What Is Elio Stock Trading For Today?

[BaldGuy]

That's a big savings and I wish where I lived, they had Elios instead of the fleet of Ford Escapes. The savings can go to fixing our streets.
Hopefully the current fleet owners will get that point across but I'm a bit worried that Brenden is not there and there might not be a replacement for him.

You do realize the car don't exist? I'm not sure you are trying to be funny or are serious.
Thinking of being the VP Fleet manager of Elio is funny. Imagine your daily work duties. lol

 

[Samalross]

Pretty well the only thing left with Elio Motors is the blog recycling machine

 

[BaldGuy]

Pretty well the only thing left with Elio Motors is the blog recycling machine

I think they still got the big factory and equipment and an office or 2 in Phoenix, Arizona.

 

[Travelbuzz1]

Someone is playing with stock prices, after 0.92 open, 1.05 comes up for 300 shares, then 1,000 shares for 0.92 again.

 

[Made in USA]

I see that 200 shares just sold for $0.825 and will see if someone pumps the price up.

Sometimes the stock market doesn't make sense. Elio has a factory, but it's sitting idle. They appear to be dead in the water. No information. Etc

Then look at First Cobalt. A Canadian mining company. They too are not producing (yet). They have the only refinery in North America that is permitted and can produce battery grade cobalt. They are checking out the plant and will test it in the first part of 2020. They hope to be producing by end of 2020. They will probably expand and more than double output by 2021. Their stock is trading for about $0.10
They are communicating and showing progress. (OTC name = FTSSF). https://www.firstcobalt.com/

So why should Elio Motors be worth eight times more? Like I said, it doesn't make sense.

 

[Travelbuzz1]

I see that 200 shares just sold for $0.825 and will see if someone pumps the price up.

Sometimes the stock market doesn't make sense. Elio has a factory, but it's sitting idle. They appear to be dead in the water. No information. Etc

Then look at First Cobalt. A Canadian mining company. They too are not producing (yet). They have the only refinery in North America that is permitted and can produce battery grade cobalt. They are checking out the plant and will test it in the first part of 2020. They hope to be producing by end of 2020. They will probably expand and more than double output by 2021. Their stock is trading for about $0.10
They are communicating and showing progress. (OTC name = FTSSF). https://www.firstcobalt.com/

So why should Elio Motors be worth eight times more? Like I said, it doesn't make sense.

Weeks previous to this it was normally .90 or higher with shares being sold up to 1800 at one sale for those who want to get out. Who is buying all of these shares is anyone's guest.

 

[Made in USA]

Elio stock is interesting. It's still around $0.90 a share. No idea why. No info, no blogs, not even a Merry Christmas. No ElioCoin.
If people decide to dump their stock time is running out. This begs a question: Would any of you be interested in buying stock at all under these circumstances? If the value dropped to $0.10 a share would you invest? My personal answer to this is no. Before I invest in them again I need to see something big happen and production start. I just don't trust Paul Elio's "promises".

If the stock gets de-listed from the OTC exchange, is it worthless, or would it still have value if the company were sold to someone?

 

[Watashiwah]

“If the stock gets de-listed from the OTC exchange, is it worthless, or would it still have value if the company were sold to someone?”

——————————-

Maybe someone can enlighten me here, but just what is there for Elio Motors to ‘sell’ to a buyer? Setting aside mountains of debt and what could be construed as ‘bad faith’ (not refunding ‘escrowed’ refundable reservations, a failure to communicate to shareholders and reservationists, and mysteriously disappearing officers, board members, and employees) there appear maybe only a ‘latest’ CAD design with no representative prototypes (much less, still no engine and/or powertrain even remotely defined).

There’s a manufacturing facility with very old equipment which likely is now relegated to ‘scrap’ and probably just as expensive to move. Everyday it’s just a more expensive albatross.

Any new enterprise that would even be brave (or insane) enough to enter the three wheeler market could create their own design within a week, and probably truly use many more of the ‘off the shelf’ components Paul and Co. promised almost a decade ago.

With all the talent Paul had and brought in, in particular Hari Iyer, how did it get so bad?

 

[Made in USA]

“If the stock gets de-listed from the OTC exchange, is it worthless, or would it still have value if the company were sold to someone?”

——————————-

Maybe someone can enlighten me here, but just what is there for Elio Motors to ‘sell’ to a buyer? Setting aside mountains of debt and what could be construed as ‘bad faith’ (not refunding ‘escrowed’ refundable reservations, a failure to communicate to shareholders and reservationists, and mysteriously disappearing officers, board members, and employees) there appear maybe only a ‘latest’ CAD design with no representative prototypes (much less, still no engine and/or powertrain even remotely defined).

There’s a manufacturing facility with very old equipment which likely is now relegated to ‘scrap’ and probably just as expensive to move. Everyday it’s just a more expensive albatross.

Any new enterprise that would even be brave (or insane) enough to enter the three wheeler market could create their own design within a week, and probably truly use many more of the ‘off the shelf’ components Paul and Co. promised almost a decade ago.

With all the talent Paul had and brought in, in particular Hari Iyer, how did it get so bad?

I think that Elio Motors itself has some value with all the "reservations" but if it goes bankrupt and somebody steps in, taking over the plant and designs without taking those reservationists into consideration, then they will generate bad-blood. So the way I see it, either the reservationists will be taken care of, or will lose everything. A similar design made some other place would have a fresh start.

 

[Watashiwah]

Hmmmm, i think the reservations, because of the discounting (the profit numbers never worked from the ‘get go’), are at the very crux of the financial problems. The reservations are a burden, not a benefit, imho. All that did was put a bunch of early money in the coffers.