Exro Technologies Inc T.EXRO

No opportunity cost/loss yet...

[tamaracktop]

Post by tamaracktopon Dec 01, 2023 10:54am

156 Views 

Post# 35763388

Perilously close to my stop

"Not a train stop, a stop-loss.

Very close to a year-long round trip.

I went long here last November 7th at $1.22.

It's since been to $3.05 and back, but not quite.

I hate round trips.

A lot of traveling to get where you started.

Maybe I'll get stopped out, maybe I won't. 

If I do, I'll probably be doing you all a favor. 

Personally, I'm still a 100% believer, but I'm not going to lose money on this."

It's been over two weeks now since I was stopped out at $1.22 on December 19th.

I haven't incurred any opportunity cost,... yet.

I don't invest is things I don't understand, hence I've never touched bitcoin.

I don't stay invested if I don't understand what a stock is doing either, hence I'm no longer on board here.

Personally, I can only point to the cloud overhead of an imminent financing as being the apparent cause of this floundering.

I think the stock will respond well once it's announced and the market knows the terms.

A bought deal is obviously highly preferable.

Either financing news or a development that ensures sustained and significant recurring revenues is probably what it will take to break out of this malaise.

If either of these scenarios come to pass, and if we see a real move on a few million shares, I'll be one o the first to jump right back in.

Even if the stock is much higher when I do.

 

[u30822]

TT I have a question for you. What happens to a warrant if the stock gets bought out. Nothing to do with Exro, just curious. Thanks in advance.

[tamaracktop]

Exactly the same as if the market bids the stock higher for any other reason. The terms of the warrant are immutable. They can't change retroactively for any reason at all.  If a stock splits, the exercise price of any outstanding warrants is automatically halved, for example.  The warrants pose no risk of ever having their terms changed for any reason in any way.

[DRSeus]

you went from $1.22 to $3.05 and rid it all the way back down and say "I haven't incurred any opportunity cost,." I would say you lost well over 50% of what you had

[sorrenson]

I would really appreciate it if you can call someone and get this back over $3    I thank you in advance for your assistance 

[Nha1985]

Question for everyone here..if the sp were to get back to over 3.00 a share in the next  couple quarters. What do you suppose  the chances are that whatever  caused the sp to increase  that much in that time period would not keep the sp climbing  past that point based of of continued  decent news? Like it feels like unfortunately   we're down because

[DRSeus]

the share price is where it should be as currently it is a spec play with not much business 

[tamaracktop]

One week ago. They've got to get the financing over and done with. Make it history.