The push downward has been pretty relentless. On some of the run days... the float traded multiple times... and even the outstanding shares traded hands at three and four times our current levels.
The current (downward) trend seems to be feeding itself with new sellers all the way down.
Not sure if you've looked at a comparable company Ramaco Resources (Ticker: METC ). They're a producing met coal company and with more outstanding shares and are trading between $7 and $8 per share... actually just checked $8.08.
I'm pretty sure AREC is more streamlined and thus should be able to produce met coal at lower prices and thus higher margins.
As you're apt to say..
so we watch.
Watch for opportunities with those you trust.
Recent AREC News
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 06/05/2024 09:09:55 PM
- Form 10-Q/A - Quarterly report [Sections 13 or 15(d)]: [Amend] • Edgar (US Regulatory) • 05/22/2024 08:05:35 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/21/2024 08:05:24 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 09:27:26 PM
- At278 Ultra-Concentrated Ultra-Rapid Acting Insulin Demonstrates Superiority in Phase i Clinical Trial in Overweight and Obese People With Type 2 Diabetes • GlobeNewswire Inc. • 05/20/2024 11:00:00 AM
- Arecor and Medtronic Diabetes establish collaboration to develop a novel thermostable insulin for implantable pump delivery • GlobeNewswire Inc. • 05/09/2024 11:00:00 AM
- ARECOR AND TRx BIOSCIENCES ESTABLISH RESEARCH COLLABORATION TO DEVELOP ORAL GLP-1 WITH ENHANCED BIOAVAILABILITY • GlobeNewswire Inc. • 03/12/2024 11:30:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/05/2024 01:04:36 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/09/2024 03:58:59 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/03/2024 02:15:50 PM
- First Product Incorporating Arecor’s Arestat Technology, At220, Launched in Europe • GlobeNewswire Inc. • 11/17/2023 07:00:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/09/2023 09:50:15 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/06/2023 12:35:21 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/16/2023 10:34:20 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/16/2023 10:27:01 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:10:45 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/14/2023 08:07:49 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/04/2023 08:37:30 PM
- Arecor: Business Update • GlobeNewswire Inc. • 07/20/2023 11:00:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/18/2023 08:30:27 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/28/2023 12:34:01 PM
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