Post by
tamaracktop on Mar 28, 2023 1:41pm
Things sometimes can and do turn on a dime
It may seem like a long shot, but under the circumstances, it's not as remote a possibility as it would normally be.
The federal budget will be tabled at 4 pm, and the market as yet has no idea the extent of incentives and tax breaks that will be extended towards electrified transportation.
The stock has traded 110,000 shares as of 1:30 vs 150k all day yesterday, and is sitting here looking pretty aimless at $2.53.
$2.60 may look like a brick wall right now and the stock may look dead in the water, but personally I'm not ruling out a late surge on volume.
Actually I expect it.
I don't think prospective buyers who know their going to commit funds here are going to wait around to read the fine print.
This is exactly the type of situation where the difference in trading activity can change from night to day literally overnight. lol.
We may be on the cusp of a Jekyll and Hyde-type transformation that sees Exro wake from its two-month slumber.
A new life.
A Renaissance!
The more I think about it, the more and more likely it seems to me.
Comment by
tamaracktop on Mar 28, 2023 2:33pm
2 catalysts in 2 days. The market looks ahead. $2.55 on 119,000 shares. I say it moves higher before the close on at least another 150k. At least.
Comment by
tamaracktop on Mar 28, 2023 2:45pm
Ha! A little early to pass judgment don't you think? $2.55 on only 122,000 shares now at 2:45, but do you have an idea how long an hour is in marketland?