Desperate selling I'm not sure I understand the kind of desperation or risk-taking that would make anyone sell at this trough pricing. Arcan has taken a wicked, unjustified market beating to the point where it's price is visibly, ridiculously low to anyone with half a brain. Barring a margin call, it's simply not rational for any person to sell at this low.
Then again, I'm not sure why there's no lineup to buy either. I get that the markets in general are doing poorly, Europe is a mess, investors are still wary, and that other stocks are also attractive at their relative lows as well, but I wonder if Arcan could maybe market themselves better? At this price, it's clearly a buy-low-and-hold story that is drawing a lacklustre investor crowd on the upside and an irrational, over-reacting panic group on the downside. Folks, we've docked at buy-low. Hold tight now, whatever it takes. I don't know when the ship leaves, but the destination is sell_high.