing. Since none of my positions went high enough to take profits, there was no selling, and since many of my positions finished this week higher than where they were last week, I’m still waiting before I pull the trigger on any of them.
Like I said in last week’s Speculation in Play, the keys to being a good long-term investor are patience and the capability to deal with long periods of tedious boredom… sigh.
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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