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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 services; Warehousing, including dedicated storage, shared warehouses, packing and value-added services, such as labeling and products assembly; Logistics systems, including software for logistics management; Passenger transportation, including transportation of personnel and students; Special services, including rental of bus and vans; Moving, including national and international moving services, and Advertising, including custom transportation services during marketing campaigns. The Company operates through a number of group companies.


PINL:GRPOF - Post by User

Post by stocktickler87on Feb 26, 2018 11:15am
181 Views
Post# 27620877

The Deal Closing This Week

The Deal Closing This WeekWhat 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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