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Exro Technologies Inc T.EXRO

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

Industrials
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

Exro Technologies Inc
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•••
Post by tamaracktopon Nov 25, 2022 12:32pm
254 Views
Post# 35128441

Do you remember this post ?

Do you remember this post ?
tamaracktop wrote:

Yesterday's 12% reversal off the opening came on some volume. It's bound to have been picked up by algorithms. Momentum players can have big roles in stock moves. Somewhat of a self-fulfilling prophecy. 



You should, it was only yesterday before the open. 

The stock had closed the day before ( Wednesday ) @ $1.55.

The additional good news is that there are algorithms designed to detect stocks that appear disproportionately among the biggest percentage gainers.

Exro is #2 at this point in the day in Toronto, after being #4 on the day yesterday.

This is definitely attracting momentum players who are adding to the volume, but I'll repeat my opinion that this isn't the type of market that breeds melt-ups.

If I'm wrong about that, you can count yourselves amongst a very priviledged and fortunate few.


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