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 > We might get that .19 that we were looking for

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Post by Pumper4Life on Jun 03, 2020 12:39pm

We might get that .19 that we were looking for

Just bought another 50k shares at .20
I will have just enough to buy another 150k at .19 once it gets there

I will be back in 100% at that point

lets make it happen!

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Comment by Pumper4Life on Jun 03, 2020 1:08pm

Oh well, Might not happen today.. bids are building the 1 million shorts are most likely covering too which is adding to the current volume at this price

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Comment by MakeMoney7777 on Jun 03, 2020 2:28pm

Bottom?

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Comment by Pumper4Life on Jun 03, 2020 3:08pm

Bottom could be in .. but ill still wait to see if we hit .19 in the next few days Personally Im in at 80% so if it goes up im happy, if it goes down im happy .. its a win-win situation this will be over .25 in the next month , most likely will happen before then. Thats 25% from current price point in a few weeks we will look back and wish we bought more, like last time it in hit 0.19

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Comment by MakeMoney7777 on Jun 03, 2020 4:13pm

Agreed. So much potential. any worries about potential r/s? Think they vote at AGM this Friday. Perhaps reason for these lows

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Comment by AuroraAurora on Jun 03, 2020 4:18pm

Would a reverse split really be bad for TBP? I only ask because I have no idea.

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Comment by MakeMoney7777 on Jun 03, 2020 4:23pm

Yes. Most reverse splits are terrible for immediate-mid term future

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Comment by Pumper4Life on Jun 03, 2020 4:53pm

Reverse splits are horrible for companies that have an overvalued market cap.. it would be interesting to see what happens to an undervalued company like tetra with a reverse split Tetra is cheap currently trading at approx 60 million MC at .20 with over 300million shares fully diluted Even if tetra were to RS to only have 1000 shares outstanding. Each share would be worth $6000 with only 1000 ...more

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Comment by Pumper4Life on Jun 03, 2020 4:58pm

Correction **10000 shares, each share would be $6000

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Comment by Davesnothere on Jun 03, 2020 8:11pm

I do not think the R/S is a maybe. The only question: will it be 1 new share for 15 old, OR , will it be 1 new share for 20 old ones? Not only is this a drag, but IF - IF - they cannot convert at least - ONE - of their many applications early , while on the NASDAQ, then we will likely see EVEN MORE dilution or share price degradation. Early means within 2020. imo of course my avg ...more

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