May 12, 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
Palantir Tech (PLTR)
Palantir Technologies (PLTR) rocketed higher this week after delivering the double-punch of a great earnings report and emphasizing their Artificial Intelligence (AI) offerings – the hot new buzzword for everything cool in stocks right now (… supposedly). As a result, PLTR jumped +28.21% this week, easily earning itself the spot of the Week’s Biggest Winner.
Golden Minerals (AUMN)
Gold rolled over this week, a move that is always magnified onto the miners but even more on the speculative miners. As far as speculative goes, they come no more speculative than Golden Minerals (AUMN), my unbelievably risky penny stock gold miner, which dropped -15.14% this week and landed in the spot of the 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)
+588.47%*
1st Buy: 1/10/2019 @ $19.54
Current Per-Share: (-$135.01)*
Yeti (YETI)
+367.04%*
1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$45.80)*
Airlines ETF (JETS)
+348.80%
1st Buy: 5/14/2020 @ $11.30
Current Per-Share: 3.95
Pinterest (PINS)
+336.26%*
1st Buy: 5/16/2019 @ $25.72
Current Per-Share: -($29.14)*
Virgin Galactic (SPCE)
+138.84%*
1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$3.00)*
Carnival Cruise (CCL)
+115.93%
1st Buy: 3/12/2020 @ $17.25
Current Per-Share: $4.56
Uranium ETF (URA)
+15.07%
1st Buy: 2/23/2021 @ $17.97
Current Per-Share: $17.66
Short SPY (SPXU)
-2.47`%
1st Buy: 3/9/2023 @ $14.75
Current Per-Share: $13.75
Short QQQ (QID)
-8.13%
1st Buy: 3/7/2023 @ $20.20
Current Per-Share: $18.75
Zillow (Z)
-9.73%
1st Buy: 11/18/2021 @ $57.13
Current Per-Share: $49.65
Lyft (LYFT)
-10.49%
1st Buy: 3/2/2023 @ $9.75
Current Per-Share: $9.15
Regional Banks ETF (KRE)
-16.05%
1st Buy: 3/13/2023 @ $44.17
Current Per-Share: $43.33
U.S. Natural Gas (UNG)
-19.52%
1st Buy: 1/30/2023 @ $9.30
Current Per-Share: $8.25
DraftKings (DKNG)
-24.94%
1st Buy: 1/29/2021 @ $52.97
Current Per-Share: $31.35
Golden Mine. (AUMN)
-32.12%
1st Buy: 7/29/2021 @ $0.5316
Current Per-Share: $0.2800
Palantir (PLTR)
-42.60%
1st Buy: 2/12/2021 @ $31.50
Current Per-Share: $16.55
Canadian Pal (DCNNF)
-46.46%
1st Buy: 7/19/2021 @ $0.1000
Current Per-Share: $0.0691
Danimer Sci (DNMR)
-65.73%
1st Buy: 10/20/2021 @ $15.00
Current Per-Share: $8.55
Grow Gen. (GRWG)
-72.89%
1st Buy: 10/30/2020 @ $16.04
Current Per-Share: $14.90
Fabled Gold (FBSGF)
-89.67%
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
Golden Minerals (AUMN): Added to Position
When gold rolled over on Thursday, all the gold miners got hit, too, particularly insanely, super-speculative, idiotically risky ones like my penny-stock Golden Minerals (AUMN), which fell through my next buy order at $0.1969.
The buy lowered my per-share cost -9.59% from $0.3097 to $0.2800. From here, my next buy target is $0.1337, above a past support level, and my next sell target is $0.2800, right at AUMN’s 2023 highs where I will pull capital out of this position.
Once again, this position is stupidly risky and I am only risking money that I am willing to lose entirely as there is a high chance of a complete loss happening.
AUMN closed the week at $0.1900, down -3.50% from where I added.
Lyft (LYFT): Added to Position
After announcing the company would be dumping money into growth rather than attempt to become profitable, Lyft (LYFT) entered freefall last week, and that selloff didn’t stop this week, either. On Friday, LYFT triggered my next buy order which filled at $8.25 and locked in a -21.05% discount replacing shares I sold for $10.45 on April 17.
The buy lowered my per-share cost -3.17% from $9.45 to $9.15. From here, my next buy target is $6.90, a price calculated using the Fibonacci Method, and my next sell target is $11.10, slightly under LYFT’s recent highs.
LYFT closed the week at $8.19, down -0.73% from where I added Friday.
Palantir Technologies (PLTR): Profit-Taking
It was time for some profit-taking in Palantir Technologies (PLTR) when it continued to rally on Wednesday following its blowout earnings report and announcement of outstanding artificial intelligence (AI) offerings on Monday evening. My sale order went through at $9.88, slightly under its $10.31 high from earlier in the year.
While the sale actually raised my per-share cost +3.44% from $16.00 to $16.55, it served the vital importance of locking in +61.17% in gains on shares I bought for $6.13 earlier this year on January 24. I expect PLTR to be range-bound and that it will pull back once again so I wanted to lock in gains even if it meant raising my per-share cost.
From here, my next sell target is $17.05, slightly above my new per-share cost and below the next level of resistance, and my next buy target is $6.95, slightly above the low PLTR saw earlier in May.
PLTR closed the week at $9.50, down -3.85% from where I took profits.
