Folks
Elio Addict
Who said production was delayed until 2019? News to me!!!!!Decided to bail out of my Elio stocks today. Sold them all. Made enough profit to cover my $100 all in and get the rest back.
So basically I'm even. Why did I bail? With Elio delaying production yet again to 2019, I decided I could invest better in something else.
I also considered that if they do get listed on the NYSE that the stocks I had would be diluted and be worth less. (Didn't Warren Buffet say rule #1 was don't lose money?) There are too many unknowns for me to remain comfortable. No answers coming anytime soon from the looks of it. Still if they do produce, and I hope they do, I will buy one.