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 > Why are we so shorted??

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Post by qqqqqqqqqqqqqqq on Dec 19, 2019 3:26pm

Why are we so shorted??

Does anyone care to comment?

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Comment by qqqqqqqqqqqqqqq on Dec 19, 2019 3:27pm

https://shortdata.ca/stock/TBP.V/ The link

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Comment by jackthebear1 on Dec 19, 2019 5:09pm

The more shares on the short the more that have to be bought to cover and at todays close there can not be any short position in the green.The will have to cover sooner rather then later so forget the 60's the 70's are next stop.

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Comment by colts123 on Dec 19, 2019 8:28pm

Well Jackthebear,you might even be conservative on your 60's and 70's, what is the definition of "infinity" when you short a stock and it starts to increase in price?.... The only guess I have, why too many people shorted this stock is 1) it is December and no news will be conmng out, on Xmas holidays 2) people selling to cover losses on other stocks owned ...more

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Comment by Ghostofrljp on Dec 20, 2019 2:13pm

I tend to agree. Its going to depend on the news and how many more shares they can get their hands on to sell if required. The lid is on and its up to the company now to blow it off. January should be interesting.

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