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Exro Technologies Inc T.EXRO

Alternate Symbol(s):  EXROF | T.EXRO.WT | T.EXRO.WT.A

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 vehicles. Utilizing its patented coil switching technology, the Coil Driver enables the motor to dynamically switch between two modes, series mode optimized for high torque at low speeds, and parallel mode optimized for high power and efficiency at high speeds. The Cell Driver technology is a fully integrated energy storage system designed for commercial and industrial applications. Its SEA-Drive power system provides a complete e-propulsion solution to original equipment manufacturers. It encompasses everything from high-capacity batteries and electric motors to next-generation control units.


TSX:EXRO - Post by User

Post by TheDallyLamaon Mar 25, 2021 11:09am
183 Views
Post# 32875085

Can I get some help....

Can I get some help....So am I correct in assuming that what a short sellers plan is includes "borrowing" shares at a certain price, then selling these borrowed shares for cheap in an effort to pull the stock price down to the price at which the stocks were borrowed?

If that is the case, and naked shorting (although technically not permitted) is going on, then can the shorters not keep doubling down on their position until the support for the stock becomes overwhelmingly positive? Put another way, can the shorters not drag the stock price down indefinetly with the only way to turn it around being extremely positive support?

Either way, those of you who have been around know I am long here, but I'm just trying to learn about this. Unfortunately I haven't been on the board much lately as there are clearly some posters here with dishonest intentions, and I'm just not enjoying the conversation as much. The reddit board for this stock is pretty spectacular. 
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