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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 Beret888on Aug 21, 2024 1:17pm
160 Views
Post# 36190179

RE:Tough to think about 'buying at the bottom'

RE:Tough to think about 'buying at the bottom'Most of the shorts were in well before the 50% earnings drop.  Since hope isnt a strategy most of us use to make trading decisions the short thesis is Exro is insolvent many including myself covered some on the earnings drop but the thought of a short squeeze on a stock thats down 80% this year is laughable.  Stocks usually get shorted for a reason.  I find it hard to believe all of a sudden Exro is going to all of a sudden reverse a steady 3 year decline.
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