RE:RE:RE:RE:RE:Technically speakingI prefer to think of the Share price on its way back to where it was before that ridiculous short attack. Mr. Market is always selling and pricing based on potential. (that's why the mean PE on the S&P 500 is nearly 16)
The short report tried to tell Mr. Market there wasn't any. The lawsuit was another bump on that road.
The road is now clear. Any future stumble will be of EXRO's own making and that is not a very likely scenario near or mid term in my view as they are taking each step in their process very seriously.
So now its simply a question of Mr. Market getting a handle on the potential for this tech. Each order from each industry/market segment helps expand Mr. Market's view of the potential.
And coincident with Mr. Market's attention is the attention of some very large companies that have interests in the same market opportunities as EXRO but lack the next big thing products!
They will evaluate EXRO from the perspective of what could they do with the TECH if they owned it. They will calculate the TAM (total addressable market) and then multiply that by their current or anticipated marketshare for each!
And that is a very, very different set of numbers and calculations from the ones analysts and even EXRO is working with now...
Just a thought or two....... but not on technicals!