The Low Price/Low Float Portfolio 8/23/2021 results:
Portfolio Cost: $49,287
8/20/2021 Value: $46,327
8/23/2021 Value: $47,285
Daily gain/loss: $958
Total gain/loss: ($2,002)
0 sell orders executed
1 buy order executed
Since inception:
57 sell orders executed: 40 at 20% level, 15 at 40% level, 2 at 100% level
45 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.