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 > Possible Short Squeeze Looming

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Post by MeltedX on Dec 13, 2019 3:53pm

Possible Short Squeeze Looming

It looks like a huge amount of short positions have been taken given the recent rise in SP. If the SP goes up just a tad more we could see an explosion as the shorts scramble to cover. Currently 1.9 million shares out on loan.

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Comment by Yunggun on Dec 13, 2019 4:33pm

If we see news Monday or Tuesday, which I am not counting on as stocks rarely rally through Christmas and any rally that does is short lived, the shorts will get caught with you know what in there hands, lol. I think we go sideways without news till the new year. Hence the reason for the shorts, making money on both ends is not always a bad sign for a SP. Means it actively traded and monitored at ...more

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