January 6, 2023
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
Carnival Cruiselines (CCL)
Carnival Cruiselines (CCL) really took off this week after announcing that demand for cruises had increased so rapidly that the company was raising prices and still seeing steady demand. As a result, CCL cruised (sorry) +14.14%, landing the top spot and becoming this week’s Biggest Winner.
Danimer Scientific (DNMR)
Your company has to really stink to not perform when the rest of the market rallies. In fact, Danimer Scientific’s (DNMR) -3.35% loss this week fills me with the sinking feeling that this one might truly go to zero. Regardless, such a pitiful showing in a green week certainly formulates the spot of the Week’s Biggest Loser for Danimer. Ick.
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)
+480.25%*
1st Buy: 1/10/2019 @ $19.54
Current Per-Share: -($30.00)
Yeti (YETI)
+371.45%*
1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$45.80)*
Pinterest (PINS)
+353.59%*
1st Buy: 5/16/2019 @ $25.72
Current Per-Share: -($13.50)*
Tradeweb Mkts (TW)
+154.36%*
1st Buy: 4/8/2019 @ $39.22
Current Per-Share: -($23.48)*
Las Vegas Sands (LVS)
+136.02%
1st Buy: 8/12/2021 @ $40.50
Current Per-Share: $21.85
Virgin Galactic (SPCE)
+131.26%*
1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$3.60)*
Airlines ETF (JETS)
+115.70%
1st Buy: 5/14/2020 @ $11.30
Current Per-Share: $8.54
Carnival Cruise (CCL)
+31.43%
1st Buy: 3/12/2020 @ $17.25
Current Per-Share: $7.00
Uranium ETF (URA)
+19.61%
1st Buy: 2/23/2021 @ $17.97
Current Per-Share: $17.70
Zillow (Z)
-25.02%
1st Buy: 11/18/2021 @ $57.13
Current Per-Share: $47.85
Golden Mine. (AUMN)
-32.19%
1st Buy: 7/29/2021 @ $0.5316
Current Per-Share: $0.4277
DraftKings (DKNG)
-58.32%
1st Buy: 1/29/2021 @ $52.97
Current Per-Share: $27.90
Palantir (PLTR)
-62.11%
1st Buy: 2/12/2021 @ $31.50
Current Per-Share: $16.89
Grow Gen. (GRWG)
-73.23%
1st Buy: 10/30/2020 @ $16.04
Current Per-Share: $15.65
Danimer Sci (DNMR)
-79.77%
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 positions will be updated weekly in the table below.
Chevron (CVX)
+275.10%*
1st Buy: 3/6/2020 @ $76.94
Current Per-Share: -($0.06)*
General Electric (GE)
+75.99%*
1st Buy: 12/12/2018 @ $54.80
Current Per-Share: -($82.71)*
Canadian Pal (DCNNF)
-51.96%
1st Buy: 7/19/2021 @ $0.1000
Current Per-Share: $0.0691
Fabled Gold (FBSGF)
-72.79%
1st Buy: 7/23/2021 @ $0.1036
Current Per-Share: $0.0827
Actual Cash
42.74%
This is the actual amount of cash when
accounting for the positions in this table.
This Week’s Moves
General Electric (GE): Company Spinoff
There are those rare times where something truly different happens with a stock. In this case, General Electric (GE), part of my “Cash Position,” finally spun off its healthcare division, GE Healthcare Technologies, which trades under the ticker GEHC on Tuesday, January 3.
All GE shareholders received one share of GEHC for every three shares of GE they held. Rather than hang on to the shares, I opted for a cash payout since I don’t want to add more positions (at least not those) to this portfolio at this time.
As a result, the payout, basically a substantial dividend as it was valued at 20% of the value of GE at the time, lowered my per-share cost -$19.70 from -$63.01 down to -$82.71 (a negative per-share cost indicates all capital has been removed in addition to $82.71 per share added to the portfolio’s bottom line in addition to each share’s current value).
Not too bad at all for just hanging on to shares of a winning position.
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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