The Low Price/Low Float Portfolio 10/5/2021 results:
Portfolio Cost: $49,287
10/4/2021 Value: $47,980
10/5/2021 Value: $47,594
Daily gain/loss: ($386)
Total gain/loss: ($1,693)
1 sell order executed: 1 at 40% level
0 buy orders executed
Since inception:
78 sell orders executed: 52 at 20% level, 22 at 40% level, 4 at 100% level
65 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.