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Exro Technologies Inc. T.EXRO

Alternate Symbol(s):  T.EXRO.WT | EXROF

Exro Technologies Inc. is a clean technology company. The Company is engaged in developing power control electronics that expand the capabilities of electric motors and batteries. Its technologies include e-mobility (Coil Driver) and stationary energy storage (Cell Driver). The Coil Drive technology is an adaptive traction inverter that replaces the standard 3-phase inverter in electric vehicles. Utilizing its patented coil switching technology, the Coil Driver enables the motor to dynamically switch between two modes, series mode optimized for high torque at low speeds, and parallel mode optimized for high power and efficiency at high speeds. The Cell Driver technology is a fully integrated energy storage system designed for commercial and industrial applications. Its SEA-Drive power system provides a complete e-propulsion solution to original equipment manufacturers. It encompasses everything from high-capacity batteries and electric motors to next-generation control units.


TSX:EXRO - Post by User

Post by PappyGalloon Mar 02, 2021 5:40pm
248 Views
Post# 32698262

Scary Day need a Rebuttal

Scary Day need a Rebuttal In order for EXRO to resume on a positive note - EXRO needs to issue a rebuttal against the Short Report.   Many times this short reports turn out to be bogus but sometimes they hit the nail on the head.   I remember Muddy Waters brought down SinoForest years ago.    A year ago another company NTAR had a short report issued against it - while initially it hurt NTAR - their CEO issued several rebuttals quickly which I think stablized the market.

My point being, if we do not  get a rebuttal sooner than later then it hurts the stock.

I have liquated all my shares as experience has taught me that these short reports often have short term effect - it takes a few days for  investors to determine what is the truth.   If the rebuttal does not come out soon - my guess EXRO will open much lower tomorrow - probably a good time to buy again.

JMHO
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