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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 > Why are we below 40 cents
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Post by Golddetector on Aug 05, 2021 11:54am

Why are we below 40 cents

The only reason that this did not recover to its old highs at multiple dollars level is because of recent pp. the sp was heading to a nice recovery to multi dollar level. Even the pp at 40 cents was oversubscribed that mean there was a demand by investors. Current sp is a nice opportunity that won't last forever. Why low volume because ppl like to add as low as possible. I would like shorts to sell to me rather me buying. I think investors should keep adding slowly imo. For me I added below 30 cent both stocks and wt.c below 14cents. I think wt.c offers a nice leverage gl longs
Comment by Bangada on Aug 05, 2021 12:48pm
"the sp was heading to a nice recovery to multi dollar level." wtf are you talking about. it was a short pump spike, not even near anything you could call in the dollar range.
Comment by Golddetector on Aug 05, 2021 1:26pm
Imo shortening this at these levels is a big mistake. Anyway if you feel confident go ahead a challenge you to sell to bids. Level 2 shows a nice pile of bids. Obviously Showing asks and taking them out to create a panic sell does not work anymore.
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