June 26, 2020
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
Yeti (YETI)
As economies reopened and states eased restrictions, consumers headed outdoors… a great sign for Yeti (YETI) maker of coolers and equipment specifically for enjoying the outdoors. The stock jumped +5.62% in a down week, locking in nearly +20% for the year and earning itself the spot of the week’s Biggest Winner!
Twitter (TWTR)
Twitter (TWTR) really took it on the chin this week, losing -13.05% for the week’s Biggest Loser spot. After advertisers started leaving Facebook (FB) in droves over its failure to enforce hate and violent speech limitations, advertisers painted Twitter with the same brush, with some announcing a halt to all social media advertising in 2020.
Portfolio Allocation
Positions
%
Target Position Size
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Portfolio Breakdown
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Year-to-Date Performance
Current Position Performance
Yeti (YETI)
+826.17%*
1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$14.69)*
AMD (AMD)
+526.23%*
1st Buy: 1/10/2019 @ $19.54
Current Per-Share: (-$5.14)*
Virgin Galactic (SPCE)
+281.67%*
1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$0.15)*
Tradeweb Mkts (TW)
+217.73%*
1st Buy: 4/8/2019 @ $39.22
Current Per-Share: (-$10.09)*
Pinterest (PINS)
+198.32%
1st Buy: 5/16/2019 @ $25.72
Current Per-Share: $7.24
Airlines ETF (JETS)
+161.16%*
1st Buy: 5/14/2020 @ $11.30
Current Per-Share: (-$1.26)*
Carnival Cruise (CCL)
+129.21%*
1st Buy: 3/12/2020 @ $17.25
Current Per-Share: (-1.01)*
Chevron (CVX)
+56.69%
1st Buy: 3/12/2020 @ $76.94
Current Per-Share: $55.18
Twitter (TWTR)
+35.48%
1st Buy: 10/30/2019 @ $29.79
Current Per-Share: $21.46
General Electric (GE)
-1.77%
1st Buy: 3/6/2020 @ $9.40
Current Per-Share: $6.60
Revolve Group (RVLV)
-29.97%
1st Buy: 6/13/2019 @ $39.06
Current Per-Share: $21.58
* Indicates a position where the capital investment was sold.
Profit % for * positions = Current Gross Profit / Original Capital Investment
Super-Speculative Basket
Airlines ETF
JETS
Carnival Cruise
CCL
Virgin Galactic
SPCE
What is the Super-Speculative Basket?
The Super Speculative Basket (“Super-Spec”) is made up of a handful of stocks so incredibly volatile that I’m uncomfortable giving any of them full allocations in my portfolio, instead dividing a single allocation among all of them.
Currently, my Super-Spec stocks are as follows: the Airlines ETF (JETS), Carnival Cruise Lines (CCL), and Virgin Galactic (SPCE). They are listed as a single allocation in the portfolio breakdown chart each week.
This Week’s Moves
Pinterest (PINS): Profit-Taking
It was time to take more profits in Pinterest (PINS) when it made a stab at its high since the pandemic started on Tuesday with a sell order filling at $24.24. The sale took +81.44% in profits on 1/3 of the shares I bought back on March 12 for $13.36.
The sale also lowered my per-share cost -14.42% from $8.46 to $7.24. My next sell target for the stock is $26.85 and my next buy target is $13.85.
PINS closed the week at $21.61, down -10.85% from where I sold Tuesday.
Want Further Clarification?
As always, if you have questions about any of my positions or have positions of your own that you’re curious about – feel free to leave a comment below!
See you next week!
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Disclaimer: Eric "Irk" Jacobson and all other Get Irked contributors are not investment or financial advisers. All strategies, trading ideas, and other information presented comes from non-professional, amateur investors and traders sharing techniques and ideas for general information purposes.
As always, all individuals should consult their financial advisers to determine if an investing idea is right for them. All investing comes with levels of risk with some ideas and strategies carrying more risk than others.
As an individual investor, you are accountable for assessing all risk to determine if the strategy or idea fits with your investment style. All information on Get Irked is presented for educational and informational purposes only.
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