The way institutional investor's think Today's BB has lots of agonizing about Exro's share price. Yes, I agonize along with you. But I think the SP is being limited by the way institutional investor's think. They want to see concrete results. They want some real production, some actual sales, some results to show the enterprise is actually performing. No big investments in mere storytelling. If the SP is not performing, the institutions go elsewhere; they have lots of previously analyzed alternatives to consider. The traders’ income is determined by month-to-month successful trades, not by longer term thinking. But you already know this stuff.
In the MarketCall that Gates referenced (thanks BTW), Bruce Campbell referred to Exro’s 5-year plan, something I had not heard mentioned before. He said StoneCastle Investments has a position and expect the SP to take off when product starts to be delivered. I think Exro understands that as well, and that explains a lot about their approach to financing and Press Releases. They know the word is already out there, they see orders coming in, they’re focussed on ramping up production and delivering. Remember Covid? Recall the supply chain issues? Taking everything into consideration, I think Exro’s doing really well. I’m hangin’ in and anticipate big things. Go Exro!