What Is Elio Stock Trading For Today?

[Made in USA]

Went to Patrick Bryne's website and asked the question if he will be supporting Elio's fundraising in the future. No surprise, he did not respond (yet). There was one response from an anonymous person who was adamant that Patrick was irresponsible when he gave money to Elio and that they will never produce anything. Oh well, at least I tried.

 

[84mpg]

Went to Patrick Bryne's website and asked the question if he will be supporting Elio's fundraising in the future. No surprise, he did not respond (yet). There was one response from an anonymous person who was adamant that Patrick was irresponsible when he gave money to Elio and that they will never produce anything. Oh well, at least I tried.[/
“There was one response from an anonymous person who was adamant that Patrick was irresponsible when he gave money to Elio and that they will never produce anything.”
No doubt that anonymous post came from a esteemed member of this forum.... lol....

 

[RSchneider]

Remember, there's a class action lawsuit against him and Overstock. It's mostly to do with him spending lots of money on all his blockchain business all while Overstock was failing. It comes as no surprise that Elio will be brought up as part of that.

 

[Watashiwah]

It’s not clear if Pat personally put in that money or if it was OSTK. Whatever, it sure churned up the stock price: many figured incorrectly that the sentiment was deeply ‘anti Byrne.’ I know I initially did; made some pretty good money on one transaction then lost a whole lot on the other side. OSTK is hard to figure.

 

[RSchneider]

It’s not clear if Pat personally put in that money or if it was OSTK. Whatever, it sure churned up the stock price: many figured incorrectly that the sentiment was deeply ‘anti Byrne.’ I know I initially did; made some pretty good money on one transaction then lost a whole lot on the other side. OSTK is hard to figure.

That's the reason for the class action lawsuit. Pat used Overstock as sort of a personal piggy bank all while Overstock business was hurting. When you are a public company, you have to be careful and not just draw from that company, for your personal pet projects. It's pretty obvious that the BoD just rubber stamped whatever Pat wanted to do. If it wasn't for the insurance company refusing to cover Pat, he'd still be in charge. Now Pat sold all of his remaining stock and is buying up gold and silver.

I think it's safe to say that Elio Motors is all on their own to get the Eliocoin up and running, so they can raise the money they need. Pat, along with Overstock, have bigger fish to fry at the moment. It now makes me wonder if the updates that Pat had about Elio Motors are just like everything he writes on his blog. Is Elio Motors recoding it for a release in December? Is there going to be a way to jump in line?

 

[TexasTesla]

Monday October, 14th quote

....

 

[TexasTesla]

 

[RSchneider]

View attachment 23706

Just so you know, that $75 dollar trade was for 100 shares. One person was testing the waters and that's it. After that it was realistically a $60 day.

 

[TexasTesla]

Only 50 shares traded today...which is less than $50 total stock volume...

Basically illiquid...

....

 

[vick]

View attachment 23714

Only 50 shares traded today...which is less than $50 total stock volume...

Basically illiquid...

....

They were my 50 shares that I sold today! I finally gave up on my faith in Paul Elio!