RE:RE:RE:RE:RE:RE:Fire sale?Pandora wrote: Holdrrrr wrote: u30822 wrote: Pan, How many shares of Exro does Traynor hold? I can't seem to find that info.
I haven't heard anything about Traynor holding exro. I know he held alot tcf energy which is a value right now imo, they sold hard I picked up a few. Another big one Traynor held was a weed stock, but I never heard a word about exro.
The statement from the newsletter:
- A little on our recent share price performance. Finally, I just wanted to provide a little insight into recent performance. As sophisticated capital markets participants, you understand that it is tough to fight the current when your sector is out of favour. While Exro has outperformed most peers (and all indices) over the last 12 months, the recent trade has been heavy, even for an EV stock. Some indiscriminate selling pressure had weighed on the shares, a portion of which we understand to be tied to some tragic circumstances several weeks ago out of Toronto. If you're unaware, I won't get into details – Google "Traynor Ridge" for some insights. With feedback from our capital markets partners, signs point to this position, which is now being cleaned up. We will look to rebuild our base with demonstrated execution and news flow announcements in the weeks ahead.
If you have any questions, please don't hesitate to contact me, Jeff O'Dowd (jodowd@exro.com)
That newsletter has no date-but exro has been in decline for quite awhile, and it accelerated early September. Traynors positions weren't sold until mid-late October
POSITION DUMP
Brokers began to dump the fund’s positions, which included at least three cannabis companies — Curaleaf Holdings Inc., Cresco Labs Inc. and Cannabist Company Holdings Inc. — and a tiny energy exploration company named Trillion Energy International Inc., said the people, who spoke on condition they not be named because of the sensitivity of the matter
This is all I got lol