December 30, 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
Danimer Scientific (DNMR)
Danimer Scientific (DNMR) actually closed out 2023 by pulling out a win this week, popping +8.43% and landing the spot of the Week’s Biggest Winner. However, that win is bittersweet as it’s completely overshadowed by a year-end performance of a devastating -78.87% loss, making Danimer the BIGGEST LOSER OF THE YEAR for the entire portfolio! YOWTCH!
GrowGeneration (GRWG)
The disappointment over Congress’s inability to pass the SAFE Banking Act for recreational cannabis retailers in the U.S. continues to weigh on the entire sector. GrowGeneration (GRWG) brings up the rear this week, with its -7.53% loss landing it smack in the middle of the spot for 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)
+484.39%*
1st Buy: 1/10/2019 @ $19.54
Current Per-Share: -($30.00)
Yeti (YETI)
+369.03%*
1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$45.80)*
Pinterest (PINS)
+351.82%*
1st Buy: 5/16/2019 @ $25.72
Current Per-Share: -($13.50)*
Tradeweb Mkts (TW)
+151.31%*
1st Buy: 4/8/2019 @ $39.22
Current Per-Share: -($23.48)*
Virgin Galactic (SPCE)
+127.30%*
1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$3.60)*
Las Vegas Sands (LVS)
+120.00%
1st Buy: 8/12/2021 @ $40.50
Current Per-Share: $21.85
Airlines ETF (JETS)
+99.66%
1st Buy: 5/14/2020 @ $11.30
Current Per-Share: $8.54
Carnival Cruise (CCL)
+15.07%
1st Buy: 3/12/2020 @ $17.25
Current Per-Share: $7.00
Uranium ETF (URA)
+13.51%
1st Buy: 2/23/2021 @ $17.97
Current Per-Share: $17.70
Zillow (Z)
-32.73%
1st Buy: 11/18/2021 @ $57.13
Current Per-Share: $47.85
Golden Mine. (AUMN)
-35.91%
1st Buy: 7/29/2021 @ $0.5316
Current Per-Share: $0.4277
DraftKings (DKNG)
-59.14%
1st Buy: 1/29/2021 @ $52.97
Current Per-Share: $27.90
Palantir (PLTR)
-62.02%
1st Buy: 2/12/2021 @ $31.50
Current Per-Share: $16.89
Grow Gen. (GRWG)
-74.89%
1st Buy: 10/30/2020 @ $16.04
Current Per-Share: $15.65
Danimer Sci (DNMR)
-78.95%
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)
+279.68%*
1st Buy: 3/6/2020 @ $76.94
Current Per-Share: -($0.06)*
General Electric (GE)
+72.11%*
1st Buy: 12/12/2018 @ $54.80
Current Per-Share: -($63.01)*
Canadian Pal (DCNNF)
-51.09%
1st Buy: 7/19/2021 @ $0.1000
Current Per-Share: $0.0691
Fabled Gold (FBSGF)
-74.77%
1st Buy: 7/23/2021 @ $0.1036
Current Per-Share: $0.0827
Actual Cash
42.71%
This is the actual amount of cash when
accounting for the positions in this table.
This Week’s Moves
Well, at least THAT’S over…
What a year 2022 was for stocks – just awful. In fact, across the board in every index, 2022 was the worst year since 2008, and it certainly felt that way!
Over in Get Irked, the weirdest standout was that the Speculation in Play portfolio, obviously the more risk-oriented portfolio, actually outperformed the Investments in Play portfolio.
The only way I figure that happened was maybe the majority of the stinkers in the Spec portfolio got smacked toward the end of 2021 and didn’t have as far to fall as some of the more “reliable” stocks in the Investments portfolio.
Regardless, 2022 was a bad year for pretty much everything. To be honest, I don’t see much reason to get excited for 2023, either. I think it could be heavy-sledding for at least the first quarter or two. Maybe we’ll see some relief later in the year, but don’t get too ambitious… sentiment remains awful.
For more details, I’ve put added my video where I give my 2023 outlook including headwinds and potential positive catalysts down below.
Let me wish you and yours a very Happy New Year! I’ll see you here next year!
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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