Exro Technologies Inc T.EXRO

Remember folks

[TeamEddie]

we want to be aware of both sides of the coin, and with the timeline a raise will be needed so DCA

[Viking2233]

I am not sure a raise will be necessary. I believe that we will have a series of news between now and year end which will move the share price up. If the news is material we should get to the $3+ range which will cause warrants to be exercised which will generate cash for the company. If Exro announces firm contracts with guarateed revenue they will be able obtain financing from traditional banks

[TeamEddie]

I think in the long run with debt so expensive a little more dilution might be the better option

[SIMPLICITI1]

So what?  What is the problem with financing if it leads to more upside? And please don't give us the dilution argument.

[TeamEddie]

your emotional replies tell a great deal  Now read what I said - I think a a financing is a better plan than taking on debt  and at no point did I say it was bad I said DCA 

[SIMPLICITI1]

My reply was to your earlier post . Get a grip Eddie boy

[TeamEddie]

your reply would still not make sense I said dillution woul be the better option  listen I understand you look at your position and you are down a great deal and you get defensive its ok, but maybe just maybe realize your advice and timing of entries does not make you the best person to take counsel from

[Viking2233]

Respectfully I disagree with you regarding dilution when we are sitting at $1.50 and any equity raise/bought deal  would be done at a 10-15% discount, which equated to about .20 cent discount which brings us to $1.30 and markets will knock it lower to $1.20. The facts are we have lots irons in the fire regarding material news, some tied to revenue generating contracts. We have two groups of

[TeamEddie]

Yes I hope you are right 

[Rokas92]

Is that finantial advice? A lot of people lost money catching this falling knife. 

[TeamEddie]

do you mean you lost money entering and then the price fell and you sold and took a loss? and it would have been better for you to DCA?

[Pandora]

Google always helps: Dollar-cost averaging   Dollar-cost averaging is the practice of systematically investing equal amounts of money at regular intervals, regardless of the price of a security. Dollar-cost averaging can reduce the overall impact of price volatility and lower the average cost per share. Dollar-Cost Averaging (DCA) Explained With Examples

[Rokas92]

I DCA'ed for a while, sold off ENPH in the high 100's, consolidated a little overweight to be honest. You would think the bottom is in, but with EXRO you can expect anything it seems...Currently only DCA into Tesla, my backup plan and hold BTC.