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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 > 183 mil shares
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Post by kenster on Jun 19, 2019 4:07pm

183 mil shares

How do you lose 20% on 1 mil shares traded  on a 183 mil share company,doesn't add up.
Comment by kenster on Jun 19, 2019 5:45pm
i'm guessing nobody can answer my question. 20% drop of 183 mil shares aint 1 million shares that were actually sold,not even close.Np wonder the shorts always win.
Comment by newdaydawning on Jun 19, 2019 7:00pm
The new money raise explains everything. The shady brokers have been manipulating the stock price down to cater to their well-heeled accredited investors who will buy the private placement. Yet another case of rich guys rigging the price for their filthy rich clients. TBP shareholders be damned!
Comment by Herb255 on Jun 19, 2019 7:02pm
Yes this does appear to be the case.
Comment by kenster on Jun 19, 2019 7:23pm
Still 571 k volume is Not 10% of 183 mil.Guess They need cash like every other Mj to get where they;re going.In for the long hall.
Comment by youngpupper on Jun 19, 2019 8:58pm
clearly, insiders knew TBP is desperate for cash and a raise is coming, great short opportunity for them. Potentially 14M shares and FULL warrants coming to the TBP share total, potential of 28M+ new shares in dilution. YIKES. BIG YIKES. 
Comment by kenster on Jun 20, 2019 8:44am
Can't go too much lower.Still nobody can answer why 1% sold of total number of Company shares can move the price down 20%.Shorters have it made,they don't need to sell 20% of 183 mil clearly, insiders knew TBP is desperate for cash and a raise is coming, great short opportunity for them. Potentially 14M shares and FULL warrants coming to the TBP share total, potential of 28M+ new shares ...more  
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