What Is Elio Stock Trading For Today?

[Made in USA]

Just thinking of another possibility. I (and perhaps others) are thinking the current seller/buyers bought their stock at least a few years ago. Perhaps they are just jumping in, in the last few months, and are happy making a little something on their trades. Trying to manipulate it to their advantage. Don't know, but it's a possibility.

 

[Samalross]

Today someone raised the stock price 10 percent and added $1.6 million market cap for only $110. Great stock for manipulation.

 

[Elio Amazed]

21,541 shares traded at 1:40 ET
- 0.50 -0.17 -25.37%
This does not look good.

Closed at 0.55

 

[Watashiwah]

So some ‘day trader’ (best case, a single ‘day trader’) leveraged well over $ 10,000 to maybe get $ 1,100 on such a worthless and sketchy stock, that could have just as easily plummeted in price? Is just as unlikely that multiple ‘day traders’ are doing the same with smaller fractions at the same ratios. Sure 10 percent in a day or two is a fantastic ROI but just too dicey without manipulation!?!?

It seems extremely more likely that there are owners of big blocks of stock that prop it up, then try to dump. Pump and dump—-rope a dope....

Hence my concern that Paul and Hari and Co. might try one last bogus ‘hail Mary’ or shuffling the shells around, at anytime...it’s not unreasonable to think that Paul and Hari brought in ‘friends and associates’ as investors that are also (Principals included!) seeking to mitigate their losses and/or, even more likely, get, at least, something out of their stock option deals.

 

[Samalross]

Too bad that Elio Motors does not report its financials. Hope the SEC forces them to disclose.

 

[Watashiwah]

Too bad that Elio Motors does not report its financials. Hope the SEC forces them to disclose.

It is a funny coincidence that Connie, the ex- (and unreplaced) Chief Financial Officer apparently went to another company in Canada. And it is equally as interesting that she came to Elio Motors from a position with Hari S. Iyer.

Small world!!

 

[Samalross]

I wonder if she is afraid to come back, and is pulling a Patrick Byrne

 

[Watashiwah]

I wonder if she is afraid to come back, and is pulling a Patrick Byrne

FWIW, Pat never had a fiduciary responsibility to Elio Motors’ shareholders and reservationists, ex-CFO Connie Grennan did. She is now apparently at Peraso Technologies in Toronto, Canada.

 

[Samalross]

Best bid $ 0.33 needs to be manipulated some more

 

[Watashiwah]

It’ll be back up by COB, Friday!!