December 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).
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The Week’s Biggest Winner & Loser
Golden Minerals (AUMN)
The funny thing about penny stocks is, sometimes, they just move for absolutely no reason (probably the whim of a madman…). This time, Golden Minerals (AUMN) decided to pop +17.44%, a decided victory in a Week of Red, earning AUMN the spot of the Week’s Biggest Loser.
GrowGeneration (GRWG)
The market still isn’t done punishing the cannabis sector. Even after a few weeks of devastating selloffs, the entire sector is getting slammed with GrowGeneration (GRWG) taking another -17.22% hit this week, making it the Week’s Biggest Loser in a portfolio full of losers.
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)
+487.66%*
1st Buy: 1/10/2019 @ $19.54
Current Per-Share: -($30.00)
Yeti (YETI)
+371.74%*
1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$45.80)*
Pinterest (PINS)
+356.85%*
1st Buy: 5/16/2019 @ $25.72
Current Per-Share: -($13.50)*
Tradeweb Mkts (TW)
+147.67%*
1st Buy: 4/8/2019 @ $39.22
Current Per-Share: -($23.51)*
Virgin Galactic (SPCE)
+138.64%*
1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$3.60)*
Las Vegas Sands (LVS)
+117.35%
1st Buy: 8/12/2021 @ $40.50
Current Per-Share: $21.85
Airlines ETF (JETS)
+104.28%
1st Buy: 5/14/2020 @ $11.30
Current Per-Share: $8.54
Carnival Cruise (CCL)
+20.57%
1st Buy: 3/12/2020 @ $17.25
Current Per-Share: $7.00
Uranium ETF (URA)
+10.12%
1st Buy: 2/23/2021 @ $17.97
Current Per-Share: $17.70
Wendy’s (WEN)
+1.95%
1st Buy: 6/9/2021 @ $28.50
Current Per-Share: -CLOSED-
Zillow (Z)
-24.66%
1st Buy: 11/18/2021 @ $57.13
Current Per-Share: $47.85
Golden Mine. (AUMN)
-31.02%
1st Buy: 7/29/2021 @ $0.5316
Current Per-Share: $0.4277
DraftKings (DKNG)
-56.56%
1st Buy: 1/29/2021 @ $52.97
Current Per-Share: $27.90
Palantir (PLTR)
-59.18%
1st Buy: 2/12/2021 @ $31.50
Current Per-Share: $16.89
Grow Gen. (GRWG)
-68.37%
1st Buy: 10/30/2020 @ $16.04
Current Per-Share: $15.65
Danimer Sci (DNMR)
-79.88%
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)
+263.27%*
1st Buy: 3/6/2020 @ $76.94
Current Per-Share: -($0.06)*
General Electric (GE)
+69.11%*
1st Buy: 12/12/2018 @ $54.80
Current Per-Share: -($63.01)*
Canadian Pal (DCNNF)
-49.35%
1st Buy: 7/19/2021 @ $0.1000
Current Per-Share: $0.0691
Fabled Gold (FBSGF)
-72.91%
1st Buy: 7/23/2021 @ $0.1036
Current Per-Share: $0.0827
Actual Cash
42.18%
This is the actual amount of cash when
accounting for the positions in this table.
This Week’s Moves
Virgin Galactic (SPCE): Added to Position
Virgin Galactic (SPCE) made a new all-time low on Friday when it sold off with the rest of the market, triggering my next buy order which filled at $4.06. The buy locked in an astounding -89.94% discount replacing some of the shares I sold for $40.36 back on January 26, 2021.
From here, my next buy target is $2.45, a price calculated using the Fibonacci Method, and my next sell target is $19.80, below a past point of resistance.
SPCE closed the week at $4.10, up +0.99% from where I added Friday.
Wendy’s (WEN): *Closed Position*
My position in Wendy’s (WEN) initially started in June 2021 when Wendy’s briefly became part of the “meme stock” movement – stocks that rose spectacularly in price not because of fundamental valuations, but because of a group of traders from a subgroup on the social media site Reddit called Wall St Bets.
I decided to try my hand at this meme stock because WEN was the only one the memesters chose that actually had some reasonable fundamentals. Of course, the memesters left as quickly as they came, resulting in me managing the position for over a year and a half before finally closing it when the markets popped on Tuesday.
I didn’t close my Wendy’s position because I don’t think the company is a good long-term investment, I did so because it doesn’t fit with the theme of this speculative portfolio without being a meme stock.
My sale went through at $23.69, selling the entire position. Now, while the lifetime profit for this position was ridiculously small at +1.95%, given that the entire market is down huge since June 2021, coming away better than flat made storing my money in WEN not such a bad turnaround, after all!
Farewell, Wendy’s, you weren’t too bad to me!
WEN closed the week at $23.10, down -2.49% from where I closed it on Tuesday.
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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