• Welcome to Elio Owners! Join today, registration is easy!

    You can register using your Google, Facebook, or Twitter account, just click here.

What Is Elio Stock Trading For Today?

Sailor Dog

Elio Addict
Joined
Mar 17, 2016
Messages
812
Reaction score
1,210
Location
South West
Last edited:

RSchneider

Elio Addict
Joined
Jan 6, 2017
Messages
2,839
Reaction score
1,932
Location
Hellertown, PA
3.20 -0.29 -8.31%:brick::brushteeth:.. :closed_2: ..... :help:...This is all about the short selling since October 15th.
Shares Traded: 2 6 0 3
For the more sophisticated, :popcorn: press on this link: https://www.otcmarkets.com/stock/elio/quote
3.20
-0.29 -8.31%
3.13 / 3.20
(700 x 186)
I doubt this has to do with shorting the stock. There's not enough of a price swing or volume to make it worthwhile. I think it's just being manipulated to keep it above $3 just because that's a psychological thing where people use amounts like that. Pretty much anything along the lines of $1 to $10 even though it makes no difference if it's $2.90 or $3.10 vs $3.40 and $3.60.
 

Travelbuzz1

Elio Addict
Joined
Jul 21, 2015
Messages
751
Reaction score
675
Location
Sioux Falls, South Dakota
I doubt this has to do with shorting the stock. There's not enough of a price swing or volume to make it worthwhile. I think it's just being manipulated to keep it above $3 just because that's a psychological thing where people use amounts like that. Pretty much anything along the lines of $1 to $10 even though it makes no difference if it's $2.90 or $3.10 vs $3.40 and $3.60.
The 15th was when ElioCoin with private investors was trying to rise 25M and they more than likely fell short. Since then it has dropped and the only playing field is short selling and potential investors in small amounts.
Today so far:
3.64 +0.63 +20.93%
3.20 / 3.65
(100 x 400)
 
Top Bottom