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).

Golden Minerals (AUMN)

On the back of an equity distribution diluting the stock price further (man, this company is terrible), Golden Minerals (AUMN) dropped another-12.43% this week. In a week that was generally positive for much of the market, this locked in AUMN as the Week’s Biggest Loser for the second week in a row!

Regional Banks ETF (KRE): Dividend Payout

The Regional Banks ETF (KRE) paid out its quarterly dividend on Monday. Whereas in my Investments in Play and Pandemic Portfolios, I do reinvest dividends, when I’m holding positions as long-term trades in my Speculation in Play portfolio, I just to accept the dividends as a cash payout.

Regardless, the dividends serve the same purpose – to reduce my per-share cost. In the case of KRE, the dividend lowered my per-share cost -0.92% from $43.33 down to $42.93. From here, my next buy target is $34.55, slightly above KRE’s March lows and my next sell target is $56.23, just below a past point of resistance.

Short QQQ & S&P 500 ETFs (QID/SPXU): Dividend Payout

As strange as it is to think a leveraged inverse ETF would even pay out a dividend, both the QID and SPXU paid out their quarterly dividends on Wednesday. Just like the KRE, I choose to receive these dividends as cash payouts rather than additional shares as I’m not certain how long I’ll be holding on to the positions.

The SPXU dividend lowered my per-share cost -0.98% from $13.20 to $13.07. My next buy target is now $10.29 and my next sell target is now $13.76.

The QID dividend lowered my per-share cost -0.74% from $17.65 to $17.52 My next buy target is $12.61 and my next sell target is $17.73.