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Appliance Recycling Centers of America Inc. Message Board

  • mm5002003 mm5002003 Nov 12, 2012 1:59 PM Flag

    market

    $3500 in shares traded, and down 9%, several days of this #$%$.
    no market here

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    • You're correct. The ability to get in and out of ARCI is very hard. It dropped 25% on less than $20K worth of stock. If you want liquidity you won't find much with arci these days. I think they will resolve the loan issue for AAP partnership. Hopefully they put out a press release very soon so people can relax a bit and stop selling. Sounded like they may need to add a little cash or pay down some of the AAP partnership debt. They didn't have any covenants ratios missed on the ARCI financials just the partnership they own half of. I continue to think Jack will keep this company going in the best direction for the shareholders. Have a nice day.

 
ARCI
2.76-0.10(-3.49%)Nov 21 4:00 PMEST

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