What Is Elio Stock Trading For Today?

[Sailor Dog]

Some of the future value of Elio stock will depend on gas prices. If gas goes high (above $75 gal) and/or if electricity to charge EV's goes up, then the Elio will do well. If both gas and electric stay low, then the Elio will be less attractive to buyers.

Consider this article on just one oil supplier:

https://www.controleng.com/single-a...by-2023/f0a0886a55a5fdb41a4c2b81707dc541.html

Oil production in the Permian Basin will rise nearly 3 million barrels per day (mbd) by 2023 according to a report by IHS Markit (Nasdaq: INFO). Total oil production in the Permian will be 5.4 mbd in 2023, more than the total production of any OPEC country other than Saudi Arabia. Nearly 41,000 new wells and $308 billion in upstream spending between 2018 to 2023 will drive that growth. Production of both natural gas and natural gas liquids (NGLs) in the Permian are also expected to double during this period, reaching 15 billion cubic feet per day (bcf/d) and 1.7 mbd, respectively.

"In the past 24 months, production from just this one region-the Permian-has grown far more than any other entire country in the world," said Daniel Yergin, vice chairman, IHS Markit. "Add an additional 3 mbd by 2023-more than the total present-day production of Kuwait-and you have a level of production that exceeds the current production of every OPEC nation except for Saudi Arabia."

Despite the $308 billion price tag, access to capital will not be the primary challenge for Permian production in coming years. The outlook anticipates a market where oil prices stay around $60 per barrel or higher. In that price scenario, it is lags in necessary infrastructure, rather than the availability of upstream investment, that represents the greatest potential challenge, the report says.

(Click link to read entire article.

As an investor in DVN & ELIO... I could do $75 a gallon for gas; but unfortunately, I believe you meant $75 a barrel for WTI crude.

ELIO (& DVN) are up this morning (again)! They seem to be synchronized and up 2/3 to 3/4 of the time.

 

[Marshall]

Some of the future value of Elio stock will depend on gas prices. If gas goes high (above $75 gal) and/or if electricity to charge EV's goes up, then the Elio will do well. If both gas and electric stay low, then the Elio will be less attractive to buyers.

Consider this article on just one oil supplier:

https://www.controleng.com/single-a...by-2023/f0a0886a55a5fdb41a4c2b81707dc541.html

Oil production in the Permian Basin will rise nearly 3 million barrels per day (mbd) by 2023 according to a report by IHS Markit (Nasdaq: INFO). Total oil production in the Permian will be 5.4 mbd in 2023, more than the total production of any OPEC country other than Saudi Arabia. Nearly 41,000 new wells and $308 billion in upstream spending between 2018 to 2023 will drive that growth. Production of both natural gas and natural gas liquids (NGLs) in the Permian are also expected to double during this period, reaching 15 billion cubic feet per day (bcf/d) and 1.7 mbd, respectively.

"In the past 24 months, production from just this one region-the Permian-has grown far more than any other entire country in the world," said Daniel Yergin, vice chairman, IHS Markit. "Add an additional 3 mbd by 2023-more than the total present-day production of Kuwait-and you have a level of production that exceeds the current production of every OPEC nation except for Saudi Arabia."

Despite the $308 billion price tag, access to capital will not be the primary challenge for Permian production in coming years. The outlook anticipates a market where oil prices stay around $60 per barrel or higher. In that price scenario, it is lags in necessary infrastructure, rather than the availability of upstream investment, that represents the greatest potential challenge, the report says.

(Click link to read entire article.

If Gasoline prices get to $75 per gallon, you could sell Elio's all day for $30,000.

 

[Coss]

If Gasoline prices get to $75 per gallon, you could sell Elio's all day for $30,000.

Maybe, there will always be the family that thinks one vehicle is enough to do everything, and as we all know, that's not true.
You will still need the "family car" and the "weekend vehicle" and the commuter car for the week.
Elio will fit the commuter car, but it will never be the Do All and End All vehicle for everybody.
As Paul says "it's the --and-- vehicle"
Keeping them low priced is a strong selling point for them; the mileage and small size fits them too.
But they will never be the $30K do all vehicle.

 

[Travelbuzz1]

Maybe, there will always be the family that thinks one vehicle is enough to do everything, and as we all know, that's not true.
You will still need the "family car" and the "weekend vehicle" and the commuter car for the week.
Elio will fit the commuter car, but it will never be the Do All and End All vehicle for everybody.
As Paul says "it's the --and-- vehicle"
Keeping them low priced is a strong selling point for them; the mileage and small size fits them too.
But they will never be the $30K do all vehicle.

As I drove through the western side of North America (Includes Alaska, Canada, Mexico) these last 13 months and had the Elio bumper sticker on my 1995 Elio Jeep Grand Cherokee Limited V8. I explained to those who were interested about the Elio and what it can do for them. And during my 19K trip I explained that we have to look into how to get a deer strapped over the top of the Elio, and have its legs protruding out towards the right side of the vehicle. So, those who are hunters and the others who find a deer as road kill can bring it home for dinner.

 

[W. WIllie]

Just put the deer on the roof '"Spred-eagle" and it can hold on.

 

[mkiker2089]

Now is when I, a total noob, would predict Elio stock to take a short term drop or just level off. The news has been out long enough so the short term day traders have started to forget. Barring any new developments I think it should settle. If Paul is correct and things start moving in a few months then it will get interesting.

 

[Travelbuzz1]

Just put the deer on the roof '"Spred-eagle" and it can hold on.

The problem with the deer being " Spread Eagled " across the vehicle is that it looks like its mating and who wants to sit in traffic and worry about that.

 

[wizard of ahs]

Why not just put the deer in the SPACIOUS trunk

 

[Made in USA]

Thanks for the corrections. I did mean $75 barrel instead of per gallon. Still, the article is indicating that gas prices may not change much, up or down, in the foreseeable future.

As a side note, I find it interesting that the supporters of Tesla because of environmental considerations, are not complaining to Elon Musk about all his rockets that have gone up or all the future ones that are planned. Look at the fireballs coming out of them and tell me that that's not pollution! I think it's somewhat hypocritical. I also wonder if fire alarms for Tesla's would be a good business to get into.

 

[LillyMayPatterson #1685 & #5648]

If ever ... I would be driving along the road and see a dead deer on the side, I WILL pull over in front of it and wait for help to get it on the top of my Elio. Surely some guy would pull over and help an old lady get a great picture, right? And if he is good looking I will ask him to take off his shirt and pose with it.... OH MY !!! Specially if it is a cop !
About the stocks, I hope everybody is as set up as I am by now. It is going to be sink or swim from now on. Exciting times we are living. I am ready either way. I'll just sit here and dream about that naked cop.