August 9, 2019 


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).

Click charts for enlarged versions

Portfolio Breakdown

Year-to-Date Performance

Portfolio Allocation



Target Position Size

Current Position Performance



1st Buy: 1/10/2019 @ $19.54
Current Per-Share: (-$18.02)

Yeti (YETI)


1st Buy: 2/26/2019 @ $23.23
Current Per-Share: $13.55

Canopy Growth (CGC)


1st Buy: 8/21/2018 @ $38.28
Current Per-Share: $19.26

Pinterest (PINS)


1st Buy: 5/16/2019 @ $25.72
Current Per-Share: $20.24

Tencent Music (TME)


1st Buy: 12/14/2018 @ $12.96
Current Per-Share: $10.45

Tradeweb Mkts (TW)


1st Buy: 4/8/2019 @ $39.22
Current Per-Share: $33.74

Cronos Group (CRON)


1st Buy: 12/3/2018 @ $10.27
Current Per-Share: $13.30

Iridium Comm (IRDM)


1st Buy: 3/25/2019 @ $26.28
Current Per-Share: $24.75

BiliBili (BILI)


1st Buy: 3/7/2019 @ $17.68
Current Per-Share: $15.69

Revolve Group (RVLV)


1st Buy: 6/13/2019 @ $39.06
Current Per-Share: $34.34

* Indicates a position where the capital investment was sold.
Profit % for * positions = Current Gross Profit / Original Capital Investment

Highlights from the Week

Biggest Winner: AMD (AMD)

Can AMD (AMD) do no wrong? It certainly seems like the company has become the golden child with CEO Lisa Su guiding this once-forgotten Intel (INTC) and Nvidia (NVDA) competitor to new highs with one excellent product launch after another.

AMD gained +15.93% during a week of epic sell-offs and huge volatility, easily earning the Biggest Winner title.

Biggest Loser: Revolve Group (RVLV)

Revolve Group (RVLV) demonstrated what not to do with your first earnings report after going public – report a loss! Analysts expected a gain not a loss from this retail/tech play which was supposedly profitable before it went public.

The markets rightfully punished the stock, sending it down -22.19% this week to earn Biggest Loser acclaim.

This Week’s Trades

AMD (AMD): Profit-Taking

I know what you’re thinking – “Profit-taking in the middle of a sell-off?!” Well, yes, actually. AMD (AMD) reported unexpected new clients including Alphabet/Google (GOOG) and Microsoft (MSFT) on Thursday, causing the stock to rocket 16% in a single trading day.

On Friday, AMD continued higher so I took my initial capital out of the stock when it crossed over $34.00 a share and pulled back to the $33.92 briefly.

Given the insane market volatility and potential for very bad news to push the entire market lower, I fully believe I’ll have the opportunity to rebuild my AMD position at lower levels. If not, I’ll hang on to what I have and see where we go from here.

AMD closed the week at $34.23, up +0.91% from where I sold.

Revolve Group (RVLV): Added to Position

One of my trading rules is to never add to an existing position prior to earnings, however, given the special circumstances of this week’s insane sell-off , I added to Revolve Group (RVLV) when it was testing a key support level during Monday trading before its upcoming earnings report on Thursday.

One of the special circumstances relates to how IPOs typically work: most companies set up the first quarterly report following their IPO to yield positive (if not extremely positive) results in order to assure investors that they have made a good decision investing in the brand-new company.

Combining this knowledge with the market-wide and not sector-specific, sell-off, I added to my RVLV position when the stock tested $30.80 a share, a “new low” as the stock hadn’t retreated to this level previously only shooting through it to head higher following its IPO.

Although Revolve initially bounced from where I bought on Monday, the stock lost support as the week’s sell-off continued, hitting a low of $29.81 during Wednesday’s trading as it headed into its earnings report on Thursday.

The gambit ended up not paying off.

Somehow, Revolve blew its first earnings report as a publicly trading company, reporting an unexpected loss when analysts expected a gain. The stock sold off more than -15% during extended-hours trading to a low of $25.26 (slightly above the $25.00 price where it opened in the markets) before rebounding slightly to $27.50.

The moral? Just because something typically happens (in this case, a good first quarterly report) doesn’t mean it will happen. Instead, I should have stuck to my discipline and not added more before earnings.

While I believe the longer-term thesis for this company still rings true, it’s time to exercise the tried-and-tested Three-Day Rule, waiting to see how the price action plays out over the three trading days following this bad news before making a move. That means Revolve is a no-touch until Tuesday of next week, at the earliest.

RVLV closed the week at $26.12, down -15.19% from where I added on Monday.


As always, If you have questions about how I’m playing different positions or anything at all, really, 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.