September 29, 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)
Wow… I’m not sure we’ve ever seen this one win a week, but Danimer Scientific (DNMR) definitely pulled off the win this time, popping +13.74% on the back of news that Chevron (CVX) would be extending their partnership in developing more robust biodegradable plastics.
Sprott Gold (PHYS)
The precious yellow metal got hit hard when Treasury yields rose to 15-year highs this week, with the price plummeting. Since the Sprott Physical Gold Trust (PHYS) is a direct corollary to the price of gold, it dropped -4.60% which was enough to make it this 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)
+607.79%*
1st Buy: 1/10/2019 @ $19.54
Current Per-Share: (-$135.01)*
Yeti (YETI)
+398.31%*
1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$45.80)*
Pinterest (PINS)
+373.69%*
1st Buy: 5/16/2019 @ $25.72
Current Per-Share: -($29.14)*
Virgin Galactic (SPCE)
+93.63%*
1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$2.20)*
Airlines ETF (JETS)
+83.81%*
1st Buy: 5/14/2020 @ $11.30
Current Per-Share: (-$6.26)*
Uranium ETF (URA)
+71.03%
1st Buy: 2/23/2021 @ $17.97
Current Per-Share: $15.81
Carnival Cruise (CCL)
+60.54%*
1st Buy: 3/12/2020 @ $17.25
Current Per-Share: (-$0.21)*
Tilray Brands (TLRY)
+50.97%*
1st Buy: 9/21/2018 @ $128.97
Current Per-Share: -($7.00)*
Palantir (PLTR)
-0.65%
1st Buy: 2/12/2021 @ $31.50
Current Per-Share: $16.10
Short SPY (SPXU)
-0.82`%
1st Buy: 3/9/2023 @ $14.75
Current Per-Share: $12.05
Sprott Gold Trust (PHYS)
-2.90%
1st Buy: 6/5/2023 @ $15.25
Current Per-Share: $14.75
Zillow (Z)
-3.21%
1st Buy: 11/18/2021 @ $57.13
Current Per-Share: $47.69
DraftKings (DKNG)
-10.93%
1st Buy: 1/29/2021 @ $52.97
Current Per-Share: $33.06
Short QQQ (QID)
-11.24%
1st Buy: 3/7/2023 @ $20.20
Current Per-Share: $15.78
U.S. Natural Gas (UNG)
-17.21%
1st Buy: 1/30/2023 @ $9.30
Current Per-Share: $8.25
Canadian Pal (DCNNF)
-63.24%
1st Buy: 7/19/2021 @ $0.1000
Current Per-Share: $0.0691
Danimer Sci (DNMR)
-75.79%
1st Buy: 10/20/2021 @ $15.00
Current Per-Share: $8.55
Grow Gen. (GRWG)
-80.40%
1st Buy: 10/30/2020 @ $16.04
Current Per-Share: $14.90
Golden Mine. (AUMN)
-89.98%
1st Buy: 7/29/2021 @ $13.29
Current Per-Share: $6.37
Fabled Gold (FBSGF)
-96.69%
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
Nasdaq-100 Short ETF (QID): Dividend Reinvestment
The dividend for my position in the ProShares UltraShort QQQ Inverse ETF (QID) paid out on Wednesday, lowering my per-share cost -1.07% from $15.95 down to $15.78.
Accordingly, I’ve adjusted my buy and sell price targets with my next buy target at $12.37, above a point of support QID saw back in July and August, and my next sell target is $15.82, slightly above my cost basis, and below a key point of resistance where I will substantially reduce the allocation of this short.
S&P 500 Short ETF (SPXU): Profit-Taking
After receiving the quarterly dividend payout for my ProShares UltraPro Short S&P 500 Inverse ETF (SPXU) on Tuesday which lowered my per-share cost -1.39% from $12.25 to $12.08, the subsequent selloff on Wednesday triggered my first sell order.
The sale sold 17.83% of the position at $12.20, locked in +19.65% in gains on shares I bought in July and August for an average price of $10.20. When combined with dividend, the moves lowered the per-share cost a total -1.63% from $12.25 to $12.05.
From here, my next sell target is $12.69, below a past point of resistance, and my next buy target is $10.35, above a recent point of support.
SPXU closed the week at $11.95, down -2.05% from where I took profits.
Sprott Physical Gold Trust (PHYS): Added to Position
The precious metal got positively annihilated this week which meant, naturally, so did all of the gold-related stocks including the Sprott Physical Gold Trust (PHYS). On Friday, PHYS finally hit my next buy target, adding 6.09% to the position at $14.33 and locking in a -6.58% discount replacing shares I sold for $15.34 on July 20.
The buy also modestly lowered my per-share cost -0.94% from $14.89 to $14.75. From here, my next buy target is $14.01, slightly above a past point of support, and my next sell target is $15.94, right around PHYS’ 2023 high.
PHYS closed the week at $14.32, down -$0.01 from where I added Friday.
Tilray Brands (TLRY): Added to Position
Tilray Brands (TLRY) dipped down and retested support on Wednesday, filling my next buy order which added 4.74% to the position at $2.39. The buy locked in a 98.63% discount replacing some of the shares I sold for $174.83 way back on October 16, 2018.
The buy also raised my per-share “cost” +$3.76 from -$10.76 to -$7.00 (a negative per-share cost indicates all capital has been removed in addition to $7.00 per share added to the portfolio’s bottom line in addition to each share’s current value).
From here, my next buy target is $2.00, a psychological level of support, and my next sell target is $54.79, under a key point of resistance Tilray saw in 2021.
TLRY closed the week at $2.39, unchanged from where I added Wednesday.
