I'm not sure you can say those shorting GXY are "idiots". They bet that the price of lithium would drop and it has dropped like a stone. The share price is at 6-year lows and nearly 75% off its high only 17 months ago. I'd say short sellers are the smart ones for making a bet that has paid off in spades. Remember last year holders were saying there would be an oversupply and the price wouldn't drop. Holders have made the worst calls here, yet short sellers are apparently the "idiots"
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