WEALTH UNIVERSITY

[$heff]

Stock_Picker...did not get home in time do pick up DXO. Nice entry as I will try tomorrow. I agree with your excellent assessment! Best, Sheff

Message In Reply To:
$heff, did you get into DXO?

I got into it today at 2.8

Reasoning: When oil was at $145 DXO was at $30
Oil is little below 40, DXO is at $2.7

I do not see oil going below $25 - the downside is probably 25-30. However, the upside is unbeleivable. Opec wants it at $70, and they will do everything to get it there, even cutting output even more than they just did in January if they do not reach $70.

WHen oil gets back to $70, that translates to DXO going back to $14.00 which is a 5 bagger from here.

The risk to reward is too great not to jump in.

I jumped in with half i can afford, so if it dips lower the other half will be thrown at it :)