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Classic Malaysian herd.
Why earlier traders and investors created all these quotes like sell on news or ride on the wave? It is simple logic actually.
As traders sell on news, more opportunity for investor to come in or buy more. Simply because the good news is testimony that such company is good. In a way, it is sort like a herd cycle. No right or wrong. Hunt alone if you can.
Imo today's drop is good, need to clear off contra players who bought yesterday that anticipating todays surge. need to remove unwanted debris before up. no easy money for them