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Grupo Traxion SAB de CV is a Mexico-based company engaged in the transportation sector. The Company provides logistics services within eight business areas: Fright, including intermodal and multimodal services, door-to-door, national and cross-border distribution, among others; Integrated logistics, including logistics management, aerial and maritime services and custom transportation support... see more

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Traxion Sab De Cv Ord Shs > The Deal Closing This Week

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Post by stocktickler87 on Feb 26, 2018 11:15am

The Deal Closing This Week

What are everyone's thoughts on the financing deal closing this week? The price on TBP is down simply from the underwriters controlling the price until the close. In my opinion we will make a nice run up once that happens. We should expect $1.30+ range once the underwriters stop shorting and cover the shorts they have made. Today and tomorrow will be great buying ops. I see huge Level 2 bids stacking at .80-.83. Those may get filled if the price is driven down hard enough today. This is nothing to panic about as we have a perfect base mixed with a great setup of news going into the bought deal close, and 10+ million in financing coming to TBP to fund growth. This is how giants are made.

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Comment by Brootal on Feb 26, 2018 11:22am

It's not simply down because of the underwriters - there is an apocalypse, I don't think anything the company does will affect the SP until the sector improves. We are seeing extremely low levels of volume and shorters going nuts on these stocks. The pain will continue until the bottom is in. For TBP this could easily be the 60s again. Not likely but certainly possible... when you ...more

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Comment by stocktickler87 on Feb 26, 2018 11:35am

Apocalypse? I call it perfect timing. Tomorrow or Wednesday we have green days across the sector right as the bought deal closes for TBP. This sector wide red day is our best friend right now. Sideways trading was getting old and we will see positivity return in a few days. TBP Bids are looking great considering the day. I'm not a pumper. Just calling it as I see it. And this is 100% being ...more

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Comment by Pumper4Life on Feb 26, 2018 11:38am

Agreed sticktickler.. I just covered.. I’m crazy shorting at .86, just not crazy enough to wait for a green day to cover

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Comment by frewil11 on Feb 26, 2018 11:41am

I am not buying back any shares in this sector until this correction is over , nothing the company does right now will have any positive effect on the share price , every graph is the same . GL

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Comment by Brootal on Feb 26, 2018 11:42am

When you say what will happen to the market in the future, you lose all credibility. It's the sure sign of pumping, and especially when you say your not actually a pumper. I am a big shareholder here, don't get me wrong, I just caution about this delusional optimism.

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