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Discussion in 'Elio Stock Discussion' started by ACEpickles, Mar 19, 2016.
Is everybody bailing out on there stock in Elio?
Stock prices were rising, in part because shareholders were facing problems getting their shares to a point they could actually trade them causing a supply disruption. A Supply shortage drives prices UP. The actual value can only be determined by the market when the disruptions in both supply and demand have been solved and you get a fair market price discovery. I thought that was about to occur until a few more problems were reported from brokers who initially had traded and took Elio off their approved list. Probably from uncertainty rather than problems. Being the first in a class (Reg A+) has disadvantages as you are the learning curve.
My suspicion is that it will settle close to the initial share pricing of $12/share, but I could be very wrong.
The answer to the question "why the stock is price dropping?" is the same as the answer to "why did the stock appreciate so fast?" Speculation.
There have been no real fundamental changes on which to base large swings in the price. But, the stock market rarely is driven by facts. Fear, greed, hope, and a need for liquidity? Absolutely. Data? Only sometimes.
I didn't bail but, I wasn't going to lose money.
I only put down $100 non-refundable in 2013 after seeing the car
and meeting Paul Elio in Ft.Worth Texas.
I just want the car, so I invested in the crowdfunding to the tune of $5000!
When the stock came on the market and the price shot up I scrambled to
get my stock. Only to find most brokers wouldn't touch it because of changes
several years back to SEC regulations.
I had to move all my accounts to a new brokerage just to get my stock,
while a few lucky people made some quick money.
I felt Roush coming on board would help the stock, but then this news of
the 100 cars going to fleets for testing........well I'm not losing any of my money.
So I sold half my shares, and got my money back. I did my part to help Elio!
It's now up to them to make this thing fly.
All I'm going to do now is wait on my car....................P.S. I stopped watching
Breaking Bad at the end of season 4, when everything was good....Craig
I never saw the good breaking in any of the Breaking Bad episodes.
Where do you see people bailing out on it?
Price fluctuations doesn't mean everyone is selling it off.
There are 20m+ shares, a couple thousand traded is just a drop in the bucket.
If you do have some type of proof of people bailing out in mass, send us the link to the source.
If you're taking Jalopnik as some type of reporting, you've got nothing.
So if you would, please explain your statement.
The following is my opinion only. I have no knowledge or insight into EM or the stock market!
With the relatively small number of shares actually available to be traded, any share prices that are seen are almost entirely a result of pure speculation. The actual value of the share(s) will become clear only after production starts, and maybe not for some time after that.
I didn't mean to step on your statement Coss, "Where do you see people bailing out on it?
Price fluctuations doesn't mean everyone is selling it off. There are 20m+ shares, a couple thousand traded is just a drop in the bucket." is absolutely correct.
Thank you; some times it takes stepping back for a second to take in some of the things I say.
Wanted everyone to check out the latest from crowdfund insider site on the concept of 'mass personalization' to be presented on 3/24 at the N.Y. Auto Show. I believe that so many of the ideas being presented are trailblazing in the same way Steve Jobs reimagined the computer and smartphone.
The primary fear for anyone who participated in the start engine crowdfunding will be, in a few years, that unethical sites such as jalopnik scared you out of the future of transportation. Notice that the another part of transportation, aviation, isn't facing the attacks. Vertical take off and landing (VTOL) is coming for $12,000,000 in probably 6-8 years, but not enough clicks for the professional haters to profit from when XTI is only has a limited audience. Sales model is for 40-100 a year. So just always remember to consider jalopnik's bottom line and remember, at the end of the day, the future belongs to the dreamers and their supporters. For over 2000 years, we can only remember Copernicus, Da Vinci, Galileo, etc, and, can't begin to name their detractors. Nor will the detractors ever be able dull their brilliance!!! So ignore the day to day noise of the stock and jalopnik. One day we'll be wondering how like Keurig, Elio soared 10,000 percent!!! Tesla BTW IPO'd at $17 and now is $230 and change. We should be very comfortable with the $12 floor until world domination. Been in the Navy in Europe and Asia, Fiats, scooters, bicycles and rickshaws rule in much of the world. Exporting the easy credit card purchase along with the autocycle will lead to unimaginably massive numbers of sales. America will have what the world needs and wants. Do you know that smartphones are the primary and only computer for most of SE Asia. Elio, in the same way, is an unstoppable megatrend. So keep on being the dreamers!!!