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
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.