Go For Broke

Tuesday, May 31, 2022 -- $20,250.22 (-$276.56, -1.35%) Monday was a holiday and today KIND was down more than 3%, up more than 3% but ended up down just over 1%.  All in all a rather subdued day for KIND.

Friday, May 27, 2022 -- $20,526.78 (+$622.63, +3.13%) Wow!  A three-day winning streak!  It almost makes me forget that the portfolio is down over 78% since inception ... NOT!  But in life we take the bad with the good or, in this case, the rare small good with the frequent large bad.  But hope springs eternal so here's to better days ahead!

Thursday, May 26, 2022 -- $19,904.15 (+$691.81, +3.60%) Up again.  Unfortunately, due to the margin sales to meet margin deficits, more than half of the KIND shares were sold so the portfolio does not benefit as much.  Being forced to sell positions when they are low is one of the biggest risks with investing on margin and you can see how it has played out here.

Wednesday, May 25, 2022 -- $19,212.34 (+$1,037.71, +5.67%) The streak is dead!  Long live the streak!  (The new one).  While I might attribute KIND actually going up to its increasing resistance to going down as it nears its "cash" value, it might have simply gone up in "sympathy" with the broad market, which was up today.

Tuesday, May 24, 2022 -- $18,174.64 (-$1,521.97, -7.73%) The streak is alive!  At this point, KIND's market cap is approximately $981 million and it has about $700 million in cash on hand so the drops should probably start slowing down.

Monday, May 23, 2022 -- $19,696.61 (-$675.00, -3.31%) Just because it is always good to keep a streak going, KIND dropped again so the portfolio has set another new all-time low!

Thursday, May 19, 2022 -- $20,371.61 (+276.72, +1.36%) KIND dropped like a rock again and is, again, at an all-time low!