Elio Motors A Billion Dollar Company

[John Painter]

While the simple math of (#shares) * ($/share) does reflect market cap, there likely wouldn't be a buyer for large chunks of stock at these prices. That unfortunately means that the true value of the stock is much less. Consider this: would any of you buy more stock at these prices when there is real risk of dilution? Unlikely. The same holds for investors with deeper pockets.

I'm willing to add to my stake, but not at these prices.

I'm praying for a stock split (a bunch of them over the years actually) when EM starts production to get more investors into the EM pool.

 

[bunchathrees]

While I am praying for another round of reg A+ @ $12/share in another quarter or two. I should have adequate "dry powder" for the risky part of my portfolio by then.

 

[Rickb]

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"?

Yes. If EM is worth $1 Billion without an actual product to sell there is the possibility that you will be selling enough EM stock to pay for your Elio.

 

[Jeff Porter]

You need to get with the times, John. I use the last technology in my stock trades.

View attachment 8583

"Reply hazy, try again."

 

[John Painter]

A Bi

Yes. If EM is worth $1 Billion without an actual product to sell there is the possibility that you will be selling enough EM stock to pay for your Elio.

If I wanted to cash out today, I'd have a free Elio. That sounds odd, but it's accurate.

 

[Aprilia]

If I wanted to cash out today, I'd have a free Elio. That sounds odd, but it's accurate.

Based on that comment...it's time to sell...

300% to 500% short term appreciation is a rare opportunity!

Possible stock splits are years out at best...if ever...

They could issue more stock which would be dilutive to current owners...

Very small chance there will ever be a dividend...

You'll more than likely get to purchase again at a lower $$$ figure...

Sell....

 

[TCBronson]

Who is even able to sell? I have to wait 4 days after Fidelity gets the documents I sent them to authorize the transfer, maybe some time next week. By then the stock price, with my luck, will be down around what I paid for it. I think the rich guys that bought stock before I qualified are the ones that can sell now and who may be the ones manipulating the market. just a thought.

 

[John Painter]

Based on that comment...it's time to sell...

300% to 500% short term appreciation is a rare opportunity!

Possible stock splits are years out at best...if ever...

They could issue more stock which would be dilutive to current owners...

Very small chance there will ever be a dividend...

You'll more than likely get to purchase again at a lower $$$ figure...

Sell....

No interest in selling, I'll wait awhile for my marshmallow.

 

[Aprilia]

Who is even able to sell? I have to wait 4 days after Fidelity gets the documents I sent them to authorize the transfer, maybe some time next week. By then the stock price, with my luck, will be down around what I paid for it. I think the rich guys that bought stock before I qualified are the ones that can sell now and who may be the ones manipulating the market. just a thought.

Elio stock actually shows up on my OptionsXpress electric trading platform (this allows me to adjust my investment holdings as necessary without calling a broker)...

You can attempt to sell or buy via an automated trading platform if you have an existing online electric trading account...with Elio's low volume you'll have to wait for a floor broker to match up the buyer/seller...most major exchange limit orders only take seconds to process...but grey sheets are less liquid...and can take considerably longer...

Be careful not to execute a "market order" if you sell...who knows what price you'll receive!

Last reported trade was $40...down 33.33% today...shares volume today has been 2,681... today's transaction range has been $40 to $60...

The $60 trade could have been either short or long...

While I typed this...last trade flipped to $53.50...than 5 shares traded for $40 again!

Wild swings...thin volume...$10 price changes are crazy!

Hopefully some of you have sold at these high numbers...

 

[NSTG8R]

Elio actually shows up on my OptionsXpress electric trading platform (I adjust my investment holdings as necessary on a regular basis)...

You can attempt to sell or buy via electric trade if you have an existing online electric trading account...

Last reported trade was $40...down 33.33% today...shares volume today has been 2,681... today's transaction range has been $40 to $60...

The $60 trade could have been either short or long...

While I typed this...last trade flipped to $53.50...

Wild swings...thin volume...

Hopefully some of you have sold at these high numbers...

Yeah...I'm not too impressed with OTC's "Real-Time" updates. Still showing $40. I have no intentions of selling any time soon either, it's just entertaining to watch.