NCP down from around 19 level with some bear short rallies down to recent yearly low. Maybe market already knew about Gemstar and have adjusted accordingly. Not the first time counter bounced back AFTER anouncement of widely suspected write downs. Likewise, widely known? suspected profit upgrades and earlier positioned players sell into strength, hence southward prices on good news. Pre betting on news outcomes risky punting especially with leveraged products. Food for thought regards RM
