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What Is Elio Stock Trading For Today?

Aprilia

Elio Addict
Joined
Feb 16, 2016
Messages
131
Reaction score
224
Location
Woodlands, TX
Just a quick thought about the wide spread between the bid-ask pricing with regards to the current Elio stock quotes...

If you start to see the bid & ask prices drift widely apart... you should ask questions...

A large bid-ask spread usually indicates light trading in a stock...which may mean the pool of investors interested in trading the stock is dangerously small.

Thin (light) trading volumes can also result in you paying too much of a premium for a stock... or not getting a very good price when you sell.

Additionally...wide big-ask spreads also increase the costs to buyers & sellers...since the difference you’re paying is in effect a fee.
 

Aprilia

Elio Addict
Joined
Feb 16, 2016
Messages
131
Reaction score
224
Location
Woodlands, TX
FYI...based on the current bid-ask price...Elio's market cap is a billion dollar plus...

My best advice...let reality be your guide...Elio stock is not trading in a healthy manner...

Congratulation to those that were able to sell shares at these prices!
 
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