March 24, 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
Danimer Scientific (DNMR)
Danimer Scientific (DNMR) is up to its wacky hijinks once more, rocketing +23.92% on no real news (outside of some ongoing court litigation…) and locking in the spot of the Week’s Biggest Winner.
Natural Gas (UNG)
When the global economy looks like it’s falling to shambles, the need for energy drops, too, which is why the U.S. Natural Gas Fund (UNG) had yet another bad week. UNG dropped -6.03% this week, locking in the spot of the Week’s Biggest Loser.
Portfolio Allocation
Positions
%
Target Position Size
Current Position Performance
AMD (AMD)
+595.48%*
1st Buy: 1/10/2019 @ $19.54
Current Per-Share: (-$135.01)*
Pinterest (PINS)
+376.68%*
1st Buy: 5/16/2019 @ $25.72
Current Per-Share: -($29.14)*
Yeti (YETI)
+359.75%*
1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$45.80)*
Airlines ETF (JETS)
+338.03%
1st Buy: 5/14/2020 @ $11.30
Current Per-Share: 3.95
Virgin Galactic (SPCE)
+138.64%*
1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$3.60)*
Carnival Cruise (CCL)
+102.53%
1st Buy: 3/12/2020 @ $17.25
Current Per-Share: $4.56
Uranium ETF (URA)
+5.78%
1st Buy: 2/23/2021 @ $17.97
Current Per-Share: $17.66
Lyft (LYFT)
+1.96%
1st Buy: 3/2/2023 @ $9.75
Current Per-Share: $9.70
Short SPY (SPXU)
+1.15%
1st Buy: 3/9/2023 @ $14.75
Current Per-Share: $14.75
Regional Banks ETF (KRE)
-0.41%
1st Buy: 3/13/2023 @ $44.17
Current Per-Share: $43.70
Short QQQ (QID)
-4.88%
1st Buy: 3/7/2023 @ $20.20
Current Per-Share: $19.68
Zillow (Z)
-12.49%
1st Buy: 11/18/2021 @ $57.13
Current Per-Share: $49.65
U.S. Natural Gas (UNG)
-14.76%
1st Buy: 1/30/2023 @ $9.30
Current Per-Share: $8.60
Golden Mine. (AUMN)
-32.19%
1st Buy: 7/29/2021 @ $0.5316
Current Per-Share: $0.3097
DraftKings (DKNG)
-43.44%
1st Buy: 1/29/2021 @ $52.97
Current Per-Share: $31.35
Canadian Pal (DCNNF)
-46.02%
1st Buy: 7/19/2021 @ $0.1000
Current Per-Share: $0.0691
Palantir (PLTR)
-48.76%
1st Buy: 2/12/2021 @ $31.50
Current Per-Share: $16.00
Danimer Sci (DNMR)
-69.71%
1st Buy: 10/20/2021 @ $15.00
Current Per-Share: $8.55
Grow Gen. (GRWG)
-78.02%
1st Buy: 10/30/2020 @ $16.04
Current Per-Share: $15.65
Fabled Gold (FBSGF)
-89.29%
1st Buy: 7/23/2021 @ $0.5180
Current Per-Share: $0.4135
* Indicates a position where the capital investment was sold.
Profit % for * positions = Current Total Profit / Original Capital Investment
This Week’s Moves
Short QQQ (QID): Added to Position x 2
As the markets rallied into the Federal Reserve meeting on Tuesday, the ProShares Short QQQ (QID) ETF sold off, triggering my next buy order which filled at $19.15.
On Wednesday, QID seemed to be leveling off as the markets waited in anticipation of the Fed decision. Since I remain bearish, and this position is, realistically, incredibly small, I decided to add again at $18.80, giving me an $18.98 average buy price, and the combined buys lowered my per-share cost -2.33% from $20.15 to $19.68.
From here, my next buy target is $18.00, above a past point of support, and my next sell target is $21.60, under a recent point of resistance.
QID closed the week at $18.72, down -1.37% from my $18.98 average buy price.
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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