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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 u30822 on Jun 10, 2023 1:06pm

My take

My take for the last few weeks. Prior to the financing I said there was something going on that we were not privy to. The stock price was drifting lower for no reason. We did find out the reason. The big boys and Exro both wanted the price lower. The big boys to get a sweetheart deal and Exro being able to move all the stock plus the over allotment. Some are saying the stock is being shorted down to this price. Very possible. There is no stock easier to short than a pre revenue penny stock that just did financing. I hope Viking is right and $2.00 was the bottom. Exro was probably aware of the shorting also as there was no news during this time. I am terrible at picking bottoms as evidenced by my adding to my holdings about $.015 ago. Im not sure how Darells purchase of 5000 shrs will affect anything. We will know if the $2.00 is the bottom if there is a news released next week  Anybody that thinks the big boys and the companies don't work together to get what they wan t is nieve.This is my opinion only and I am entitled to it. So you guys can have at it and tear it all apart. I really don't care. Have a nice weekend and stay out of the forest fire air.
Comment by Exrower on Jun 10, 2023 1:44pm
I'll add until options are set for however the new board members are we won't hear much .  Their saving the ammo for end of August after the summer doldrums .  We just need patience speaking of picking bottoms I bought at 2.21? 2.14 then 2.05 and now I'll wait and see where it goes  on Monday.  I'm sure we will look back in six months and see these prices as a ...more  
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