MDL chart, page-8

There may be two factors a play here:
The macro is TiO2 prices rising reflected by the charted response.
The micro is a very tight cash position and a lack of information regarding it.
I think both of us focus on the latter but I'm finding the former tends to drive the price more.
Given the two actors above I'm not surprised with you conclusion.
Further you're 100% correct in effective advise not to fall in love with a particular stock.