written by reader AMLM skyrocketing on no news ???

By bigkahuana, January 25, 2021

Why has this money losing, do nothing for years stock, suddenly gone from pennies, to over a buck, practically overnight on no news. Can anyone make sense of this ?

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Jeff W.
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Jeff W.
January 27, 2021 2:19 am

I feel your frustration because I would have bought more shares. I usually refer to the OTCMarkets.com website and browse in the “News” or “Disclosure” tabs. Click on “Disclosure” then click on “Supplemental Information” dated 01/07/2021. It will bring up a letter copy about “Entry into a material definitive agreement.”

Link: https://www.otcmarkets.com/stock/AMLM/disclosure

Not gonna hear about this one on those major cable financial/business networks.
Hope this helps.

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Travis Johnson, Stock Gumshoe
January 30, 2021 7:32 pm
Reply to  bigkahuana

Haven’t seen anything lately, but AMLM has been the focus of paid promotion campaigns in the past as a lithium story.

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cloudiceberg
Member
January 31, 2021 6:47 pm

the reason could be as simple as Robinhood traders buying up anything under a dollar with the name lithium in it.. 🙂

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