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

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Traxion Sab De Cv Ord Shs > Braulio, you'd be better to sell short than average down.

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Post by anikalattimer19 on Oct 24, 2019 1:14pm

Braulio, you'd be better to sell short than average down.

Braulio, you'd be better to sell short than average down. When the Q3 results come out and confirm Largo will end the year in the red, the momentum will be lower still. There is just no good news in the V market, other than for those able to take advantage of the continually lower pricing. When you invest in a single product company, you suffer the consequences when that product is unprofitable. Even if you factor in (pray for?) a slight rebound of the V price, Largo is still way overpriced. There is just no upside. I also have this other high potential stock is also in my radar.

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