New low for the XTRN Las Vegas Railway Express Stock

On Wednesday, 10/9/13 the shares of XTRN Las Vegas Railway Express closed at what appears to be a new closing low: three and a quarter cents a share. A few days ago it traded at a new all-time low of 3-cents a share.

Frankly, I still hope that they can pull this deal together and bring back train travel between SoCal and Vegas soon.

Unfortunately even if the XTRN becomes a reality, train travel from Los Angeles will not be a reality. The LVRE company plan is to have train service between Fullerton in Orange County and North Vegas where a train station must be built.

But I believe the stock price is the message and a stock price falling to new lows tells me something is not going right. Perhaps it means they need more funding, or perhaps it means the dream of train travel between SoCal and LV will just remain a dream?

The stock closed Thursday at 3-cents a share. The good news is it can only go down a maximum of another three-cents a share.