The Low Price/Low Float Portfolio 9/20/2021 results:
Portfolio Cost: $49,287
9/17/2021 Value: $47,459
9/20/2021 Value: $46,630
Daily gain/loss: ($829)
Total gain/loss: ($2,657)
2 sell orders executed: 1 at 20% level, 1 at 40% level
0 buy orders executed
Since inception:
67 sell orders executed: 45 at 20% level, 18 at 40% level, 4 at 100% level
54 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.