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What Is Elio Stock Trading For Today?

Discussion in 'Elio Stock Discussion' started by Ekh, Feb 20, 2016.

  1. Made in USA

    Made in USA Elio Addict

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    This is interesting. Got the following off the Elio website. Notice the last update (in bold). I would think they would show daily results even if no stocks were traded. Perhaps all trading has been suspended?

    Detailed Quote for Elio Motors Inc (ELIO)
    $ 0.9311 0.00 (0.00%) Volume: 0 3:50 PM EDT Aug 15, 2019

    close 52 Week Information
    52Wk High [​IMG]
    August 30, 2018
    Price: 4.90000009
    52Wk Low [​IMG]
    August 15, 2019
    Price: 0.93110001
    [​IMG]
    [​IMG]
    Today 5d 1m 3m 1y more
    Last Price
    0.9311
    Change $
    [​IMG]
    Change %
    [​IMG]
    Tick
    [​IMG]
    Bid
    N/A
    Bid Size
    N/A
    Ask
    N/A
    Ask Size
    N/A
    Open
    N/A
    High
    N/A
    Low
    N/A
    Prev Close
    0.9311
    Last Trade
    08/15/19
    Volume
    0
    52 Wk Hi
    4.90000009
    52 Wk Low
    0.93110001
    Market Cap
    28.04m
    Ex-Div Date
    N/A
    Div Rate
    N/A
    Yield
    N/A
    Shares
    30,118,597
    EPS (TTM)
    -0.889999985
    PE Ratio
    N/A


    close Market Information
    Listed On
    OTC Pink (OTCPK)

    Exchange

    OTCPK
     
  2. Ty

    Ty Elio Addict

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    Hmm...
     
  3. Samuel Gompers

    Samuel Gompers Elio Aficionado

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    While it is possible that the stock is suspended, if you look at the spread (0.89/1.29), it just doesn't make any sense for a trader to buy a stock that requires a 30-45% move just to break even.
     
  4. RSchneider

    RSchneider Elio Addict

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    Elio stock is not suspended. Elio has done nothing wrong. They will get about 4-5 years before the SEC will suspend it for about 2 weeks then it'll go back for another 4-5 years. Elio has another 10 years before the stock is yanked if they do nothing when it comes to filing. There are lots of stocks out there that trade for less than a penny for a few years and still trade today. They have been out of the filings for many years. If you want to really see it, then go look into the Rare Earth Minerals/Mining Stocks (especially anything that does lithium). Elio looks like a saint compared to that industry. If those companies can go on for almost 10 years and literally have no website, no filings or no communication with the outside world for that long, it shows me that Elio has many years ahead of them with their current business practices. I'd peg it to be 2026-2028 for their reckoning day. Then from there, a simple 3-5 page filing will give them another 5 years.

    No matter how you think the SEC will come down on Elio, it's not going to happen for a while. So, just ride it out like Elio motors is doing. You never know, a Saudi Prince might just meet up with Paul and the whole project is a go.
     
  5. RSchneider

    RSchneider Elio Addict

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    If you see, one trade for 500 shares and the price went down to $0.88. So no stop on the trading. All is fine.
     
  6. Made in USA

    Made in USA Elio Addict

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    I'm still on track for it hitting 75 cents by end of month. Wonder at what price others will either bail or buy into. If I were to guess, without any news from Elio, there will be a lot more selling than buying soon. Could be some will not ever sell, preferring to take the loss. I have no idea why anyone would buy under the current situation. (Well maybe bragging rights. I once owned shares type of thing.)
     
  7. Samalross

    Samalross Elio Addict

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    For the people riding it down be careful. To get the tax loss, you have to be able to sell it. If you have a brokerage account, they will buy your stocks for a dollar. Not sure if electronic accounts have the same system. Once the stock is down to $.10 I would sell it to make sure. My guess that this will be the price at EOY, people selling for tax write off.
     
  8. Made in USA

    Made in USA Elio Addict

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    Opened at 0.88
    Date Time Price Volume

    08/20/2019 09:30:50 0.89 100
    08/20/2019 09:30:03 0.77 100
    08/20/2019 09:30:02 0.875 151

    Getting closer to my 0.75 prediction.
     
  9. RSchneider

    RSchneider Elio Addict

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    It's now moving away. Elio is up 18% today and over $1. So there must be something going on. SOLO and FUV stocks seem stagnant. I don't understand why.
     
  10. Kuda

    Kuda Elio Addict

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    'OL 2951 Bazinga!

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