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?
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.