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Bullboard - Stock Discussion Forum 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... see more

TSX:EXRO - Post Discussion

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Post by Burgersandfries on Mar 02, 2021 9:01pm

Shorts

Likely naked shorts out of the US.talk to ur broker and if they have access to daily short reports as mine does I was told around 11am the shorts on the Canadian exchanges were less than 1 percent of the float. Yep naked shorting is illegal but it's also rampant. I like Exro’s chances to come out of this in a positive way. But then wtf do i know.
Comment by jboom70 on Mar 02, 2021 9:19pm
Cramer said Gamestop was short 140% of float. Still wrapping my head around this one. Guys today might have started as a short attack but the real drop came from retail pressing the  GTC (Go To Cash) button All those shares bought $3 and below today will be dumped at 20-30% profit when this opens. Going to be a wild ride till it settles.
Comment by BearBull007 on Mar 02, 2021 10:07pm
Stop loss settings could also have been triggered.
Comment by Exrower on Mar 02, 2021 11:31pm
Really  you need a new broker the short position today is 15 m plus up from 10m     And that’s on the Cdn venture , but hey thanks for your valuable  unput 
Comment by Burgersandfries on Mar 02, 2021 11:58pm
Yah maybe seemed strange, I'll ask him tomorrow I've just followed the Stockwatch reports that are published every two weeks which obviously in a case like this doesn't mean anything. What site are you looking at? 
Comment by Exrower on Mar 03, 2021 12:17am
Shortdata.ca the short reports come out every two weeks 
Comment by Burgersandfries on Mar 03, 2021 12:37am
As does stockwatch but we won't see march 1 numbers for a few days not sure why it lags shortdata.ca. To me the big question is how many shares are short as of March 2? And where can you find the daily short report? If the number is low like he said then they covered in Canada. The big question is how many are short or naked shorts in the US. If shorts covered today should be good news if they ...more  
Comment by Exrower on Mar 03, 2021 1:31am
Likely a fair bit of covering today ,  but when we do resume trading I expect a   Coordinated buying front and we will move up . I was lucky  to buy some in the twos today but just missed out on more at the halt.  It was bugging me why we had been moving down over the last ten or so days , it’s clear now the shorts were hard at work.   Too many good things coming to hold ...more  
Comment by Exrower on Mar 03, 2021 12:00am
I’ll remind everyone to put their shares up for sale at higher prices ,  my daughter just informed me wealth simple won’t let her ask 100$ So try 20$. Dont let  your brokerage firm  borrow your shares. That will help squeeze the shorts.
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