America Resources Exploration Inc. (OTCBB:AREN) Headed Down Once More

America Resources Exploration Inc. (OTCBB:AREN)’s volatility took it 15.26% down yesterday, pushing the ticker as low as the $0.76 mark before the final bell finally arrested its descent.

AREN has certainly seen a lot of action these last few sessions, the ticker bouncing up and down as opposing forces vie for dominance over its course on the charts.

On one hand, there’s a massed paid pump campaign that is still pushing the ticker forward and upward – and with each day, the pumpers find new and inventive ways to present the company in a favorable way. Every piece of positive news that they can get their hands on gets blown out of proportion, and even negatives are twisted and presented in a positive light.

The tout named “Breaking News: AREN hits almost $100m worth of oil in Utah” is a perfect example of the former, while the other one proclaiming “AREN down temporarily Time to buy!” is a perfect example of the latter. But, at the end of the day, that’s how paid pumps work.

Or how said paid pumps fail to work, judging by yesterday’s session showed. After all, it is a well known fact that even massed touting campaigns lose their efficacy over time, and that’s usually the moment when the company’s shortcomings catch up with it and cut its market cap down to size.

And AREN has a long list of shortcomings, any one of which is very capable of toppling it from its high perch. Like the fact that its latest financial report can be called mediocre at best, and that the only way it could have possibly paid for its most recent acquisitions is through the issuance of millions of shares of common stock, which may be dumped on the market at any given time, crashing the ticker in the process.

In short – AREN stock is still actively traded, however, opportunistic traders that wish to make money out of trading said stock had best be on their toes.