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!
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.