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DVCR - $8.01 + $0.31, looks like there are some out there who believe the proposal is legitimate, though it is still trading quite a bit lower than $10.10. I traded it a couple times on Friday after reading your initial post, but I sold way lower than today's price.
This should be an interesting one to watch. If the buyout proposal doesn't materialize, it's a long way down.
The Low Price/Low Float Portfolio 8/20/2021 results:
Portfolio Cost: $49,287
8/19/2021 Value: $45,849
8/20/2021 Value: $46,327
Daily gain/loss: $478
Total gain/loss: ($2,960)
1 sell order executed: 1 at 20% level
1 buy order executed
Since inception:
57 sell orders executed: 40 at 20% level, 15 at 40% level, 2 at 100% level
44 buy orders executed
The Low Price/Low Float Portfolio 8/19/2021 results:
Portfolio Cost: $49,287
8/18/2021 Value: $46,858
8/19/2021 Value: $45,849
Daily gain/loss: ($1,009)
Total gain/loss: ($3,438)
1 sell order executed: 1 at 20% level
0 buy orders executed
Since inception:
56 sell orders executed: 39 at 20% level, 15 at 40% level, 2 at 100% level
43 buy orders executed
It's rough out there in microland, but as DJ Khalid says, "Don't give up"!
M $19.20 - Anyone else buying this morning? Old stodgy Macy's seems to be transforming itself. Nice report this morning, and they reinstated the dividend.
Gilead, the timing definitely hasn't been optimal to say the least.
I agree with this post that you made back in February regarding a new gambling element that has entered the stock market, and believe these traders will be a continuing catalyst for lots of volatility in the lower priced, more speculative stocks.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161866236&txt2find=robinhood
The Low Price/Low Float Portfolio 8/18/2021 results:
Portfolio Cost: $49,287
8/17/2021 Value: $46,120
8/18/2021 Value: $46,858
Daily gain/loss: $738
Total gain/loss: ($2,429)
1 sell order executed: 1 at 40% level
1 buy order executed
Since inception:
55 sell orders executed: 38 at 20% level, 15 at 40% level, 2 at 100% level
43 buy orders executed
The six-day losing streak has officially ended.
Lots of precious metals companies splattered all over the new 52-week-lows list this morning, including:
PAAS
SVM
EGO
FSM
IAG
NG
KGC
NGD
GORO
USAS
CDE
The Low Price/Low Float Portfolio 8/17/2021 results:
Portfolio Cost: $49,287
8/16/2021 Value: $47,040
8/17/2021 Value: $46,120
Daily gain/loss: ($920)
Total gain/loss: ($3,167)
1 sell order executed: 1 at 20% level
2 buy orders executed
Since inception:
54 sell orders executed: 38 at 20% level, 14 at 40% level, 2 at 100% level
42 buy orders executed
We now have a six-day losing streak going. Sixty-three new 52-week highs on Nasdaq today against 342 new 52-week lows. Yikes!
The Low Price/Low Float Portfolio 8/16/2021 results:
Portfolio Cost: $49,287
8/13/2021 Value: $48,408
8/16/2021 Value: $47,040
Daily gain/loss: ($1,368)
Total gain/loss: ($2,247)
2 sell orders executed: 1 at 20% level, 1 at 40% level
2 buy orders executed
Since inception:
53 sell orders executed: 37 at 20% level, 14 at 40% level, 2 at 100% level
40 buy orders executed
We now have a five-day losing streak going. Nine issues up and 40 down today.
The Low Price/Low Float Portfolio 8/13/2021 results:
Portfolio Cost: $49,287
8/12/2021 Value: $49,183
8/13/2021 Value: $48,408
Daily gain/loss: ($775)
Total gain/loss: ($879)
1 sell order executed: 1 at 20% level
0 buy orders executed
Since inception:
51 sell orders executed: 36 at 20% level, 13 at 40% level, 2 at 100% level
38 buy orders executed
We've got a four-day losing streak going. Thank you, sir! May I have another?
The Low Price/Low Float Portfolio 8/12/2021 results:
Portfolio Cost: $49,287
8/11/2021 Value: $49,547
8/12/2021 Value: $49,183
Daily gain/loss: ($364)
Total gain/loss: ($104)
0 sell orders executed
0 buy orders executed
Since inception:
50 sell orders executed: 35 at 20% level, 13 at 40% level, 2 at 100% level
38 buy orders executed
Back in the red! This experiment has been about as exciting as watching paint dry thus far. Tomorrow is Friday the 13th, so maybe the invisible hands that manipulate the low floaters will start doing their thing.
The Low Price/Low Float Portfolio 8/11/2021 results:
Portfolio Cost: $49,287
8/10/2021 Value: $50,045
8/11/2021 Value: $49,547
Daily gain/loss: ($498)
Total gain/loss: $260
0 sell orders executed
1 buy order executed
Since inception:
50 sell orders executed: 35 at 20% level, 13 at 40% level, 2 at 100% level
38 buy orders executed
CYAN - I bought more this morning on the earnings report, also. Disappointing action for sure.
The Low Price/Low Float Portfolio 8/10/2021 results:
Portfolio Cost: $49,287
8/9/2021 Value: $50,137
8/10/2021 Value: $50,045
Daily gain/loss: ($92)
Total gain/loss: $758
2 sell orders executed: 2 at 20% level
0 buy orders executed
Since inception:
50 sell orders executed: 35 at 20% level, 13 at 40% level, 2 at 100% level
37 buy orders executed
The Low Price/Low Float Portfolio 8/9/2021 results:
Portfolio Cost: $49,287
8/6/2021 Value: $49,768
8/9/2021 Value: $50,137
Daily gain/loss: $369
Total gain/loss: $850
2 sell orders executed: 2 at 20% level
0 buy orders executed
Since inception:
48 sell orders executed: 33 at 20% level, 13 at 40% level, 2 at 100% level
37 buy orders executed
The Low Price/Low Float Portfolio Experiment update:
There are 49 positions in the portfolio. As of this morning, from the initial buy prices, there are 7 positions up, 2 positions unchanged, and 40 positions down. The actual portfolio value is up less than one percent.
This tells me that the trading methodology intended to capture the volatility in these low priced/low float stocks is working even though the general sentiment in this area has been quite unfriendly as of late.
LJ, I can't just arbitrarily change the rules of this experiment. I think it is going to work out just fine the way it is set up presently. There hasn't been a whole lot of action in the low floaters lately, but that could change quickly.
The Low Price/Low Float Portfolio 8/6/2021 results:
Portfolio cost: $49,287
8/5/2021 Value: $49,778
8/6/2021 Value: $49,768
Daily gain/loss: ($10)
Total gain/loss: $481
0 sell orders executed
1 buy order executed
Since inception:
46 sell orders executed: 31 at 20% level, 13 at 40% level, 2 at 100% level
37 buy orders executed
Now I know why some traders take Friday off.
The Low Price/Low Float Portfolio 8/5/2021 results:
Portfolio cost: $49,287
8/4/2021 Value: $49,145
8/5/2021 Value: $49,778
Daily gain/loss: $633
Total gain/loss: $491
1 sell order executed: 1 at 20% level
0 buy orders executed
Since inception:
46 sell orders executed: 31 at 20% level, 13 at 40% level, 2 at 100% level
36 buy orders executed
Good point, Cliff. If GME is down on the day of my next appointment, I may cancel!
ZNCM - Minority shareholders shafted with 2 cent buyout. Self-dealing is the name of the game here. I guess the value of UPG just evaporated into thin air:
Zunicom, Inc. Announces Entry into Cash-Out Merger Agreement
PR Newswire - Aug 05 10:50 EDT
MORGANVILLE, N.J., Aug. 5, 2021 /PRNewswire/ -- Zunicom, Inc., a Texas corporation, (the "Company"), announced today its entry into a Merger Agreement, dated August 3, 2021 (the "Merger Agreement"), by and among Zunicom Holdings, Inc., a Texas corporation (the "Parent"), Ajax Merger Sub, Inc., a Texas corporation and the Company, pursuant to which the Company will become a wholly-owned subsidiary of the Parent, and the minority common stock shareholders of the Company will receive the merger consideration of $0.02 per share.
On August 3, 2021, the Merger Agreement and the transactions contemplated thereby were approved by the board of directors of the Company. Parent that holds 57% of the outstanding capital stock of the Company has approved the Merger. A Certificate of Merger will be filed with the Secretary of State of the State of Texas which will provide August 16, 2021 as the "Effective Time" of the Merger.
An Information Statement containing relevant information about the Merger will be mailed to all shareholders of the Company as of the Effective Time of the Merger. The Information Statement also contains instructions to the minority shareholders on how to surrender their share certificates in exchange for the merger consideration (net of any applicable withholding taxes).
Word from the street:
I had a dental cleaning appointment yesterday. It was a new hygienist, and she asked what I did for a living. After I told her, she proceeded to tell me how she had $36,000, which was earmarked for a down payment on a home, invested totally in GME. She asked me what my opinion was of her investment. I just told her that it was risky.
It's a crazy world out there.
The Low Price/Low Float Portfolio 8/4/2021 results:
Portfolio cost: $49,287
8/3/2021 Value: $49,713
8/4/2021 Value: $49,145
Daily gain/loss: ($568)
Total gain/loss: ($142)
0 sell orders executed
0 buy orders executed
Since inception:
45 sell orders executed: 30 at 20% level, 13 at 40% level, 2 at 100% level
36 buy orders executed
Today's inspiring performance puts the portfolio back in the red!
HOOD high of $85 today. Quite the prophetic post, researcher.
LIVE $30.00 - $32.58, getting quite the pre-market haircut:
SEC charges Live Ventures with financial, disclosure and reporting violations
TheFlyontheWall.com - Aug 04 08:20 EDT
The Securities and Exchange Commission charged Live Ventures, its CEO, its CFO, an LLC controlled by the CEO, and another Nevada-based public company with multiple financial, disclosure, and reporting violations related to inflated income and earnings per share, stock promotion and secret trading, and undisclosed executive compensation. The SEC's complaint alleges that Las Vegas-based Live Ventures Incorporated and its CEO, Jon Isaac, recorded income from a backdated contract to boost Live Ventures' pre-tax income for FY16 by 20%. Live Ventures and Isaac also allegedly overstated earnings per share by 40% by improperly understating Live Ventures' outstanding share count. The complaint alleges that in addition to disclosing falsified financial results, Isaac hired a stock promoter to boost interest in Live Ventures. As alleged, the financial manipulation and stock promotion caused Live Ventures' share price to spike. Isaac allegedly profited by secretly selling Live Ventures shares in a nominee account that he controlled in the name of Kingston Diversified. The complaint also alleges that Live Ventures misrepresented the date on which it had acquired a new subsidiary from Appliance Recycling Centers of America, enabling Live Ventures to report a positive net income for Q1 of 2018, which otherwise would have been an unprofitable quarter. According to the complaint, Isaac and Virland Johnson, who held the position of CFO at both Live Ventures and ARCA, engaged in a scheme to misrepresent the effective acquisition date, and lied to Live Ventures' auditors about the acquisition date to ensure Live Ventures could report positive net income. The complaint further alleges that Isaac underreported his executive compensation in Live Ventures' proxy statements. As alleged, for the fiscal years 2016, 2017, and 2018, Live Ventures disclosed that Isaac received, in aggregate, $162,000 of additional compensation, even though he had actually received approximately $315,000 during that period.
BGFV - Analyst raises target price:
Big 5 Sporting price target raised to $31 from $26 at Lake Street
TheFlyontheWall.com - Aug 04 07:53 EDT
"Lake Street analyst Mark Smith raised the firm's price target on Big 5 Sporting to $31 from $26 and keeps a Buy rating on the shares after what he identifies as "another quarter of record results." Management gave Q3 guidance that was above his prior expectations, noted Smith, who thinks the demand environment remains robust and sales would be higher if supply were sufficient."
I'm not currently in this, but good luck to those that are.
The Low Price/Low Float Portfolio 8/3/2021 results:
Portfolio cost: $49,287
8/2/2021 Value: $49,964
8/3/2021 Value: $49,713
Daily gain/loss: ($251)
Total gain/loss: $426
2 sell orders executed: 1 at 20% level, 1 at 40% level
1 buy orders executed
Since inception:
45 sell orders executed: 30 at 20% level, 13 at 40% level, 2 at 100% level
36 buy orders executed
The Low Price/Low Float Portfolio - Get the same return as a CD but with 10 times the risk!
The Low Price/Low Float Portfolio 8/2/2021 results:
Portfolio cost: $49,287
7/30/2021 Value: $48,747
8/2/2021 Value: $49,964
Daily gain/loss: $1,217
Total gain/loss: $677
4 sell orders executed: 2 at 20% level, 1 at 40% level, 1 at 100% level, 1 discretionary sell of 69 shares EVK at $5.49 (not included in sell totals)
0 buy orders executed
Since inception:
43 sell orders executed: 29 at 20% level, 12 at 40% level, 2 at 100% level
35 buy orders executed
Flipped back into the black. Maybe this time we will stay there.
The Low Price/Low Float Portfolio 7/30/2021 results:
Portfolio cost: $49,287
7/29/2021 Value: $49,450
7/30/2021 Value: $48,747
Daily gain/loss: ($703)
Total gain/loss: ($540)
0 sell orders executed
2 buy orders executed
Since inception:
39 sell orders executed: 27 at 20% level, 11 at 40% level, 1 at 100% level
35 buy orders executed
Back in the red. That sure didn't take long. Dang!
The Low Price/Low Float Portfolio 7/29/2021 results:
Portfolio cost: $49,287
7/28/2021 Value: $48,689
7/29/2021 Value: $49,450
Daily gain/loss: $761
Total gain/loss: $163
3 sell orders executed: 3 at 20% level
1 buy order executed
Since inception:
39 sell orders executed: 27 at 20% level, 11 at 40% level, 1 at 100% level
33 buy orders executed
Back in the black. Let's see if we can stay here this time. It's been like a yo-yo between positive and negative so far.
The Low Price/Low Float Portfolio 7/28/2021 results:
Portfolio cost: $49,287
7/27/2021 Value: $47,593
7/28/2021 Value: $48,689
Daily gain/loss: $1,096
Total gain/loss: ($598)
0 sell orders executed
1 buy order executed
Since inception:
36 sell orders executed: 23 at 20% level, 11 at 40% level, 1 at 100% level
32 buy orders executed
The volatility among the individual issues seems to be very subdued as of late.
The Low Price/Low Float Portfolio 7/27/2021 results:
Portfolio cost: $49,287
7/26/2021 Value: $48,606
7/27/2021 Value: $47,593
Daily gain/loss: ($1,013)
Total gain/loss: ($1,694)
1 sell order executed: 1 at 20% level
2 buy orders executed
Since inception:
36 sell orders executed: 23 at 20% level, 11 at 40% level, 1 at 100% level
31 buy orders executed
And the crowd goes wild!
I think it is just generally tough in microland today. My low float/low price portfolio has 9 gainers and 40 losers on the day!
The Low Price/Low Float Portfolio 7/26/2021 results:
Portfolio cost: $49,287
7/23/2021 Value: $48,891
7/26/2021 Value: $48,606
Daily gain/loss: ($285)
Total gain/loss: ($681)
0 sell orders executed
1 buy order executed
Since inception:
35 sell orders executed: 23 at 20% level, 11 at 40% level, 1 at 100% level
29 buy orders executed
And so it goes......
The Low Price/Low Float Portfolio 7/23/2021 results:
Portfolio cost: $49,287
7/22/2021 Value: $50,386
7/23/2021 Value: $48,891
Daily gain/loss: ($1,495)
Total gain/loss: ($396)
1 sell order executed: 1 at 20% level
1 buy order executed
Since inception:
35 sell orders executed: 23 at 20% level, 11 at 40% level, 1 at 100% level
28 buy orders executed
The Low Price/Low Float Portfolio 7/22/2021 results:
Portfolio cost: $49,287
7/21/2021 Value: $51,022
7/22/2021 Value: $50,386
Daily gain/loss: ($636)
Total gain/loss: $1,099
3 sell orders executed: 3 at 20% level
3 buy orders executed
Since inception:
34 sell orders executed: 22 at 20% level, 11 at 40% level, 1 at 100% level
27 buy orders executed
SGMA - They love it and they hate it all in the span of less than a day. I had buy orders execute all the way down at $4.75 in the wee hours of the pre-market.
Jinxed Underwear??? - How do you know if they are jinxed? What are the signs? Racing stripes? I think I'll see if Investopedia has anything on this. I thought I only had to worry about earnings, the Fed and covid. Worrying about jinxed underwear is just one more thing to keep a trader up at night.
The Low Price/Low Float Portfolio 7/21/2021 results:
Portfolio cost: $49,287
7/20/2021 Value: $49,022
7/21/2021 Value: $51,022
Daily gain/loss: $2,000
Total gain/loss: $1,735
2 sell orders executed: 2 at 20% level
NURO - 10 shares sold at $18.00 (not included in above)
NURO - 10 shares sold at $24.50 (not included in above)
NURO - 10 shares sold at $28.00 (not included in above)
NURO - 10 shares sold at $33.00 (not included in above)
NURO - 10 shares sold at $38.00 (not included in above)
3 buy orders executed
Since inception:
31 sell orders executed: 19 at 20% level, 11 at 40% level, 1 at 100% level
24 buy orders executed
The Low Price/Low Float Portfolio 7/20/2021 results:
Portfolio cost: $49,287
7/19/2021 Value: $46,405
7/20/2021 Value: $49,022
Daily gain/loss: $2,617
Total gain/loss: ($265)
7 sell orders executed: 4 at 20% level, 2 at 40% level, 1 at 100% level
NURO - 10 shares sold at $13 (not included in above)
5 buy orders executed
Since inception:
29 sell orders executed: 17 at 20% level, 11 at 40% level, 1 at 100% level
21 buy orders executed