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Appliance Recycling Centers of America Inc. Message Board

spixleatedlifeform 3 posts  |  Last Activity: Apr 30, 2015 12:08 PM Member since: Dec 19, 2005
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  • spixleatedlifeform by spixleatedlifeform Apr 30, 2015 12:08 PM Flag

    So who sell 33 shares and is SO desperate to sell them they consent to losing an additional 1.99% just to get the sale?

    SPLF

    Sentiment: Buy

  • spixleatedlifeform by spixleatedlifeform Apr 14, 2015 4:01 PM Flag

    Seven-hundred forty-two shares driving the price down $0.12 or more than -5% is NOT a natural trend.
    It doesn't even count as "price exploration". No, it's pure manipulation.
    If this kind of #$%$ was happening in a casino all H would break out, people would be perp-walked and the jails would swell to overflowing. It would hit the national media. They wouldn't shut up about it for weeks if not months.
    No, there's no manipulation going on here.
    Uh-uh.

    SPLF

    Sentiment: Buy

  • Reply to

    Balance Sheet

    by kabtb Apr 8, 2015 4:18 PM
    spixleatedlifeform spixleatedlifeform Apr 13, 2015 4:27 PM Flag

    These vulture law firms only use professional lead plaintiffs, a practice that's illegal in many states. If we can find the name of that plaintiff, one can do a search on it and see if it pops up in any other "class action" lawsuits within the last ten years or gets used in any yet to be filed. They are commonly tied to "asset management" firms who invest for a mental incompetent with enough assets to buy 100-200 shares in hundreds or thousands of stocks (most less than $10/share). One key would be to find out WHEN these shares were bought.
    The whole purpose is to harass a company, demand a lot of expensive "discovery" documents be handed over then reach a "settlement" for a few hundred thousand. The "settlement" is usually a non-opt out or has been until recently. One such is in its final death rattle appeal after their non-opt out status was quashed by the presiding judge and initial appeals court. It should make for lots of media buzz once they rule, expected sometime later this year.

    SPLF

    Sentiment: Buy

ARCI
1.892+0.022(+1.18%)Jul 2 10:45 AMEDT