Exro Technologies Inc. T.EXRO

Scary Day need a Rebuttal

[PappyGallo]

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

[newcoin]

The Short Report was very long and it will take some time to mount the proper rebuttal. As long as it's out before trade starts tomorrow. We'll be okay.

[PappyGallo]

I agree that it will take some time for EXRO to issue a formal rebuttal but at least they should state that the findings of the Report are inaccurate and that they will address each point in detail.   To not say anything - is not wise in my opinion.   For example one point is that one of the companies they have a partnership with consists only of a mailbox.   Surely

[PappyGallo]

Great - a rebuttal has been issued.   I look forward to EXRO correcting the facts regarding the Short Report.  

[TeamEddie]

watch and you will see the CEO of SEA Electric pay praise on EXRO  https://globalnews.ca/video/7621640/b-c-company-develops-electronic-motor-game-changer