What Is Elio Stock Trading For Today?

[Rickb]

Just hold on tight...and don't be faked out by the volatility...you'll love the exponentially higher price a year or two from now. 5 times normal volume... everyone is too news dependant...don't use that as a pacifier. Time is your ally. Don't worry about the short term... painful drops are costly but necessary for the VC money to buy in. Reservations matter the most... direct from Elio Motors! Impresses the VCs and DOE. Big things are coming...don't be the who sold Tesla under $50!

The stock price fluctuation is insignificant. It's what the markets do. Investing in a new startup like EM is a high risk gamble, a crapshoot, a long term investment. Frankly, a tested prototype matters the most to Reg A+ investors, future VC's, DoE, and me (Elio owner wannabe). Tangible progress to production would likely increase the EM stock value.

 

[Sailor Dog]

We agree... amazing! Exception...not a gamble or crapshooter any longer... it's a new era for stimulus!

 

[wizard of ahs]

Timber! Closed at $11.70, down almost 31% since Paul's investor presentation 11/3, when it was $16.95. That's now below the original opening price back in February. Down every day since that presentation, despite broader market gains (DOW) of over 200 points each of the last two days. Something tells me the investment community didn't like what Paul had to say.

Time to buy back all those shares I sold for $75

 

[Sailor Dog]

That's what I meant

 

[SandyCWV]

Just the opposite, I think he was saying that he was going to use his non-allocated money to purchase more Elio stock while it was low to be the guy who bought additional "Tesla under $50".

That is exactly what She is saying. LOL

 

[TCBronson]

I have a limit order for an additional 100 shares when it hits $10.00, hopefully any day now!

 

[NorTracNY]

Just hold on tight...and don't be faked out by the volatility...you'll love the exponentially higher price a year or two from now. 5 times normal volume... everyone is too news dependant...don't use that as a pacifier. Time is your ally. Don't worry about the short term... painful drops are costly but necessary for the VC money to buy in. Reservations matter the most... direct from Elio Motors! Impresses the VCs and DOE. Big things are coming...don't be like the sucker who sold Tesla under $50!

No reservations do not matter as much as meeting milestones towards production and becoming profitable.

Please don't mislead people here. You are correct that IF Elio starts producing and is successful the stock will be many multiples of what it is now.

 

[Marshall]

Timber! Closed at $11.70, down almost 31% since Paul's investor presentation 11/3, when it was $16.95. That's now below the original opening price back in February. Down every day since that presentation, despite broader market gains (DOW) of over 200 points each of the last two days. Something tells me the investment community didn't like what Paul had to say.

GOOD! It's a buying opportunity.

 

[Marshall]

GOOD! It's a buying opportunity.

ps I want it to hit the bottom in mid December when I can buy. I get funded in December, but it will take a bit to get it to the right accounts for trading.

 

[Marshall]

How does dilution work? Is it an announced event, like stock split, or does it just happen as a company sells more stock?

http://www.elioowners.com/threads/here-is-the-skinny-on-the-stock.7138/page-3#post-147838

ps If my memory is correct (and that is questionable) many of the original investors (~25M shares) bought in at $5.99/share while public shares (~1.6M shares) (IPO?) came out at $12.

I welcome corrections if my memory is wrong.