What Is Elio Stock Trading For Today?

[RSchneider]

I also forgot. In the SEC filings, there were a number of people that got stock based compensation yet they could not exercise on that for years down the road. At this point in time, those dates have come up and thus why they are unloading it.

 

[Interested]

I also forgot. In the SEC filings, there were a number of people that got stock based compensation yet they could not exercise on that for years down the road. At this point in time, those dates have come up and thus why they are unloading it.

At current value why would they bother? Can they write off the stock as a loss?

 

[RSchneider]

At current value why would they bother? Can they write off the stock as a loss?

Yes. Most likely because those employees moved onto another company and have no faith in the current one to rise from the ashes. As it looks, sell now before it is delisted.

 

[BaldGuy]

Stock value is low, no question on that. Sad. Guess people don't realize Paul is now a used car dealer and funding Elio Motors one car sale at a time.

Hopefully, 2024 will the the year of the Elio or at least some major news. The Elio-E was the last big Elio news that I remember. I still want the Elio-G myself. (never know when I might visit Chicago)

 

[RSchneider]

Stock value is low, no question on that. Sad. Guess people don't realize Paul is now a used car dealer and funding Elio Motors one car sale at a time.

Hopefully, 2024 will the the year of the Elio or at least some major news. The Elio-E was the last big Elio news that I remember. I still want the Elio-G myself. (never know when I might visit Chicago)

You never know. Paul might sell off those prototypes at his dealer. So give him a call and throw down an offer. They are collectors. So offer him $10K for one of them.

 

[JEBar]

it was reported a good while back that the prototypes were gone .... they were part of the collateral for one of the company's loans and were forfeited when the loan wasn't paid back

 

[Interested]

Elio stock up 80% to 0.0009 from 0.0004 (11:12 EST 4/11/24)

 

[RSchneider]

Elio stock up 80% to 0.0009 from 0.0004 (11:12 EST 4/11/24)

Now it's up to 0.0014. So, it's taking off.

 

[Interested]

Now it's up to 0.0014. So, it's taking off.

Ended up 180% increase. Way up to $.0014
Not even a penny stock. I can understand why someone wants to sell, but why would anyone buy?

 

[RSchneider]

Ended up 180% increase. Way up to $.0014
Not even a penny stock. I can understand why someone wants to sell, but why would anyone buy?

Welcome to the world of sub penny stocks. People buy up some stock and then go all over social media trying to prop it up and see if others take the bait. It's very common.