How Long Will America Resources Exploration Inc. (OTCBB:AREN) Climb?
America Resources Exploration Inc. (OTCBB:AREN) added another 7.14% to its market value yesterday, hitting the $0.75 without too much trouble. But where will it go next?
There is no easy answer to that question, for one simple reason – AREN seems to be behaving in a manner contrary to the expectations of investors and analysts alike. To elaborate – OTC Markets pump jumps usually don’t last as long as AREN‘s pump run has endured to date.
Paid pumps, even massed campaigns, usually lose their potency over time. The bubble then inevitably bursts, and regardless of the company’s actual situation, the ticker is, more often than not, left lower than it started.
AREN‘s latest massed paid pump campaign started nearly six weeks ago, and although it has taken the ticker high an low it is still definitely not lost its potency. Logic dictates that investors would know better than to trust the pumpers by now – yet, somehow, there always seem to be more people willing to commit to AREN stock.
True, the fact that AREN is still as volatile as it is is alluring enough for opportunistic traders willing to test their luck with this specific gamble. But how long can this last?
The pump bubble is proving surprisingly resilient – but how much more pressure can it take before it pops under the pressure? It may happen tomorrow, or even today – and traders should only commit to AREN stock if they are ready for that inevitable moment.