What Is Elio Stock Trading For Today?

[RSchneider]

I wouldn’t buy stock in any new or decade old startup company that hasn’t completed their R&D and has no product to test and review.

So you would not buy stock in this company then (which has been around since the 70's and did an IPO in 2006):
https://moller.com/

This company proves that you can keep the dream going way longer than Elio has. he made his millions from selling SuperTrapp.

 

[Rickb]

So you would not buy stock in this company then (which has been around since the 70's and did an IPO in 2006):
https://moller.com/

This company proves that you can keep the dream going way longer than Elio has. he made his millions from selling SuperTrapp.

No.

 

[TexasTesla]

So you would not buy stock in this company then (which has been around since the 70's and did an IPO in 2006).

Absolutely not!

...

 

[TexasTesla]

This company proves that you can keep the dream going way longer than Elio has. he made his millions from selling SuperTrapp.

Different set of circumstances than Elio Motors...

They didn’t have $100 million of debt...and the huge liability of paying massive rent on a vacant manufacturing facility in Louisiana...

...

 

[TexasTesla]

I wouldn’t buy stock in any new or decade old startup company that hasn’t completed their R&D and has no product to test and review. I did buy a small number of $FUV shares only after their long list of positive industry media reviews and personally test driving one of several Betas. A risky investment to help fund the acquisition of a manufacturing facility and equipment. The $Millions of funding generated was actually used to complete the AMP milestone. It confirmed my confidence as a long term investor wanting to buy the product and support the vision of a decade old startup that had used private funding to complete the R&D up until the Reg A+ funding round needed to get to the production starting line.

Very well stated... you’re absolutely correct!

...

 

[RSchneider]

Different set of circumstances than Elio Motors...

They didn’t have $100 million of debt...and the huge liability of paying massive rent on a vacant manufacturing facility in Louisiana...

...

Moller is in debt. It's because they did all of this work for another company and never got paid. Here's the company and they are still in business:
https://freedom-motors.com/

 

[Rickb]

Moller is in debt. It's because they did all of this work for another company and never got paid. Here's the company and they are still in business:
https://freedom-motors.com/

Debt is yet another primary reason to not invest in a startup Company that has no product to sell.

 

[RSchneider]

Debt is yet another primary reason to not invest in a startup Company that has no product to sell.

I suggest you click on the link and then find out who owns Freedom Motors. It's a great weekend research project. Hint: The first name of the owner is "Paul"

 

[Made in USA]

Last I looked Elio stock was down to about $2.22 and seems to be slowly dropping.

 

[Made in USA]

Elio stock did go up a little, for a while, but as of 11:00EST it was down to $2.05
Not looking good. Where is Paul?