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Arel Comm. & Software Ltd (ARLC) Message Board

  • ElTigre3 ElTigre3 Dec 5, 2005 7:15 AM Flag

    Don't waste you time...

    I have been in and out of ARLC for years� I currently own 10,000 shares at $1.25� I watched this company run up to $26 and fall to pennies� I was fortunate to make a good profit from it� When Clayton Mathile took a huge position in this company it re-enforced my thinking what a strong future this company has� When he announced his take-over bid for $1.50, I was disappointed� After considering the facts a realized all threats of legal action is wasted motion� Mathile did not �steal� shares or attempt to manipulate the market, to the contrary when he attempted to buy the stock at a dollar plus, he was forced to buy it at $4 plus by the Israel government� The fact that the stock never moved up from that point was not his fault� If the stockholders vote their shares to go private, and the majority wins, there is nothing you can do about it� Wait for the $1.50 or buy as many shares as you can now and pick up an additional 10% on the purchase�

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