ElioWallSteet
Elio Aficionado
The latest Elio news is pure financial manipulation...it has nothing to do with vehicle development or production...
A $2.5 million lifeline to Elio motors is basically insignificant... it’s a short term financial play to capitalize on the volatility of digital currency‘s...the principles might to well...but it’s likely the small investors will lose the majority of their money...
I would suggest everyone do their due diligence with regards to Overstock.com
Here’s a few recent highlights...
Overstock reported a 13 percent drop in fourth quarter revenue to $456.3 million, and a 3 percent decrease in sales for full-year 2017 to $1.745 billion.
Their stock briefly fell more than 16 percent but closed about 5.2 percent lower.
The company gave no significant update on a potential sale of its retail arm to focus on its cryptocurrency-related business.
Yes...Overstock .com is attempting to divest it’s retail business...
It’s also important to remember...digital currency‘s are an alternative banking platform...and are subject to very few regulations...they’re a very risky asset class...the majority of them have no real value...
A $2.5 million lifeline to Elio motors is basically insignificant... it’s a short term financial play to capitalize on the volatility of digital currency‘s...the principles might to well...but it’s likely the small investors will lose the majority of their money...
I would suggest everyone do their due diligence with regards to Overstock.com
Here’s a few recent highlights...
Overstock reported a 13 percent drop in fourth quarter revenue to $456.3 million, and a 3 percent decrease in sales for full-year 2017 to $1.745 billion.
Their stock briefly fell more than 16 percent but closed about 5.2 percent lower.
The company gave no significant update on a potential sale of its retail arm to focus on its cryptocurrency-related business.
Yes...Overstock .com is attempting to divest it’s retail business...
It’s also important to remember...digital currency‘s are an alternative banking platform...and are subject to very few regulations...they’re a very risky asset class...the majority of them have no real value...
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