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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

Comment by Danno13on Jan 25, 2023 6:42pm
197 Views
Post# 35246614

RE:RE:RE:Very interesting note from my Brokerage

RE:RE:RE:Very interesting note from my BrokerageArticle from Seeking Alpha:

What can you do to prevent your shares holdings from being shorted?

 

Now, what can the average personal investor do to stop their own shares being shorted, believe me, your own broker, if approached, WILL sell your own shares that they hold on your behalf as a nominee account.

There are two things you can do, the first is to certificate them but this is not obvious to everyone’s advantage but the alternative solution is simple. All you do is to phone your broker and put an order in saying that you wish to place your shares for sale at, for argument's sake, double today’s price. As they are 'on order' they cannot be lent out by your broker and in turn, you are reducing the amount of 'free shares' out there that can be used for shorting purposes. And don't forget to move your limit order up when the price starts to recover, then, that way your shares can't be shorted - not much but helps.

Although an individual personal investor will not normally have enough shares to halt a concerted shorting attack if a large number of holders did this it would reduce the overall amount of shares that they could get their hands on.

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