sharejon.TXN needs to prove things up to provide confidence.The...

sharejon.

TXN needs to prove things up to provide confidence.

The SP did get ahead of itself, it is at 12 month lows, I can only value it at current performance and not on EFS 3 and 4 or on land values that surround TXN patch.

Deliver on EFS 3 & 4 will certainly improve the SP but TXN no longer as the premium it once enjoyed, if anything it is starting get discounted and that is not good.

I got damn lucky on last Thursday when my remaining sell got hit at 0.60.

Lesson is take profits when SP gets hyped up, that April top was a gimme for a total exit, then wait for the pendulum to swing back to the low side.