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What Is Elio Stock Trading For Today?

Ekh

Elio Addict
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EKH, Am I seeing it right only three entities are bidding on this stock. NITEu, CDELu & HAMR, Who is W.R.Hambrect & Co.LLC, who is one of Elio's 'partners'. I say just wait till tomorrow and the rest wake up. As far as this stock going down, it fluctuated today like twelve time between $21.00 & $23.00.
Are you sure that those three are buying Elio? They may be stock symbols for other quite active listed companies. I don't know right now but will research this tomorrow.
 

John Painter

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EKH, Am I seeing it right only three entities are bidding on this stock. NITEu, CDELu & HAMR, Who is W.R.Hambrect & Co.LLC, who is one of Elio's 'partners'. I say just wait till tomorrow and the rest wake up. As far as this stock going down, it fluctuated today like twelve time between $21.00 & $23.00.
This is the OTC market though, where there's a history of it being used to "pump and dump". I'm pretty surprised actually at ELIO's movement, we might be seeing some short selling starting to happen.
 

Johnny Acree

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Are we allowed to sell? I'm thinking about the lockup rule.

Insiders Locked-Up
Although the number of shares offered will differ from one IPO to another, nearly all IPOs have some sort of lock-up period. A lock-up period is a caveat placed on insiders and pre-IPO holders that prevents them from selling their shares for a set period of time after the company has gone public. A typical lock-up period is four to six months. For example, Twitter's IPO, which debuted on November 7, 2013, has a lock-up period of 180 days. This means that Twitter's executives and directors won't be able to sell their shares until 180 days after the November 7 IPO date.
 
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