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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 SUEMEon May 19, 2020 3:21pm
359 Views
Post# 31047655

Manipulation 101

Manipulation 101It's not unusual to see financing activities squeeze the life out of junior cap.  Likely, it goes as follows.  Company does a financing at a huge discount to current market, company also issues warants  favourable to the financing company.  In turn, the financing company intiates a naked short selling strategy to recover their financing cost.  Panic sets in from small investors an the grass fire takes off.  I suspect they will drive this into the teens.  And yes, this practice is unethical, but legal given the current securities law.
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