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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 Danno13 on Jan 18, 2022 12:23pm

Buy Now

The company has come a long way.Manufacturing is around the corner and the share price is below $ 3.00.It's a gift to the investors who have been following the company.EV Mobile market is a big market but the stationary industrial electric motors is also a big market.Exro will be able to adapt all the older stationary Electric Motors and save the  industries tons of money.

Q:What can you do to prevent your shares holdings from being shorted?

A:Now what can the average personal investor do to stop their own shares being shorted, as believe me your own broker, if approached, WILL sell your own shares that they hold on your behalf as a nominee account.

 

There are two things you can do, the first is to certificate them but this is not obviously to everyone’s advantage but the alternative solution is simple. All you do is to phone your broker and put an order in saying that you wish to place your shares for sale at, for arguments sake, double today’s price. As they are ‘on order’ they cannot be lent out by your broker and in turn you are reducing the amount of ‘free shares’ out there that can be used for shorting purposes. And don’t forget to move your limit order up when the price starts to recover, then, that way your shares can’t be shorted – not much but helps :D.

Although an individual personal investor will not normally have enough shares to halt a concerted shorting attack, if a large number of holders did this it would reduce the overall amount of shares that they could get their hands on.

In my opinion well worth doing if not only for the knowledge that your own shares cannot and will not be used in a short attack against the very share that you own.


Q:What can you do to prevent your shares holdings from being shorted?

A:Now what can the average personal investor do to stop their own shares being shorted, as believe me your own broker, if approached, WILL sell your own shares that they hold on your behalf as a nominee account.

 

There are two things you can do, the first is to certificate them but this is not obviously to everyone’s advantage but the alternative solution is simple. All you do is to phone your broker and put an order in saying that you wish to place your shares for sale at, for arguments sake, double today’s price. As they are ‘on order’ they cannot be lent out by your broker and in turn you are reducing the amount of ‘free shares’ out there that can be used for shorting purposes. And don’t forget to move your limit order up when the price starts to recover, then, that way your shares can’t be shorted – not much but helps :D.

Although an individual personal investor will not normally have enough shares to halt a concerted shorting attack, if a large number of holders did this it would reduce the overall amount of shares that they could get their hands on.

In my opinion well worth doing if not only for the knowledge that your own shares cannot and will not be used in a short attack against the very share that you own.

Comment by John4434 on Jan 18, 2022 8:20pm
I would like to see 50k blocks of Exro getting bought by insiders. If this is going to have a future then these prices are cheap. The front office would be sending a huge signal with substantial share purchases. 
Comment by up2005 on Jan 19, 2022 3:23pm
Johnny I completely agree, their are many private investors holding way more stock then many of the insiders. The stock option game is a different matter. At this level I would like to see at least "some" insider buying. If they don't it sends the message we are not at the floor.
Comment by SIMPLICITI1 on Jan 19, 2022 6:36pm
Oh please.... No amount of insider buying in a pre revenue stock will stop what the entire market is experiencing. Stop wining and let the management team focus on building the business. As the old saying goes.....if you can't stand the heat.....
Comment by John4434 on Jan 19, 2022 8:03pm
I’ve sold and bought back Exrof many times. The last time they went up I dumped. I have 1500 shares at 2.10  if I saw some insider buying I might buy 20k but at this rate I can’t do it. I’m not complaining and even if I was your response would be irrelevant. We all want them to build the business but the Land deal that was talking 2000 units vanished and no contracts have been announced ...more  
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