Replies to post #610 on Elio Motors Inc. (ELIO)

[foo_dd]

elio brings out extremes. there are the true believers... who would imagine some way it might still happen if they declared bankruptcy today... and there are those who hate elio... mostly those who are sick of waiting, and/or think it is a scam. most people are just waiting to see

my concern with the stock is that i think the issues with getting it into brokerages created an artificially constrained supply, and it is higher than it should be right now. the shares sold originally for $12. nothing has really changed since they sold them. (in fact, they delayed production another quarter) they should not be moving very far from $12 until there is something more concrete suggesting they will get to production. (IMHO)


personally, i managed to sell my shares, and offset my deposit. (Merrill is GTG, for those interested) so, if they fail, I'm out nothing. if they succeed, I'm 4230 in line.

i might buy back in in the future, but it will need to get back closer to where it should be.