You have to remember the tide went out, the lithium price ebbs,...

You have to remember the tide went out, the lithium price ebbs, follows that the sector spreads sold across the board.
If a fund is told to sell individual spread over many stocks in the sector, or managing for many clients and they reduce sector exposure, its an exit door without discrimination. But the accumulators, the buyers on the reverse of those trades will take the stair case at each discount be contrarian to where they see the greater merit.

The wheat and the chaff. The chaff are blown away by the wind. As the Me too Movement fell into. But the wheat, the good grain as we are, poised with asset maturity to be attractive to a predator.