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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

PINL:GRPOF - Post Discussion

Traxion Sab De Cv Ord Shs > Are we sure this is over?
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Post by TheBossCwC on Feb 01, 2018 6:25pm

Are we sure this is over?

As much as I would like to believe that this recent 25% decline in SP is over... I'm not so sure. I know this company has a bright future but if it starts going towards sub $1 that will be a huge concern. Yes when this hits $3 people will forget about today but that is nearly 260% increase from close today... And who knows if it will go lower. I don't need to be convince how great this stock is I just want to discuss what the potential bottom of this short attack could be. $1.15, $1.00 .90s? Disclosure: I own shares, I have done my DD, I have owned this since June 2017.
Comment by madboxx on Feb 01, 2018 7:39pm
I think that many pot stocks had their support levels broken today, and like what was posted earlier about the market makers was spot on, they control the market and our only defense is to buy more at the lower levels.. (if you still have some powder in your keg) . Having the MM'S and shorters beating the SP down usually is a signal that good news is coming and they want to be fully loaded ...more  
Comment by Know1know on Feb 01, 2018 11:07pm
The TSX and Sessions scared the bejeezus out of people exposed to American MJ...those will also be buying opps  after the midterm elections.  If the republicans lose a bunch of core seats all hell will break loose, optimism and states rights will circumvent pessimism...mark my words on that.   Its not political, but in 4 years the MJ industry in longer grow season countries ...more  
Comment by LeafRider on Feb 01, 2018 11:41pm
This post has been removed in accordance with Community Policy
Comment by Know1know on Feb 02, 2018 12:14am
for every high risk stock Ive bought there have been 2 or three busts, I feel its important to cover the cost, and keep the rest of something with upward momentum, it took me a while to learn to hedge a little but to keep skin in the game, the huge ups wipe out the losers....i think selling is important, but when you do make sure you have won across the board.  Tetra languished on the pot ...more  
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