Look at the major holders under yahoo. Many funds and institutions purchased at end of June about $65. Secondary was bought by big money at $62. These people will make money.
XONE ia way way oversold and will retrace above $62.
2pm goose to the spike - margin calls on short positions?
Look at the SNDK chart as an example. People dumped at $52 and now went above ma-50 at $61. Another chart to look at is CREE.
When we believe in the longterm business then buy when people dumped...watch for ma-50 at $64 for XONE.