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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 tamaracktopon Jan 28, 2023 2:20pm
289 Views
Post# 35252061

Hypothetical judicious use of margin

Hypothetical judicious use of margin

Someone opens a margin account and pays cash for 2000 shares of Exro today.

When it goes over $5.00, it becomes 50% marginable.

They WAIT until it corrects, and then turns higher again, and is still over $5.00, and they double up using their margin.

If they get a margin call, they sell stock to cover it.

They'll very likely be selling at a profit.

It's a built in stop-loss.

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