Bullboard - Stock Discussion Forum Traxion Sab De Cv Ord Shs GRPOF

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 > Crazy market

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Post by Tameraq2 on Oct 29, 2018 3:37pm

Crazy market

We shouldn't be part of this blood bath!

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Comment by GoTogether on Oct 29, 2018 5:08pm

Part of the accelerated decline is probably contributed by ETFs selling spree. I forgot the name of the ETF which has TBP in its portfolio. Anyone ? EOM.

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Comment by LeafRider on Oct 29, 2018 5:26pm

This post has been removed in accordance with Community Policy

Comment by SnoopDawggyDawg on Oct 29, 2018 6:07pm

Whether or not someone buys or sells a holding in an ETF does not affect the share price of a stock within the ETF. It's the opposite of that. When the share prices of the stocks within the ETF fall, the value of the ETF decreases, and the market reacts to that by selling the ETF at or around its cumulative value.

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Traxion Sab De Cv Ord Shs