Yes of course that is the way of the world, however perhaps it is an indication of what is also wrong with the world too.
When a good commpany can be shorted because of "sentiment" in the market, e.g. resources sector down, so down goes GXY(!), then perhaps there is something fundamentally wrong with "the system"?
I think we can all understand if the future demand for Lithium was not strong, but it is virtually agreed that Lithium is an important metal and will be increasingly needed for all types of technology, consumer and industry uses, etc. - so it makes no sense to penalize GXY (for example), in the (very) short term, given the potential.
GXY have ticked all the necessary boxes and today announced mining will begin at Mt. Cattlin, so we will see what happens today and in the coming days, weeks and months...
GXY Price at posting:
38.5¢ Sentiment: Hold Disclosure: Not Held