December 9, 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)
Because of its focus on digitizing markets, Tradeweb Markets (TW) tends to dance to the beat of its own drum, as was evident this week when the vast majority of the portfolio dropped while Tradeweb earned +1.78%, locking in its spot as the Week’s Biggest Winner.
GrowGeneration (GRWG)
When a sector, cannabis, in this case, rides high based on the prospect of significant legislation being passed only to have that legislation potentially fall through, well, bad things happen. GrowGeneration (GRWG) dropped -25.44% this week alone, not as bad as others in its sector, but certainly bad enough to swing into the Week’s Biggest Loser spot.
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)
+503.91%*
1st Buy: 1/10/2019 @ $19.54
Current Per-Share: -($30.00)
Yeti (YETI)
+383.22%*
1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$45.80)*
Pinterest (PINS)
+341.24%*
1st Buy: 5/16/2019 @ $25.72
Current Per-Share: -($13.50)*
Tradeweb Mkts (TW)
+150.51%*
1st Buy: 4/8/2019 @ $39.22
Current Per-Share: -($23.51)*
Virgin Galactic (SPCE)
+147.64%*
1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$4.45)*
Las Vegas Sands (LVS)
+116.38%
1st Buy: 8/12/2021 @ $40.50
Current Per-Share: $21.85
Airlines ETF (JETS)
+111.95%
1st Buy: 5/14/2020 @ $11.30
Current Per-Share: $8.54
Carnival Cruise (CCL)
+26.57%
1st Buy: 3/12/2020 @ $17.25
Current Per-Share: $7.00
Uranium ETF (URA)
+10.80%
1st Buy: 2/23/2021 @ $17.97
Current Per-Share: $17.70
Wendy’s (WEN)
-2.44%
1st Buy: 6/9/2021 @ $28.50
Current Per-Share: $23.68
Zillow (Z)
-26.62%
1st Buy: 11/18/2021 @ $57.13
Current Per-Share: $47.85
Golden Mine. (AUMN)
-41.26%
1st Buy: 7/29/2021 @ $0.5316
Current Per-Share: $0.4277
DraftKings (DKNG)
-49.93%
1st Buy: 1/29/2021 @ $52.97
Current Per-Share: $27.90
Palantir (PLTR)
-57.88%
1st Buy: 2/12/2021 @ $31.50
Current Per-Share: $16.89
Grow Gen. (GRWG)
-61.79%
1st Buy: 10/30/2020 @ $16.04
Current Per-Share: $15.65
Danimer Sci (DNMR)
-76.14%
1st Buy: 10/20/2021 @ $15.00
Current Per-Share: $8.55
* 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)
+259.57%*
1st Buy: 3/6/2020 @ $76.94
Current Per-Share: -($0.06)*
General Electric (GE)
+70.99%*
1st Buy: 12/12/2018 @ $54.80
Current Per-Share: -($63.01)*
Canadian Pal (DCNNF)
-50.51%
1st Buy: 7/19/2021 @ $0.1000
Current Per-Share: $0.0691
Fabled Gold (FBSGF)
-71.52%
1st Buy: 7/23/2021 @ $0.1036
Current Per-Share: $0.0827
Actual Cash
35.24%
This is the actual amount of cash when
accounting for the positions in this table.
This Week’s Moves
Danimer Scientific (DNMR): Added to Position
Danimer Scientific (DNMR) continued its seemingly never-ending death spiral this week, plummeting under $2.00/shr where it triggered my next buy order on Wednesday at $1.90.
The buy lowered my per-share cost -10.94% from $9.60 to $8.55. It’s important to remember that I am well aware that I might be throwing good money after bad in this position, so I’ve severely limited the quantities I’m buying and I’ve already set the maximum amount I’m willing to risk in this stock. I am fully prepared to lose the entire amount.
DNMR has been an raging dumpster fire since I first opened it more than a year ago on October 20, 2021, and while I have lowered my per-share cost -43.00% since I first bought it, I am devilishly underwater in this one and am very aware it could go bankrupt at any moment. Ick.
From here, my next buy target is around $1.10, near the key $1.00 psychological support point and a key support developed using Fibonacci Retracement. My next sell target is $9.05, just below a past point of resistance.
DNMR closed the week at $2.04, up +7.37% from where I added 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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