July 7, 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
Lyft (LYFT)
Lyft (LYFT) was actually breaking down throughout a lot of the week. In fact, I closed my position entirely on Thursday during a pullback (read more details below). However, Lyft pulled a 180 (sorry) and finished the week up +5.21%, beating out the rest of the portfolio and parking in as the Week’s Biggest Winner.
Golden Minerals (AUMN)
Who would be the loser in the portfolio if it weren’t for Golden Minerals (AUMN), my highly speculative junior gold-mining play?
Seriously!
With a loss of -9.26%, Golden Minerals mined new depths for the third week in a row, earning itself the Hat Trick no one wants – being the Biggest Loser of the Week over and over and over again.
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)
+634.24%*
1st Buy: 1/10/2019 @ $19.54
Current Per-Share: (-$135.01)*
Pinterest (PINS)
+376.48%*
1st Buy: 5/16/2019 @ $25.72
Current Per-Share: -($29.14)*
Yeti (YETI)
+356.32%*
1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$45.80)*
Virgin Galactic (SPCE)
+132.10%*
1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$3.00)*
Airlines ETF (JETS)
+93.03%*
1st Buy: 5/14/2020 @ $11.30
Current Per-Share: (-$4.17)*
Carnival Cruise (CCL)
+83.68%*
1st Buy: 3/12/2020 @ $17.25
Current Per-Share: (-$0.21)*
Uranium ETF (URA)
+17.95%
1st Buy: 2/23/2021 @ $17.97
Current Per-Share: $17.66
Lyft (LYFT)
+6.40%
1st Buy: 3/2/2023 @ $9.75
Current Per-Share: **CLOSED**
Sprott Gold Trust (PHYS)
-0.13%
1st Buy: 6/5/2023 @ $15.25
Current Per-Share: $15.00
Regional Banks ETF (KRE)
-3.38%
1st Buy: 3/13/2023 @ $44.17
Current Per-Share: $42.93
Zillow (Z)
-3.69%
1st Buy: 11/18/2021 @ $57.13
Current Per-Share: $49.65
Palantir (PLTR)
-6.75%
1st Buy: 2/12/2021 @ $31.50
Current Per-Share: $16.45
Short SPY (SPXU)
-15.64`%
1st Buy: 3/9/2023 @ $14.75
Current Per-Share: $13.07
U.S. Natural Gas (UNG)
-16.85%
1st Buy: 1/30/2023 @ $9.30
Current Per-Share: $8.25
DraftKings (DKNG)
-19.37%
1st Buy: 1/29/2021 @ $52.97
Current Per-Share: $33.06
Short QQQ (QID)
-23.13%
1st Buy: 3/7/2023 @ $20.20
Current Per-Share: $17.52
Canadian Pal (DCNNF)
-58.03%
1st Buy: 7/19/2021 @ $0.1000
Current Per-Share: $0.0691
Danimer Sci (DNMR)
-71.81%
1st Buy: 10/20/2021 @ $15.00
Current Per-Share: $8.55
Golden Mine. (AUMN)
-76.92%
1st Buy: 7/29/2021 @ $13.29
Current Per-Share: $6.37
Grow Gen. (GRWG)
-77.38%
1st Buy: 10/30/2020 @ $16.04
Current Per-Share: $14.90
Fabled Gold (FBSGF)
-96.73%
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
Carnival Cruise Lines (CCL): Profit-Taking
After Carnival Cruise Lines (CCL) had an absolutely epic rally this year (it was the third biggest gainer in the S&P 500 after Nvidia and Meta, after all), I decided to use stop-limit sell orders in case it pulled back which it did on Thursday.
My sell order filled at $18.81, locking in just +9.04% in gains on shares I bought for $17.25 when I originally opened the position on March 12, 2020, but, more importantly, removed all of the remaining capital and some profits out of the position.
The sale lowered my per-share cost -$4.77 from $4.56 to -$0.21 (a negative per-share cost indicates all capital has been removed in addition to $0.21 per share added to the portfolio’s bottom line in addition to each share’s current value).
From here, my next sell target is $23.40, slightly below a key point of past resistance, and my next buy target is $8.80, above a point of support CCL has seen several times in 2023.
CCL closed the week at $19.04, up +1.22% from where I took profits Thursday.
Lyft (LYFT): *Position Closed: +6.4% Gain*
After its disappointing analyst meeting a few weeks ago, I started to put a lot of thought into my Lyft (LYFT) position. Despite the oligopoly in the ride-sharing sector with Uber (UBER) and Lyft as the only two real players, I just don’t have a lot of faith in Lyft’s management team’s ability to turn the company around in any kind of reasonable timeframe.
Accordingly, I used stop-loss limit sell orders in Lyft to close the position entirely if it broke support which it did on Thursday. The sell orders closed my position entirely at $9.61, giving me a final return of +6.4% in the position since opening the position this March.
While that’s a +19.20% gain annualized, I’m just happy to eliminate this one from the portfolio so I can use the capital elsewhere.
LYFT closed the week at $10.11, up +5.20% from where I closed it Thursday.
