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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 > I sold back in January when we got screwed
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Post by Happyone1 on Jun 17, 2019 5:21pm

I sold back in January when we got screwed

This company is very good at putting out NRs that mean nothing. Back in January we all got totally screwed with the results of pp001 even tho they knew it was l halted back in December. Totally screwed me and left ever since. Sold in the 80s when I could of sold over 1$. They’re burning so much cash and no income coming in. This will revert back into the 20s if things don’t change. Not impressed at all. This stock was definitely a stock with extreme risk but very strong potential. I don’t see it anymore. Not a tad bit. The deal with Aphria back in December when the ceo sold 5 million shares to them to “ not further dilute us” was a sham. Aphria paid over a dollar for those shares because the ceo KNEW the results of pp0001 was going to tank the stock. We live in a fuk**ed up world. People always look out for themselves and leave the shareholders to suffer. 3 years with this stock and nothing came of it. It will only get worst. No cash in the coffers. They will dilute the shareholders further and at 47 cents they’ll need to sell ALOT of shares. This company will trade in the 20s Sooner or later like many other shady stocks.
Comment by Herb255 on Jun 17, 2019 5:26pm
Lol get squeezed.
Comment by newdaydawning on Jun 17, 2019 11:49pm
Thanks for your honest, straight-up assessment. Twenty-something cents sounds possible given that TBP is on track to run out of cash by year-end. No doubt, it can pull off another money raise, but the terms will not be shareholder friendly.
Comment by Cheffrodong on Jun 18, 2019 11:50am
This post has been removed in accordance with Community Policy
Comment by Happyone1 on Jun 18, 2019 3:43pm
As I mentioned, tetra puts out fabulous NRs but fails to deliver. In basketball terms, they dribble and do all kinds of move but never score (sorry I’m a basketball junkie lol) WE THE NORTH. I have a very good friend of mine who is heavily invested and really hope this bounces back but the way it’s going, it’s not looking good. Wouldn’t want to hold on this until tbp gets things right. Even at 47 ...more  
Comment by slick555 on Jun 19, 2019 9:29am
well said...all good points
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