Elio Stock Sale A Success? Has There Been A Press Release?

bunchathrees said:

It is a risky investment - that's for certain. Even should the product launch, there is too little data to determine how effective the organization will be after start up. *** If the price collapses due to accredited investors seeking liquidity, I just might double down.

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Jim G said:

Actually, I wouldn't be at all surprised to see the stock take a hit once trading starts. You have lots of small investors in the stock (who typically are easily rattled in the face of volatility) AND a shitty stock market dynamic right now (which could easily take a turn for the worse on a dime). For me, this is a long-term speculative buy, so I don't really care what happens day-to-day in terms of pps. I like the vision and the potential here. I also believe that the likelihood of success has increased substantially with the $17M stock raise. Transparency in showing the market the company's ongoing progress in achieving its business plan remains critical, however, as the company will need to raise a lot more money in order to bring its very innovative cars to market.

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Jim G said:

Actually, I wouldn't be at all surprised to see the stock take a hit once trading starts. You have lots of small investors in the stock (who typically are easily rattled in the face of volatility) AND a shitty stock market dynamic right now (which could easily take a turn for the worse on a dime). For me, this is a long-term speculative buy, so I don't really care what happens day-to-day in terms of pps. I like the vision and the potential here. I also believe that the likelihood of success has increased substantially with the $17M stock raise. Transparency in showing the market the company's ongoing progress in achieving its business plan remains critical, however, as the company will need to raise a lot more money in order to bring its very innovative cars to market.

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Jim G said:

Actually, I wouldn't be at all surprised to see the stock take a hit once trading starts. You have lots of small investors in the stock (who typically are easily rattled in the face of volatility) AND a shitty stock market dynamic right now (which could easily take a turn for the worse on a dime). For me, this is a long-term speculative buy, so I don't really care what happens day-to-day in terms of pps. I like the vision and the potential here. I also believe that the likelihood of success has increased substantially with the $17M stock raise. Transparency in showing the market the company's ongoing progress in achieving its business plan remains critical, however, as the company will need to raise a lot more money in order to bring its very innovative cars to market.

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bunchathrees said:

Interestingly, this company is some people's only investment. Not sure if that is bravery or fool heartiness. This is long shot investment and people need to be ready to lose it all. And while I am willing to double down on my small investment here, I expect to get a much better deal once the stock goes live.

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TCBronson said:

If the stock price goes down below our buy in at $12.00, then I see it as a buying opportunity and may try to buy a few more shares for the long term.

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wizard of ahs said:

Good plan, but at my age there is NO LONG TERM

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James Reveal said:

Yesterday & March 2016, was a big day for ELIO on the over the counter market, ELIO sold 4.93 Million shares of stock at approximately $25 per share. So yesterday ELIO raised $123Million on the $280 million need to fully fund production one more day like that and production is assured. If you bought stock in the Start Engine presale at $12, your stock has more than doubled on the over the counter market.

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