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Appliance Recycling Centers of America Inc. Message Board

  • rural1962 rural1962 Oct 18, 2012 9:48 AM Flag

    Who is the seller?

    Someone defintely selling. Stock acting like it is one holder because when he disappears, the spread between bid/ask goes to .25 or more.

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    • It seems seller is around $2.60 or so. It did spike up the other day and I saw the ask at $3.18 for a little bit so I'm fairly sure there aren't many shares for sale between current price and $3.50. I'm guessing everybody is a little nervous about the next report. I'm sure as they expand people didn't expect break even and losses this year. It will be nice to get an update on the newest GE facilitiy they opened last quarter. The market seems to be pricing in no future at all. Seems like it went down too much on almost no volume. I bought more about a week ago and really tempted to wire some more money and buy more. Have a nice day.

0.99+0.06(+6.44%)Oct 27 3:11 PMEDT