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.
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.