I agree and its cheap. Noticed three insiders got 70K shares they have options to buy at $3 per share. Nice incentive to get it to much higher price! My guess is the weather issues in both Minneapolis and Atlanta market will offset profits a little bit and somebody is selling because of it. I think they will still have a better 1st quarter than last year. Time will tell. I know the one msg board person thinks big share games are being played and I would have to agree seems like a lot of 100 shares trades that really don't make sense. Have a nice day.
So you think all this comes from someone or some entity wanting to sell their shares, huh?
If that were true, then they've got to be the absolute dumbest ghit on the planet and in the entire history of the planet nor do they seem to learn from their repeated trials.
If someone or thing were trying to sell their shares, and as you allege they are the same ones behind the persistent walking down of the share price in 100, 200, 300 share increments, then what is their motivation for your alleged desire to sell them at a lower price? That is the effect of that repeatedly low-volume walk down in price.
This tactic doesn't even work if the one doing the selling is aiming to sell lots of shares short. Those "sellers" would only want a HIGHER price.
It only works if the shares being walked down are the ploy to trigger OTHERS to sell and do so at a much lower price than what it was BEFORE the walk down.
Examine the evidence.
Ask yourselves if I deceive, lie, obfuscate, distort or in any other way attempting to corrupt the system, the markets, stocks, or this stock or the company it represents?
Over the last thirty-five years, people in this country have been lied to. They have been deceived into thinking the markets in this country are honest, regulated, enforced and worth the risk. Ask yourselves if everyone in the markets must play by the same rules and that those rules, regulations and laws governing these markets are subject to the same enforcement for everyone?
We're talking about the only avenue left for the great majority to prepare for their future.
For all intents and purposes, there are no more pensions. There are no more unions and the legacy unions and pensions are being undercut as we speak by the pro-mega-corporations, the bankers and their lackeys in government, the media, and pretty much all the other institutions including education, religious, social, financial, military, health, etc. And they neither show nor have mercy.
Not in the least.
The manipulation comes when the price drops repeatedly in 100, 200, 300 share increments, EXACTLY AS IT HAS IN THIS STOCK OVER AND OVER AGAIN! It continues to occur until stop loss settings are triggered which adds to the selling pressure.
What you are doing is being obtuse and misconstruing my words. I think you are doing it deliberately.
Who are you really working for?
Does anyone notice you refuse to directly address the issues? Typical of your ilk.
A purveyor of Fear. Uncertainty. Doubt. FUD.
An apologist and obfuscator of illegal activity.
Under these circumstances, NO stock is traded honestly.
It becomes an unregulated gambling casino whose only winners are the casino and its operatives.
Apparently, that's your goal, too.
At first glance that would in theory be what you would think, but it is incorrect, as part of the gain was offset by a $500K tax provision (see the conference call notes and the income statement for the full amount of the allowance) .
The correct way to look at this actually is simply to look at their operating income, minus interest, plus apply some normalized tax rate to get the pro forma earnings. When I do that I get around $0.10 to $0.12 in earnings for the quarter. This is something management should have calculated in the release, but they didn't. They don't care much about shareholders at this company, which is why the valuation is so low. Actually the valuation is kind of ridiculous. For the year, I calculate nearly $0.50 per share in earnings. The stock should be trading at around $5. Problem is that management is very poor and they are clueless on how to create shareholder value.
the following is from the earnings report ...."Benefitted from the release of an income tax valuation allowance, the noncash accounting impact of which was to increase earnings by $1.2 million, or $0.21 per diluted share." so does everyone agree that without this earnings for the quarter would be 0, since earnings for the 4q were $.21 including this tax benefit.
You really are not paying attention.
Still going on?
What part of the month is it? Hmmm?
These manipulators are walking the price DOWN, 100, 200, 300 shorted shares at a time.
Are you blind?
What do you suppose this does?
IT LOWERS THE PRICE (read: market value) OF EVERY SHARE, INCLUDING THOSE NOT BEING TRADED.
The purpose is to trigger as many stop losses as they can, below their price threshold. It wears out the typical investor. These t#rds want the shareholders to be willing to accept whatever pittance they eventually offer.
Where have you been the last thirteen years?
What are stop losses? Do I really need to address this?
Look it up in Investopedia. or perhaps you've actually bought the latest edition of "Wall Street Words" by David L. Scott.
I suggest you invest a whole twelve bucks and learn something, AND THEN START PAYING ATTENTION.
Well, interesting how an hour and fifty minutes changes things, ain't it? Down another $0.07?
No, there's no manipulation going on in THIS stock.
Alfred E. Newman would be so proud!
Well, here we are, right back at $3.00 per share.
As though NOTHING happened the last two days.
Are my critics going to suddenly claim it's nothing less than "Efficient Market Hypothesis" demonstrating its broken-clock accuracy?
So that increase in revenue, the rise in offsets' values as well as the rise in actual offsets to the company only mean same old, same old? Are you going to contend the previous hovering at the $3.00 pricing was NOT being an accurate expression of Efficient Market Hypothesis? If so, then why bother filing quarterly or annual reports at all?
Gee, got rid of Glass -Steagall, might as well get rid of the requirement of those pesky quarterly and annual reports, too, eh?
Gut the regulatory and enforcement budgets under the guise of balancing the budget, get rid of all those nosy regulatory and enforcement personnel, let the lords and masters of Wall Street and corporate America have their way all around. Why, sure. Who are we to complain? Aren't we all here at their largesse?
I said before and I'll repeat it again--SOMEONE WANTS THIS COMPANY ON THE CHEAP AND THEY'LL DO WHATEVER IT TAKES TO GET IT except pay a fair value. Three dollars a share is the target and that's all they'll allow it to be. Period!
That's called manipulation.
What makes you think this way?
Why do you think I am in some kind of hate mode TOWARD THE COMPANY? The way you pose your statement you seem to think I have a hate going on for the company.
You had the same pose the last time, too.
I told you then and I'll repeat myself now--I HAVE OWNED THIS STOCK FOR NEARLY TEN YEARS. I followed it for over three years prior to my first purchase of shares. I AGREE WITH ITS PREMISE, IN BOTH ACTIVITIES, RETAIL AND RECYCLING. I've visited its ApplianceSmart outlets. (Have you?)
Why do you think I am otherwise?
Why do you insist my concern is with something inside the company.
IT IS NOT!
What's going on is entirely OUTSIDE the controls of the company or its management.
It has everything to do with the way the market players, especially the major corporates--both the Banks and the multinationals as well as hedge funds and their even more damnable private equity fund cousins are permitted to operate. These manipulations are being conducted by and on behalf of THOSE entities, not by, of or for the company or its shareholders. The so-called regulators and enforcement bodies, both public AND private are the ones involved with ignoring these activities in spite of them being highly illegal at so many levels. Most of those involved with the actual suppression of any regulation or enforcement are holdovers from the previous administration who were pre-screened for their adherence to a certain political philosophy, not the laws, rules or regulations governing the conduct in the markets.
Do I have hate? Absolutely. No question about it but it has nothing to do with the company or its shareholders or management. It is directed to those who have ulterior AND illegal intent and that intent is demonstrated blatantly in the trading record.
Get over yourself and your misdirection of MY intentions or mood.
Dude, you really need to stop the hate. I'm not sure what has caused you to see evil lurking around every corner, but there are people you can talk to that will help you get over these issues. Start with a little exercise and change of diet. It's just not worth it to spend your whole life convinced that everyone is conspiring against you.
As for good news, if you spent any time listening to the conference call you will understand that this Company has turned the corner on monetizing the carbon offsets they generate (it will be over $1.5MM this year) as well as establishing a business model of working with utilities and multi-family residential units for replacement of old inefficient refrigerators.
Do yourself a favor and just let go of the hate.
Sentiment: Strong Buy
Good news, huh?
And express the timing of that good news so we can all agree.
Then please tell us exactly when the prices shot up, when the Conference Call and its content happened, precisely, if you will?
If you can?
If the buying occurred before either, what then? Buying causes the price to rise.
Check out the timing of the peak. The drop. The volumes of both.
Then tell us all about how someone decided to sell a 100,00 share position.
It may appear to an idiot to be a chicken and egg thing but I assure you, on a detailed examination, the truth comes out.
The buying happened because someone HAD to HIDE what they'd done over the previous two weeks. Having a sudden rise in short interest in just two weeks is a BIG RED FLAG. This is the only way to hide it.
Furthermore, just how many shares got traded and when did they trade?
Answer these or concede the point. The stock of ARCI IS being MANIPULATED and NOT to the benefit of the shareholders.
And one more thing.
If this was a good news selling, what explains all the other "last trade date for short interest report period" rises in price and volume, regardless of how any of them closed the day?
How is it they always manage to coincide?
I don't agree. I think a institution used today's good earnings to get out of their position. Only way to get out of a 100,000 share posiiton in this stock without crushing the stock is to sell on a day when there is good news.
Sentiment: Strong Buy
Yes seems very weak today. They had ebitda of around $5M+ for 2013 and its market cap is $18M! Markets don't always make sense. I'm guessing people are scared they won't repeat the replacement program in 2014 but they do these programs all the time. They also like to hedge themselves and be careful with guiding expectations. I'm guessing book value is about $3 per share. I know book value has nothing to do with cash flow but worst case they have lots of assets to fall back on. So ebitda of about $1 per share and we trade at $3?? People must be really scared about the future. Have a nice day.
Yes, today, I SAID TODAY! is the last trade date for the February 2014 end of the month Short Interest Report Period.
Oh, gee! Lookie there!
First couple hours the price was going gangbusters. Nobody can deny it. Then, just one hundred shares dropped the price ten cents. Then another hundred shares dropped it another dime. Then three hundred shares dropped it yet another dime.
Do any readers here need ANY more examples of manipulation?
The mad buying at the start of the day was a mad dash covering of the price-controlling short selling done since trading closed on the eleventh of the month (the last trade date for the mid month report period).
Yet look where the price is just fifteen minutes to the close for the day.
Was there any bad news from the Earnings? From the Conference Call?
See the pattern yet?
It's called manipulation.
It's accomplished by what I call cyclical short and cover, all centered around the last trade date of each short interest report period.
Add to that some naked shorting, some fails to deliver and some retroactively created fails to deliver and the price will continue to go nowhere.
I'm telling you, someone wants this company, wants it bad and is willing to risk the consequences of being caught in a manipulation scam just to garner control of it at the cheapest price possible.
I know I get a lot of #$%$ flung at me because of this but I'm telling you they will fail to get it cheap. Once shareholders realize this company is "in play" they will be loathe to sell any shares at any price. If they have extra cash for investing, it will be made in this stock. There are only so many shares available. It has a low float. There are institutions holding it. They know what's going on. Do you really think they are going to throw in the towel?
Not a chance.
Hold and buy when you can. These crooks will not get away with their scam.
Not sure who the seller is, but they showed up this morning before start of earnings call. Looks like they have alot to sell (over 100,000 shares)