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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

Traxion Sab De Cv Ord Shs > Short Squeeze Ahead Of Dividend Payment North Bud ?
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Post by GoTogetheron Jun 01, 2018 11:34am
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Post# 28111476

Short Squeeze Ahead Of Dividend Payment North Bud ?

Short Squeeze Ahead Of Dividend Payment North Bud ?The spin-out of Tetra's Growpros MMP Inc. is fast approaching.

For the short sellers.
What makes the next few weeks potentially "explosive" is that if you are short on the record date (not disclosed yet), you will have to pay the appropriate dividend (North Bud) back, which is virtually impossible because TBP wholly owns GrowPros.
So anyone that is short on that certain day will be somewhat in trouble.

Over the next few weeks, when more details are released, we may see some short covering and "turn of the tides" in the market. 

Considering possible short selling at that time, I think it was an excellent move from TBP, not to give away  too many details in this NR, date 02-22-2018 :
https://tetrabiopharma.com/investors/press-releases/press-release-details/2018/Tetra-Bio-Pharma-Announces-the-Completion-of-GrowPros-Transaction/default.aspx

EOM.


Read more at https://www.stockhouse.com/companies/bullboard/v.tbp/tetra-bio-pharma-inc?postid=28087285#6eM8Uj0mTI2YHu7U.99
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