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.

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Exro Technologies Inc > target price

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Comment by Moemoney42on Aug 16, 2024 12:07pm

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Post# 36182764

RE:RE:RE:RE:RE:target price

I consider that with every stock buy I make.. I'm certainly not risking the rent money so to speak.. ;-)

sorrenson wrote: Make sure you can afford to lose it. I put even odds of bankruptcy
or "restructuring" They wont think twice of tossing everyone under the bus and will give themselves more bonuses ,

Moemoney42 wrote: Thanks for your input.. I think I'm going to play the contrarian and grab a few at this level.. using the Buffet approach.. "buy when there's blood in the street".. hopefully it won't be my blood a year from now.. LOL.. :-)

nedstar71 wrote:
Moemoney42 wrote: Does anyone think this could be an over reaction and a bottom is in?
I would think there might be some potential for growth from this point forward, as long as they can maintain solvency..?

No. Less than year from now I expect the share price to be 10 cents or lower (r/s adjusted of course). The market cap is still completely way too high for this company and management team imo. The success story they keep trying to tell is fiction. Sooner or later the bs catches up.