the sp has primarily been smashed by a major exit from what most people speculate was an insto, it was all rbs morgan selling.
the top 50 has not changed and riche points out..
for me texon is a great buy at these prices and i also thought so when it was .65 as i was convinced then, and i am still convinced thet the price per acre the market gives texon is way way off. but thats imho and dyor..
sdaji..
your comments on this forum about me personally are not necessary, there are plenty of people whom are interested in texon and dislike the current state of affairs just as much as i do. your little digs and innuendos are why i put you on ignore on another forum.. still at it..
lets break down your post a little..
Is it just me or is TXN really undervalued now? I'd really love to hear Agentm's explanation of why TXN has gone from 90+c around the last time I was paying close attention and where it is now,
really.. didnt pay close attention?? you thought the sp was .90 ??? did you really expect me to believe that?? lol
last year when you exited at .63 you posted all about it, and saying you were not underwater.. you even added to the SPP in full!!! come on sdaji.. you cant recall buying at .65 in full and selling at .63 ??
I recently sold out at 63c. It was a profit for me, even after taking up the SPP in full, but wouldn't have been if I'd held on another few days. I'm not sure if I'll play knife catching with this one, but if it drops too far I'll consider it. Below 50c would get my attention.
now you yourself said anything under .50 would get your attention.. so why does anyone need to explain anything to you??
i seriously doubt any of your posts contain anything remotely reliable or accurate, one day you announce you've sold out at .63 after being in the SPP at .65 and now you cant recall the last time you knew the sp of texon???
your on ignore.. cheers
with his enthusiasm for TXN even greater then than now. What went wrong (I can't really see much to explain it).
firstly, lets get things straight here.. before i put on ignore after posting this.. texons sp has really has zero to do with me.. if you read my personal view on texon, which is all imho and dyor.. then you know i am investing for an outcome. the sale of the efs.
the drop in the sp has been discussed at length on this forum.. the POO was a contributor, and a lot feel to public airing by the director of the efs was negative, as they have failed to deliver and the market has priced it accordingly, and the past fall many feel has been from an rbs client, probably an inst, selling down a lot of stock..
texon itself does little towards actually promoting itself imho, and many share that view. you say your tempted to go in again.. if you do and it pays off, great news for you and everyone else buying/adding atm..
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TXN Price at posting:
34.5¢ Sentiment: Buy Disclosure: Held