I decided to cash in my DXO after reading some forum posts at finance.google.com. It should be noted that taking advice from a forum is not recommended but the consensus was that a drop in price was imminent.

Since I have been on the road doing my 9-5er, I put in a sell order at market price and saw the results when I got back to the hotel that evening. WOW! I cashed out near the high and since then the price has dropped over $0.65/share. Sometimes lady luck plays a role in this but one has to make their own luck too.

So to recap I bought in at $2.29 per share and sold at $3.625. Owing a total of 350 shares has given me a profit of $457.34. This is my best cash-in to date and is bringing me close to doubling my money since I started this experiment.

Looking at my bottom line my account value as of writing is $1,767.31. Not too shabby for a novice starting with a $1000.00 investment. The tax man will love me…or will he? Stay tuned.

I will be buying back into this little gem when I feel the time is right. I know it will still rise over the long term because I know the scam that OPEC has set in motion.

DXO, Penny Stock Experiment, stock market, OPEC Scam

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