December 2, 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)
With rumors swirling that Congress plans to pass the SAFE Banking Act during the lame duck session (an act that will allow cannabis producers to operate as legitimate businesses federally), all cannabis stocks have started rocketing. Grow Generation (GRWG) exploded another +37.33% to the upside, easily locking in the space as the Week’s Biggest Winner.
Danimer Scientific (DNMR)
Bioplastic manufacturer Danimer Scientific (DNMR) continues to take one step forward, two steps back. After being last week’s biggest winner, DNMR lost -19.35% this week, going from a winner to 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)
+536.57%*
1st Buy: 1/10/2019 @ $19.54
Current Per-Share: -($30.00)
Yeti (YETI)
+393.09%*
1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$45.80)*
Pinterest (PINS)
+357.31%*
1st Buy: 5/16/2019 @ $25.72
Current Per-Share: -($13.50)*
Virgin Galactic (SPCE)
+155.42%*
1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$4.45)*
Tradeweb Mkts (TW)
+148.57%*
1st Buy: 4/8/2019 @ $39.22
Current Per-Share: -($23.51)*
Las Vegas Sands (LVS)
+119.50%
1st Buy: 8/12/2021 @ $40.50
Current Per-Share: $21.85
Airlines ETF (JETS)
+119.32%
1st Buy: 5/14/2020 @ $11.30
Current Per-Share: $8.54
Carnival Cruise (CCL)
+42.86%
1st Buy: 3/12/2020 @ $17.25
Current Per-Share: $7.00
Uranium ETF (URA)
+18.71%
1st Buy: 2/23/2021 @ $17.97
Current Per-Share: $17.70
Wendy’s (WEN)
-2.82%
1st Buy: 6/9/2021 @ $28.50
Current Per-Share: $23.68
Zillow (Z)
-19.16%
1st Buy: 11/18/2021 @ $57.13
Current Per-Share: $47.85
Golden Mine. (AUMN)
-39.11%
1st Buy: 7/29/2021 @ $0.5316
Current Per-Share: $0.4277
DraftKings (DKNG)
-44.48%
1st Buy: 1/29/2021 @ $52.97
Current Per-Share: $27.90
Grow Gen. (GRWG)
-48.75%
1st Buy: 10/30/2020 @ $16.04
Current Per-Share: $15.65
Palantir (PLTR)
-54.62%
1st Buy: 2/12/2021 @ $31.50
Current Per-Share: $16.89
Danimer Sci (DNMR)
-76.56%
1st Buy: 10/20/2021 @ $15.00
Current Per-Share: $9.60
* 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)
+279.78%*
1st Buy: 3/6/2020 @ $76.94
Current Per-Share: -($0.06)*
General Electric (GE)
+73.63%*
1st Buy: 12/12/2018 @ $54.80
Current Per-Share: -($63.01)*
Canadian Pal (DCNNF)
-47.24%
1st Buy: 7/19/2021 @ $0.1000
Current Per-Share: $0.0691
Fabled Gold (FBSGF)
-73.52%
1st Buy: 7/23/2021 @ $0.1036
Current Per-Share: $0.0827
Actual Cash
33.83%
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
Las Vegas Sands (LVS) and the rest of the casinos popped early in the week based on two key news events. First, China reinstated the permits for those casinos operating in Macau to continue, and, then on Wednesday, stocks with Chinese exposure popped on the news that the Communist Party had decided to start relaxing certain Zero Covid Policy restrictions.
As a result, LVS triggered a sell order of mine Wednesday morning which filled at $46.00, locking in +35.10% in gains on shares I bought for $34.05 on March 14, and lowering my per-share cost -26.92% from $29.90 to $21.85.
From here, I’ve raised my buy target to $33.85, LVS’s low in October, and my next sell target is $66.70, just under LVS’s high in 2021.
LVS closed the week at $47.96, up +4.26% from where I sold Wednesday.
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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