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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 u30822on Jun 10, 2023 1:06pm
206 Views
Post# 35490017

My take

My takeMy take for the last few weeks. Prior to the financing I said there was something going on that we were not privy to. The stock price was drifting lower for no reason. We did find out the reason. The big boys and Exro both wanted the price lower. The big boys to get a sweetheart deal and Exro being able to move all the stock plus the over allotment. Some are saying the stock is being shorted down to this price. Very possible. There is no stock easier to short than a pre revenue penny stock that just did financing. I hope Viking is right and $2.00 was the bottom. Exro was probably aware of the shorting also as there was no news during this time. I am terrible at picking bottoms as evidenced by my adding to my holdings about $.015 ago. Im not sure how Darells purchase of 5000 shrs will affect anything. We will know if the $2.00 is the bottom if there is a news released next week  Anybody that thinks the big boys and the companies don't work together to get what they wan t is nieve.This is my opinion only and I am entitled to it. So you guys can have at it and tear it all apart. I really don't care. Have a nice weekend and stay out of the forest fire air. 
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