Ariel Way Inc. (PINK:AWYI) goes down at top speed. Yesterday, the stock lost approximately 53% of its price, while its volumeAWYI_chart1.png rose over 320 million shares traded. Is it the beginning of a new downtrend, or just an incident loss is just about to be seen?

The latest news by Ariel came up a couple of days ago, when the company reported it has developed a strategic relationship with the global strategy and management consultancy iiGrowth, LLC. Although Ariel was completely satisfied with its new relationship, its stock couldn’t get the up move on the good news.

Ariel Way, Inc. is a technology and services company for highly secure global communications, multimedia and digital signage solutions and technologies. In end-November AWYI was climbing up at full speed due to other positive news about the company, however, the climb didn’t last long. At the same time, Ariel appointed Dean Schauer as the new CFO of the company.[BANNER]

Ariel_logo.JPGAs already reported on hotstocked.com, in end-October Ariel’s President Mr. Dunhem issued a letter to the stockholders, stating that the company was “hit badly by the economic downturn in 2008 and 2009” and the team was actively working on revising and upgrading the business plan. The only problem is that in order to bring the solid business back to Ariel its management has to find potential acquisition opportunities to provide solid consolidated revenue and earnings results. Presently, the company relies mostly on its two partners, though one of them has management problems and Ariel’s team decided “at least for now, not to further pursue a transaction with them”.