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Bullboard - Stock Discussion Forum 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... see more

TSX:EXRO - Post Discussion

Exro Technologies Inc. > The road ahead....
View:
Post by CoCa827 on Jun 19, 2021 8:16am

The road ahead....

I do not think short-sellers and bashers will be able to knock us off our holdings.
The weighted average of the long-term holders pre-November 2020 the bulk of "accumulation" occurred somewhere between $ 0.40 and $ 1.46. https://www.tradingview.com/x/H52BxzCu/
We are now well into the second wave of "accumulation" which begun with those that boarded the 3:10 to Yuma. Price, volume behaviour at 4.25 to 4.30 this week all indicate this second wave of "accumulation" may have caught sellers looking left. 
The stock is gaining breadth. Notice at the end of March there were 22 market makers clearing trades on the TSX-V. Today there are 36. This "uplift" will increase the radius of coverage - and it will not be to sell the stock.
Having a consistent daily volume of over 309,000 is our lagging indicator.  
Shortstops are nearby. Still sticking to:                                                                                                      By end of Q4 - $15.12 to $15.36
By end of Q3 - $ 10.24 $ 11.34
By end of Q2 - $ 5.9 to $ 6.12
Comment by newcoin on Jun 19, 2021 12:03pm
Excellent time to buy stocks while the summer doldrums are occurring. Get them while they're hot. Get them before the market figures out what a tremendous opportunity this is.
Comment by Sarkazoo on Jun 19, 2021 12:17pm
no chance they knock us off. Exro is a company for the future and embodies everything that is required to build a successful industrial scale business. Let's talk about the updates we've recieve the past 3 months which would drive market value but has yet to move the shareprice: A new +30,000 square foot facility in calgary to manufacture up to 100,000 coil drivers per year (this was ...more  
Comment by Exronly on Jun 19, 2021 2:05pm
  great Analysis. Keep in mind this is all customer driven.  Sue would have NEVER committed to build a manufacturing facility to make 100,000 if she wasn't absolutley certain she could sell them, to whom and for how much.  So there is a customer sitting there.  Furthermore Linamar also would have NEVER ever undertaken such an agreement with Exro if Linamar wasn't ...more  
Comment by CoCa827 on Jun 20, 2021 1:57pm
The "Dam" is about to burst. It cannot be held back by short sellers and profit takers for much longer.
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