After the shake out over the next two days will likely push up to new highs. Selling pressure based on low volume nothing more than traders moving on and stops being taken out and MMs playing usual games to get their big boys cheap prices.
Low volume ??
Face it - it's classical 'pump and dump'.
2 days before earnings the stock rises 10% with incredible amount of Mouthly Fools and Smoking Alphas articles - "The future is bright", "Why this LED stock should be in your portfolio" etc. Today it's trading at levels of mid last week.
Just make a note on all those "analysts" and when they publish another article full of "financial insights" you would know how to play it.
Your claim of a pump and dump is baseless and their is nothing to support it. For every stock there is a deluge of Motley Fool and Seeking Alpha articles most of which lack substance. The fact is the LED related industry is one of the fastest growing industries and companies in such a fast growing industry will receive a premium. If you prefer stick with stocks whose existence is based on PC sales.