The Low Price/Low Float Portfolio 8/26/2021 results:
Portfolio Cost: $49,287
8/25/2021 Value: $48,112
8/26/2021 Value: $47,915
Daily gain/loss: ($197)
Total gain/loss: ($1,372)
0 sell orders executed
0 buy orders executed
Since inception:
58 sell orders executed: 41 at 20% level, 15 at 40% level, 2 at 100% level
45 buy orders executed
Two days in a row with no executed buy or sell orders. The summer doldrums.....
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.