October 13, 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
Golden Minerals (AUMN)
Gold saw a remarkable +5.26% rally this week on the back of the geopolitical concerns, a move which is magnified in the miners, naturally.
Even the crappiest of crappy miners, Golden Minerals (AUMN), saw a huge boost, with AUMN rallying a whopping +31.98% to shine as the Week’s Biggest Winner.
Grow Generation (GRWG)
With all legislation stalled on Capitol Hill until the House can get a new Speaker (and, likely, until after the Continuing Resolution runs out in November), the cannabis stocks have been getting slammed since there’s no timeline for the passage of the SAFE Banking Act currently in the Senate.
Grow Generation (GRWG) got hit the worst in this portfolio, dropping -7.61% this week and coming in as 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)
+613.60%*
1st Buy: 1/10/2019 @ $19.54
Current Per-Share: (-$135.01)*
Pinterest (PINS)
+371.19%*
1st Buy: 5/16/2019 @ $25.72
Current Per-Share: -($29.14)*
Yeti (YETI)
+367.21%*
1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$45.80)*
Virgin Galactic (SPCE)
+89.65%*
1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$2.20)*
Airlines ETF (JETS)
+79.76%*
1st Buy: 5/14/2020 @ $11.30
Current Per-Share: (-$6.26)*
Uranium ETF (URA)
+59.90%
1st Buy: 2/23/2021 @ $17.97
Current Per-Share: $15.81
Carnival Cruise (CCL)
+54.19%*
1st Buy: 3/12/2020 @ $17.25
Current Per-Share: (-$0.21)*
Tilray Brands (TLRY)
+48.86%*
1st Buy: 9/21/2018 @ $128.97
Current Per-Share: -($5.00)*
Palantir (PLTR)
+7.83%
1st Buy: 2/12/2021 @ $31.50
Current Per-Share: $16.10
Sprott Gold Trust (PHYS)
+2.16%
1st Buy: 6/5/2023 @ $15.25
Current Per-Share: $14.60
Short SPY (SPXU)
-2.18`%
1st Buy: 3/9/2023 @ $14.75
Current Per-Share: $11.90
U.S. Natural Gas (UNG)
-9.21%
1st Buy: 1/30/2023 @ $9.30
Current Per-Share: $8.25
Zillow (Z)
-10.23%
1st Buy: 11/18/2021 @ $57.13
Current Per-Share: $47.69
DraftKings (DKNG)
-13.62%
1st Buy: 1/29/2021 @ $52.97
Current Per-Share: $33.06
Short QQQ (QID)
-13.80%
1st Buy: 3/7/2023 @ $20.20
Current Per-Share: $15.65
Canadian Pal (DCNNF)
-64.55%
1st Buy: 7/19/2021 @ $0.1000
Current Per-Share: $0.0691
Danimer Sci (DNMR)
-79.88%
1st Buy: 10/20/2021 @ $15.00
Current Per-Share: $8.25
Grow Gen. (GRWG)
-82.89%
1st Buy: 10/30/2020 @ $16.04
Current Per-Share: $14.90
Golden Mine. (AUMN)
-86.95%
1st Buy: 7/29/2021 @ $13.29
Current Per-Share: $6.37
Fabled Gold (FBSGF)
-97.46%
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 Nasdaq-100 ETF (QID): Added to Position
On Tuesday, the continued rally pushed my ProShares UltraShort QQQ ETF (QID) through my next buy target, filling at $13.30 and adding 4.44% to my allocation. The buy lowered my per-share cost -0.82% from $15.78 to $15.65.
From here, my next buy target is $12.90, right at QID’s low this week, and my next sell target is $16.60, just under a key point of resistance.
QID closed the week at $13.49, up +1.43% from where I added Tuesday.
Short S&P 500 ETF (SPXU): Added to Position x 2
Monday’s intraday rally caused the ProShares UltraPro Short S&P 500 ETF (SPXU) to sell off, triggering my next buy order at $11.52 which added 4.92% to my allocation and locked in a -7.32% discount replacing some of the shares I sold for $12.43 on October 3.
On Wednesday, I added another 4.79% at $11.25, giving me an average buy price of $11.39 and locking in a -9.49% discount replacing the remainder of the shares I sold for $12.43 on October 3.
The combined buys lowered my per-share cost -0.75% from $11.99 to $11.90. From here, my next buy target is $10.70, above a past point of support, and my next sell target is $12.55, just under SPXU’s recent high.
SPXU closed the week at $11.64, up +2.19% from my $11.39 average buy.
Tilray Brands (TLRY): Added to Position
With Kevin McCarthy being ousted as Speaker of the House of Representatives and no replacement, no legislation will be presented or passed until a new replacement is named, so the SAFE Banking Bill will be frozen for the time being. Combine that with the high interest rate environment and the Hamas attack on Israel, and all stocks, but cannabis, in particular, started off the week down.
Tilray Brands (TLRY) triggered my next buy order which filled on Monday at $2.00, adding 4.16% to my allocation. The buy locked in a -98.86% discount replacing some of the shares I sold for $174.83 on October 16, 2018.
Additionally, the buy raised my per-share “cost” +$2.00, from -$7.00 to -$5.00 (a negative per-share cost indicates all capital has been removed in addition to $5.00 per share added to the portfolio’s bottom line in addition to each share’s current value).
From here, my next buy target is $1.80, slightly above TLRY’s next level of support, and my next sell target is $54.59, slightly below a key point of resistance Tilray saw in 2021.
TLRY closed the week at $2.00, unchanged from where I added Monday.
