American Resources Corp (AREC)

[RandyKCMO]

Looks to me like AREC's stock price and chart have reversed.

Apparently, those bidding for shares have caught the shares they thought were available at lower levels and are now stepping up their bids and buying offers.

The share price was up 12 cents per share yesterday or 19% and it looks like we're heading for higher ground again today.

There are bigger offers over-hanging a bid, but they seem to run for higher ground when buying approaches. I think they're there not so much to sell shares as to try and hold down the price.

Should be fun.

At some point... if there actually are people SHORTING these shares, there will be a tipping point where they will decide to cover. There might be someone (or maybe some someones) out there with deep pockets... but at some self-interest and the reduction of pain will prevail.

AND OF COURSE, as this is a pretty closely held security those in the know (Maxim traders and brokers) will have no problem making it hurt those shorting the market are forced to cover.