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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

Exro Technologies Inc > Can I get some help....
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Post by TheDallyLama on Mar 25, 2021 11:09am

Can I get some help....

So am I correct in assuming that what a short sellers plan is includes "borrowing" shares at a certain price, then selling these borrowed shares for cheap in an effort to pull the stock price down to the price at which the stocks were borrowed?

If that is the case, and naked shorting (although technically not permitted) is going on, then can the shorters not keep doubling down on their position until the support for the stock becomes overwhelmingly positive? Put another way, can the shorters not drag the stock price down indefinetly with the only way to turn it around being extremely positive support?

Either way, those of you who have been around know I am long here, but I'm just trying to learn about this. Unfortunately I haven't been on the board much lately as there are clearly some posters here with dishonest intentions, and I'm just not enjoying the conversation as much. The reddit board for this stock is pretty spectacular.
Comment by ShadowVlican on Mar 25, 2021 11:27am
I'm not sure how it all works either, but it almost seems like the shorts have the upper hand. From previous posts from more knowledgeable folks, the shorts have successfully managed to keep pushing this stock down to new levels.
Comment by GregMan241 on Mar 25, 2021 12:38pm
shorts only have the upper hand in the event of an equity that is priced too high.... which is not the case on this stock.... the potential is huge with EXRO and anyone that isn't careful will lose a ton shorting it....that is why they sound so desparate..... what happens next week when more news is put out.... EXRO is doing great today considering the downward pressure applied to the market ...more  
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