...which is exactly why it will be back above $2.  Nobody wants to own it.  Buffett's - buy when others are fearful - rings true here. 

When know one is expecting something to happen, it will happen.  Beyond the obvious imbalances in the S/D for battery grade Ni, we don' t know what the catalyst will be that will drive this above $2 but this co has the healthiest balance sheet it has had in decades and there is a massive tailwind about to blow at its back.