What Is Elio Stock Trading For Today?

[Coss]

Stock from closing today:

Elio $1.80 up .12 or 7.14%

 

[Watashiwah]

How does the stock price hover at even this price?

Unfortunately, one scenario that would almost, for sure, put in the ‘final nail’ would be an injection of around $100million to $125million (bogus* or bona fide) and the stock price jumping to $5.80 to $6.00. Then we’d really see what the Elio Motors business plan really morphed into.

* no more SEC oversight. Without SEC reporting, there is ‘no controlling authority’!!

 

[Made in USA]

Update on H.R. 2381 (115th): Autocycle Safety Act:

Introduced
May 4, 2017
115th Congress, 2017–2019

Status
Died in a previous Congress

Congress operates in two-year cycles that follow elections. Each cycle is called a “Congress.” This bill was introduced in the 115th Congress, which was from Jan 3, 2017 to Jan 3, 2019. Bills are not carried forward from Congress to Congress.

This bill was introduced on May 4, 2017, in a previous session of Congress, but was not enacted.


Source
Congress.gov

 

[Ty]

If it were a more "normal" stock, with actual income and earnings and losses... logically it would be headed to penny stock range.

But are Elio stockholders normal investors? If this board is any indication, the stock is an emotional holding. Elio's current stock price values the company at over 50 million dollars. Given the current finances and outlook, Elio is absurdly overvalued.

Elio going to pink sheet will hurt, but perhaps not as much as more "normal" stocks. The stock appears destined to be a penny sooner or later, but it may take a quite a while.

Over priced? Don't they have $25 Million worth of prototypes? ...

 

[Watashiwah]

Now OTC says ‘Stop’ and has a warning. Is this another level of Pink? The earlier one just said ‘Pink’.

Edit: this is ‘new territory’ for me but it appears, to me, that now with absolutely no info, it is assumed to be ‘insider trading’. Is that what 10b is all about? Very interesting: I have learned a lot from all this, thanks everyone!!

 

[Samalross]

View attachment 23559

Now OTC says ‘Stop’ and has a warning. Is this another level of Pink? The earlier one just said ‘Pink’.

Edit: this is ‘new territory’ for me but it appears, to me, that now with absolutely no info, it is assumed to be ‘insider trading’. Is that what 10b is all about? Very interesting: I have learned a lot from all this, thanks everyone!!

Paul Elio cannot trade now. Until Connie Greshham (sp?) signs off on 10k, insiders can not trade. I am sure he is working on his next venture, but with his string of losses, it will be hard to find another billionaire to invest. At least he made millions of dollars to soften the blow.

 

[Elio Amazed]

View attachment 23559

Now OTC says ‘Stop’ and has a warning. Is this another level of Pink? The earlier one just said ‘Pink’.

Edit: this is ‘new territory’ for me but it appears, to me, that now with absolutely no info, it is assumed to be ‘insider trading’. Is that what 10b is all about? Very interesting: I have learned a lot from all this, thanks everyone!!

It's not the fall that kills you. It's the sudden stop at the bottom.

 

[Watashiwah]

Paul Elio cannot trade now. Until Connie Greshham (sp?) signs off on 10k, insiders can not trade. I am sure he is working on his next venture, but with his string of losses, it will be hard to find another billionaire to invest. At least he made millions of dollars to soften the blow.

So, since the share price dropped almost immediately to $1.50 from around $1.80 (almost 17 percent) when ‘insiders’ were prohibited, does that maybe indicate that ‘insiders’ may have been propping it up?

Over the years, there appeared to be plateaus where the stock got stuck at, one was around $6.00.

 

[Samalross]

So, since the share price dropped almost immediately to $1.50 from around $1.80 (almost 17 percent) when ‘insiders’ were prohibited, does that maybe indicate that ‘insiders’ may have been propping it up?

Over the years, there appeared to be plateaus where the stock got stuck at, one was around $6.00.

It has been manipulated all along. Volume was so light, it would be very cheap to do. I am sure Paul Elio would sell his shares for 25 cents if he could find a buyer legally. Should be some interesting lawsuits coming up.

 

[RUCRAYZE]

So where are the "secure Funds" that was to be in escrow for those folks who "wanted in" ??
Was it not to be placed in an account that would protect it????