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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 mollyrileyon Aug 26, 2023 1:41pm
150 Views
Post# 35606791

RE:Buying opportunity

RE:Buying opportunity
Viking2233 wrote: Next week should be interesting. Friday Exro closed at $1.98 and $2 is required to qualify for margin. Next week is end of month and brokers must get margin accounts on side. Now that Exro no longer qualifies for margin and next week being end of month should bring heavy selling pressure and a great buying opportunity for those with dry powder.

Brilliant post and totally makes  sense.Will be standing by for major discounted shares. Thx for the heads up. Unfortunately I have been in the exact same sellling pressure using margin in my early years of investing so know of what you speak is real.

MR
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