Post by
tamaracktop on Mar 31, 2024 7:33pm
The market has discounted the news
The acquisition of Se, and the concurrent financing, and the coincident dilution are now largely baked in to the stock price, and Thursday and Friday last week were big up days on big volume.
Look at the news over the last year, and add Sea to the equation as a subsidiary of Exro.
As of the close on Friday, the market is still valuing the company at less than it valued the company last February 2nd when it traded at $3.05.
Comment by
jboom70 on Mar 31, 2024 8:54pm
Get your head out of your Azz, the market hasn't worked out anything here yet. PLL are just still holding onto the dream and reality will smack them in the head soon enough. Give it 3 more quarters for the dream to pop and fade with more broken promises and investors wake up and see that Sea is also a pipe dream. Other stocks are making real moves why waste your time here.
Comment by
tamaracktop on Mar 31, 2024 10:37pm
With all due respect Jboom, ignoring the Azz comment, personally I think your wrong. It won't take 3 or 4 quarters to see if this is make or break. Tomorrow's open will be interesting, I think. ( hope ) The close even more so.
Comment by
jboom70 on Apr 01, 2024 5:12am
No, No it won't. This company (s) is fighting for their life here over the next year. As the information bleeds out and Sea sells a handfull of EV trucks this year along with Exro kicking the ball down the road again. This stock will erode downward. Might pop a little here and there but overall this is a loser.
Comment by
tamaracktop on Apr 01, 2024 7:40am
Earnings will be out today
Comment by
fleetwood on Apr 01, 2024 11:40am
EXRO never promised a rose garden for Q1 2024. They spoke about 2024 sales expectations overall. So once more, I point out that good cooking takes time. Sorry for the mixed metaphores. (:>)
Comment by
sorrenson on Apr 01, 2024 12:00pm
I would suggest you review the May 2023 forecast by the compnay..yes paid for by the company and the Q2 2023 UL certification .. They promised alot more than a rose garden but have provided nothing but endless manure .
Comment by
fleetwood on Apr 01, 2024 12:32pm
A lot has changed after May 2023, especially the slowing of the migration from ICE to EVs. It seems to me that Exro has attempted to be as transparent as possible. Also forecasts, projections, plans etc. are all subject to the future unfolding in whatever way it will. It doesn't serve any purpose to just complain all the time.