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Elio Stock Sale A Success? Has There Been A Press Release?

Jim G

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It is a risky investment - that's for certain. Even should the product launch, there is too little data to determine how effective the organization will be after start up. *** If the price collapses due to accredited investors seeking liquidity, I just might double down.

Actually, I wouldn't be at all surprised to see the stock take a hit once trading starts. You have lots of small investors in the stock (who typically are easily rattled in the face of volatility) AND a shitty stock market dynamic right now (which could easily take a turn for the worse on a dime). For me, this is a long-term speculative buy, so I don't really care what happens day-to-day in terms of pps. I like the vision and the potential here. I also believe that the likelihood of success has increased substantially with the $17M stock raise. Transparency in showing the market the company's ongoing progress in achieving its business plan remains critical, however, as the company will need to raise a lot more money in order to bring its very innovative cars to market.
 

RUCRAYZE

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Actually, I wouldn't be at all surprised to see the stock take a hit once trading starts. You have lots of small investors in the stock (who typically are easily rattled in the face of volatility) AND a shitty stock market dynamic right now (which could easily take a turn for the worse on a dime). For me, this is a long-term speculative buy, so I don't really care what happens day-to-day in terms of pps. I like the vision and the potential here. I also believe that the likelihood of success has increased substantially with the $17M stock raise. Transparency in showing the market the company's ongoing progress in achieving its business plan remains critical, however, as the company will need to raise a lot more money in order to bring its very innovative cars to market.
Thanks, and welcome
X:LII, time to turn in, night all
 

RUCRAYZE

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Actually, I wouldn't be at all surprised to see the stock take a hit once trading starts. You have lots of small investors in the stock (who typically are easily rattled in the face of volatility) AND a shitty stock market dynamic right now (which could easily take a turn for the worse on a dime). For me, this is a long-term speculative buy, so I don't really care what happens day-to-day in terms of pps. I like the vision and the potential here. I also believe that the likelihood of success has increased substantially with the $17M stock raise. Transparency in showing the market the company's ongoing progress in achieving its business plan remains critical, however, as the company will need to raise a lot more money in order to bring its very innovative cars to market.
Thanks, and welcome
X:LII, time to turn in, night all
 

bunchathrees

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Actually, I wouldn't be at all surprised to see the stock take a hit once trading starts. You have lots of small investors in the stock (who typically are easily rattled in the face of volatility) AND a shitty stock market dynamic right now (which could easily take a turn for the worse on a dime). For me, this is a long-term speculative buy, so I don't really care what happens day-to-day in terms of pps. I like the vision and the potential here. I also believe that the likelihood of success has increased substantially with the $17M stock raise. Transparency in showing the market the company's ongoing progress in achieving its business plan remains critical, however, as the company will need to raise a lot more money in order to bring its very innovative cars to market.

Interestingly, this company is some people's only investment. Not sure if that is bravery or fool heartiness. This is long shot investment and people need to be ready to lose it all. And while I am willing to double down on my small investment here, I expect to get a much better deal once the stock goes live.
 

Jim G

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Interestingly, this company is some people's only investment. Not sure if that is bravery or fool heartiness. This is long shot investment and people need to be ready to lose it all. And while I am willing to double down on my small investment here, I expect to get a much better deal once the stock goes live.

One thing that the stock has going for it is that it has a low float. It should be relatively easy, therefore, for the company and its larger investors to keep pps from dropping too far once trading begins -- and heck, it may actually go up! Of course, you might well get an opportunity to buy in lower -- especially if the general market tanks -- but I don't imagine that any hit to the pps will be either terribly significant or long-term. JMHO (and no crystal ball to guide me......) Good luck!
 

James Reveal

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Yesterday & March 2016, was a big day for ELIO on the over the counter market, ELIO sold 4.93 Million shares of stock at approximately $25 per share. So yesterday ELIO raised $123Million on the $280 million need to fully fund production one more day like that and production is assured. If you bought stock in the Start Engine presale at $12, your stock has more than doubled on the over the counter market.
 

John Painter

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Yesterday & March 2016, was a big day for ELIO on the over the counter market, ELIO sold 4.93 Million shares of stock at approximately $25 per share. So yesterday ELIO raised $123Million on the $280 million need to fully fund production one more day like that and production is assured. If you bought stock in the Start Engine presale at $12, your stock has more than doubled on the over the counter market.
I'm not sure Elio Motors stock has ever traded above 4000, let alone 4 million in volume.
 
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