Elio Motors A Billion Dollar Company

[Aprilia]

IMO...Elio Motors does not have a billion dollar market cap...

3,000 shares a day on the pink sheets is not true price discovery...

Currently a few speculator's are buying & selling a small amount of stock daily...If the daily volume of Elio stock was 50,000 to 100,000 shares...that would paint a different picture...

There are no institutional buyer's for the millions of outstanding shares of Elio...

FYI...a Morgan Stanley study found that the current institutional ownership average among S&P 500 companies is 83 percent of shares outstanding.

The Reg A+ offering was a chance for small investor's who believe in the Elio story to buy a very small percentage of the company...

Elio Motor has not made a standard public offering...their stock has not been unwritten by any major financial institution...and the stock is not listed on a major electronic exchange...

Big price swings that suggest manipulation & speculation will not be a positive factor for Elio's reputation...and will actually make it harder for Elio to secure production funding...

If you can actually find a buyer at $40 to $65 a share...now would probably be a good time to sell...

 

[HonestTex]

There is am article on this on Forbes.com. Sorry, can't post the link, it was in my Google news feed.

 

[bowers baldwin]

There is am article on this on Forbes.com. Sorry, can't post the link, it was in my Google news feed.

http://www.forbes.com/sites/amyfeld...ation-days-after-listing-shares/#4620765d41cf

 

[TMOSteel]

View attachment 8574
http://www.forbes.com/sites/amyfeld...ation-days-after-listing-shares/#4620765d41cf

Here is one from Inc.:

How Elio Became a Billion-Dollar Startup in Two Days

http://www.inc.com/jeremy-quittner/elio-achieves-billion-dollar-threshold-in-two-days.html

 

[Kuda]

Here is one from Inc.:

How Elio Became a Billion-Dollar Startup in Two Days

http://www.inc.com/jeremy-quittner/elio-achieves-billion-dollar-threshold-in-two-days.html

 

[pistonboy]

View attachment 8574
http://www.forbes.com/sites/amyfeld...ation-days-after-listing-shares/#4620765d41cf

I do not feel comfortable with the idea that EM became a billion dollar company in two days. The vast majority of the shares are not traded. They are held privately and probably are prohibited from being traded for a few years. The price of the few shares that are being traded are driven by speculation. This is the tail waging the dog.

I do not believe EM is incorporated. Is it "Elio Motors Inc.". I don't think so. I suspect incorporation requires a lot more public disclosure.

 

[Rob Croson]

© 2016 Elio Motors Inc. All rights reserved. No portion of this site may be reproduced or duplicated without the express permission of Elio Motors Inc.

 

[outsydthebox]

....There are no institutional buyer's for the millions of outstanding shares of Elio...

.....Big price swings that suggest manipulation & speculation will not be a positive factor for Elio's reputation...and will actually make it harder for Elio to secure production funding...

You pose a dilemma. Listen to your advice?...or Listen to Forbes...

 

[outsydthebox]

I do not feel comfortable with the idea that EM became a billion dollar company in two days. The vast majority of the shares are not traded. They are held privately and probably are prohibited from being traded for a few years. The price of the few shares that are being traded are driven by speculation. This is the tail waging the dog.

I do not believe EM is incorporated. Is it "Elio Motors Inc.". I don't think so. I suspect incorporation requires a lot more public disclosure.

EM IS a corporation. The rest of your statement also has no foundation.
Soooo, Do I listen to pistonboy, or do I listen to Forbes?

 

[RUCRAYZE]

Throwing around all this big $$, is there now real $ to start production, without the Fed loan??
Is there any financial obstacle not to be announcing a WHOLE bunch of good news?
Am I really gonna be driving my E, sell my stock and basically have a "free Elio"?