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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 > Possible reason for huge spike in price

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Post by FireStarter1980 on Aug 09, 2018 11:05pm

Possible reason for huge spike in price

So when tbp jumped this week it was largely cash injections like my own of over 50k on small chunks at .74,.75,76 and so on
my purchase alone took the price from .78-.81 giving me an average buy of .80

So if a handful of guys bought through low volume sells then that would explain the push up

right ?

example
70,71,72 etc all have (5) asks for sale
I do a market buy of 50 lots , boom we’re up a dime

is that accurate to say ?

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Comment by Tameraq2 on Aug 09, 2018 11:15pm

Why did you pick yesterday to buy?

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Comment by FireStarter1980 on Aug 09, 2018 11:20pm

The news release timed well with me sick of aphria and Aurora dropping daily I wanted tbp for its steady base but I missed .63-.64 my timing is so bad it’s impressive I know Tbp will pan out in time though

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Traxion Sab De Cv Ord Shs