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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. > Still no insider trade reports on SEDI
View:
Post by tamaracktop on Feb 18, 2024 10:41pm

Still no insider trade reports on SEDI

WTF?

If Sue or any other insider bought the issue, what the he'll is she/they waiting for?

Starting to like having been stopped out at $1.23.

This is getting annoying for shareholders.
Comment by Pandora on Feb 18, 2024 10:55pm
As of 11:59pm ET February 18th, 2024 Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction Volume or Value Price Feb 13/24 Feb 9/24 Meekison, William John Direct Ownership Common Shares 51 - Exercise of options 100 ...more  
Comment by tamaracktop on Feb 18, 2024 11:35pm
So? John exercised options at forty-one cents on February 9th. So what? That's meaningless. Why did he exercise his options, so he could sell the stock? If none of the insiders bought the financing, that's about as red as a flag can get. WTF is going on here?
Comment by nedstar71 on Feb 19, 2024 12:05am
I wouldn't expect too much insider participation in the offering.  Sue probably took a small number, you know, an amount that's for show so she is in no hurry to report it. This is what is going to go down here imo: Shortly after this deal closes, and it will, a minimum 1 for 10 reverse split will be executed, with the rational behind it being uplisting to the Nasdaq.  If it is ...more  
Comment by TeamEddie on Feb 19, 2024 2:15am
yes too bad though followed this from the .22 area and I suspect you may end up being right 
Comment by jboom70 on Feb 19, 2024 10:12am
There is a layer to that. Cancord has had a look under the hood and see's a way to sell those .95's at a profit otherwise they would never have done the deal and hurt their clients. I also think this is a way to get existing Sea shareholders liquidity. (cash out hence all the shares) That is to say they will sell into any NR when the lockup is finished. They will wait to do the RS until ...more  
Comment by Rokas92 on Feb 19, 2024 11:08am
Thank for you saying this at the end - "All just my opinion of course."  This means that we can completely ignore the word salad you wrote up lmao :D You guys are hilarious. Why not disclose you own 0 shares as well too.
Comment by jboom70 on Feb 19, 2024 12:16pm
What does owning shares have to do with evaluating a company?
Comment by TeamEddie on Feb 19, 2024 12:05pm
"This is getting annoying for shareholders." Did you ask shareholders?
Comment by Sarkazoo on Feb 19, 2024 1:54pm
Comment of the year lol. He gets stopped out at 1.23 and was upset about it until now, not because the shareprice is at .90 but because an insider buy has yet to be reported. 
Comment by ddogold on Feb 19, 2024 2:30pm
And not for his brilliant decision to hold after the share price doubled . You can certainly see that he has 30+ years as a broker . Yup, the man is a market genius . 
Comment by jboom70 on Feb 19, 2024 2:32pm
The lack of insider buying shows management doesn't even believe in this deal. If I was employeed at Exro or Sea and saw this as a bullish move, understood contracts were being executed or had any inkling they would be successful I'd jump at the chance to buy shares. I mean with a payed for house and Sue's salary how is she not buying?????
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