EXRO Vancouver Dynamic Motors
Updated
AI dynamic motors getting some pop this week. Expecting some positive earnings in 2020 with new use in electric bicycles, await some EV uses.
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Pop cannon week for this one. Huge potential with AI for dynamic motors to optimize something that hasn't for near a century.Note
Rentry position at 0.18Note
Trade active
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Spike today with some profit takers during Technology presentation by CEO Sue Ozdemir this morning, formerly with GE Industrial Motors 9 years and . 90% of uses will be covered by own labs, with other 10% requiring a partner, due to size of motor and qualifications (>300 KW). Profitability is estimated in 2023 with many EV motor applications taking 4 months to close on fast end to 6-9 months on slow end and they are taking an approach to grow their lab capabilities from 200KW motors to 300KW motors this year. A unique technology offering an improvement in torque for electric motor technology with dynamic power control.Note
Sue entering automotive leadership council and good exposure for the real deal partnerships. Holding long, limit entries/exits for 1/3.Note
Fibonacci hitting expected resistance zone this week with announcement of 1st automotive approval
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