The Low Price/Low Float Portfolio 10/13/2021 results:
Portfolio Cost: $49,287
10/12/2021 Value: $48,569
10/13/2021 Value: $49,055
Daily gain/loss: $486
Total gain/loss: ($232)
3 sell orders executed: 2 at 20% level, 1 at 40% level
0 buy orders executed
Since inception:
85 sell orders executed: 57 at 20% level, 24 at 40% level, 4 at 100% level
72 buy orders executed
Nearing breakeven. It has been tough sledding. I'm going to try to wrap up this experiment by the end of the year and hopefully in the black!
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.