Applied Minerals Inc (AMNL)

[RazorBoy]

The iron oxide deal may be real. There's no way of knowing if the company won't give guidance. There may be some component of price manipulation facilitated by the volume being so low. It also may be small-time inexperienced investors who are freaking out about losing small amounts of money. One could buy 1M shares now for about $6000; daily volume is usually much lower than this so the value of the daily traded shares is fairly trivial. If these investors would grow some testicles and realize they have to be in it for the long haul, understanding that a small investment could bring in huge returns if and when the company gets their act together, and that AMNLs assets in halloysite and iron oxide are real and not speculative, then the price should at least stabilize, if not rise.