Stock price of America West Resources, Inc. (OTC:AWSR) is falling down progressively these days. Yesterday, AWSR lost the 
next 24.78% on the market, while its traded volume reached 2.7 million shares.
What is interesting about this situation is that no particular reason for the fall can be found, apart from the lack of news on AWSR.
The company has not released any announcements recently and there is no data on its current activities. The only information available turns out to be some promotional stock reports which failed to influence AWSR chart position.
One of the reports came up just yesterday, projecting heavy volume for the stock, though the downtrend may continue.
America West Resources is an established domestic coal producer focused on the mining of compliant coal and its sale primarily to utility companies and industrial customers in the western U.S. Last month, it was mentioned that American Airlines creditors wanted to consider a merger, however, since then nothing else was revealed.[BANNER]
The most recent information about AWSR appears to be a couple of documents filed with the SEC on Feb 22, this year. According to these, Mr. Dennis C Waaden and Denly Utah Coal LLC, owners of the company, have acquired a shocking amount of AWSR common stock that they had loaned to America West last year. As a result, the company’s shares of common stock have decreased.
The 10-Q of AWSR showed revenue, but it was unable to generate income. Besides, as of September 30, 2011 the company registered a net loss of $6.1 million, $120 thousand in cash and working capital deficit of over $21 million.
Apparently, the situation for America West is not bright at all, meaning that its future remains unpredictable.
