TXN looks like a good short

Discussion in 'Stocks' started by lighnintrade, Dec 9, 2011.

  1. Trying to decide if I should hedge against the broader market which i think could prop it up.
  2. On my screen too.

    Dec 17, 29 puts are 47 cents - cheap way to try it while the warning is fresh.
  3. It ain't easy to short a stock in an uptrend.
  4. They are seeing a large decrease in earnings and revenue.
  5. Wow, I thought I could get out for a quick 1/2 point or more just today, guess this turns into a longer trade though.
    Not sure what's keeping this stock up.
  6. Trading with the market.

    Market's got a bid under it.

    Still watching TXN. 12/17 29 Puts at 33 cents (1:15 est)
  7. Nice going, they're worth quite a bit more now.