TXN 0.00% 58.0¢ texon petroleum ltd

twin, I am grateful for TXN's share appreciation. BUT lets not...

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    twin, I am grateful for TXN's share appreciation. BUT lets not forget that TXN was the same price as or higher than SEA for a good part of 2012.

    But there is definitely good news here. TXN (and SEA) have been discovered by the market, and it could have been much worse for TXN if they had to forfeit their EFS holdings. Some of us lowered our average TXN investment per share by buying more when it dropped to 34-37 cents. But even those who bought only in the 50s-60s are getting close to their "return of capital" and hopefully soon will have a decent "return on capital".
 
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