Maybe the company is not worth $2 a share, its had three attempts at breaking the $2 mark and failed each time with huge volume. The volume has also been large on the way down, shorts or no shorts its pretty significant.
Also Musk / Tesla is not doing the market any favours. SQM controls a fair slab of the market which means they can run at their own pace.
Kdr will settle but more likely well under $1.
My opinion only.
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