The Low Price/Low Float Portfolio 10/7/2021 results:
Portfolio Cost: $49,287
10/6/2021 Value: $47,837
10/7/2021 Value: $47,911
Daily gain/loss: $74
Total gain/loss: ($1,376)
1 sell order executed: 1 at 20% level
0 buy orders executed
Since inception:
82 sell orders executed: 55 at 20% level, 23 at 40% level, 4 at 100% level
70 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.