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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 > Bottom?
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Comment by Moemoney42on Nov 23, 2023 11:52am
78 Views
Post# 35750137

RE:RE:Bottom?

RE:RE:Bottom?
Holdrrrr wrote:
PennyDude wrote: I think we have hit the bottom for now, picked up another 12,000 shares @1.34 this morning.
Should be a news release coming out confirming receipt of PO with numbers attached.  This stock is not for the faint of heart but I for one have not lost faith in what we have and what technology inpact we will have on the EV and storage sectors.

Keep the faith!

Dude


I'm not sure where the bottom is here.  But I do know when these big banks/brokers and trading houses want shares on a small low volume stock, they don't slap the ask like retail. 

They use their leverage and big money to walk it down as low as they can, retail keeps averaging in, until eventually retail is exhausted and then they put their big bid in at the floor.  Once they load their boats they pump it so fast, everyone is in fomo and they all pile in LOL

Hopefully it turns for you guys soon

Agreed, they also short hard to create fear and raid stop losses once the decline starts to load up on cheaper prices that they can create with a small volume/low priced stock. 




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