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......
I have seen lots of $1 stocks with strong earnings and solid balance sheets triple, quadruple and more, but I have yet to see one go below zero.