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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 > Looking forward
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Comment by nedstar71on Jun 20, 2023 10:57am
71 Views
Post# 35505177

RE:RE:RE:RE:Looking forward

RE:RE:RE:RE:Looking forward
tamaracktop wrote:
tamaracktop wrote: What's changed. 

At the company level, nothing has changed. 

In the market, psychology has changed. 

The moving averages have been dropping for some time now.

They're somewhat of a self-fulfilling prophecy. 

Why buy a stock that's going down?

The stock is oversold.

Friday's volume shows increasing interest at these prices. 

The stock is oversold, for the reasons previously described. 

It's not unreasonable to expect a rally back above the issue price at some point in the near future. 

When the stock trades above the issue price for some time, the short term MA's will turn higher again for the first time in many weeks. 

It will take on a whole new complexion.

This is what will happen 



June 10th. 

Right on the low at $2.02

Up 10% in nine days.

It's a start.

Purely because of the coverage initiated yesterday.  Didn't hold.  You posting and patting yourself on the back always lead to weakness.  You must be cursed.  Now stfu.
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