Euphoria and Panic... ...are boon to swing traders.
I find it interesting how market sentiment can change from euphoria to outright panic within two weeks without any news.
Sure, NXO (just like every other company) has its weaknesses and faces threats/risks, but it also has great strengths and fantastic opportunities. Rich Geruson has a strong record of delivering success to companies he gets involved in, and the AI technology NXO developed is amazing and in demand by its partners (Qualcomm & Nvidia). None of this has changed.
I believe it's important for an investor to have a balanced view of a company, and not be a blind devotee only seeing potential profits. An investor who has carefully considered the potential risks as well as the rewards would not price a company at $1.05 one day and $0.63 two weeks later on no new information.
I can imagine that a good swing-trader can exploit these market mood swings and make lots of money trading a stock like this. Sadly, it's the inexperienced investors who get crushed by the resulting volatility.
These are great market lessons here.
Good luck to all.