This is the reason

Foong Ngan : Thanks for sharing :)

GM 1 : Thanks bro ! That means the dip should only be Temporary..?  Since it’s just 1 competitor atm…

Markio1315 OP : personally I think it's an overreaction. Pfizer drug has to mix with a HIV drug, compare to Merck single use. probably have to wait for FDA approval to stabilise the share price.

101832552 - Freshie : I think it’s over reaction

GM 1 Markio1315 OP : InsiGhtful bro !as always the HFs always riding on all sorts of news to push down the Price further n when people see the dip, they panic too

Markio1315 OP : thing is a lot of funds are holding on huge profits so they may take opportunity to pale down.

GM 1 Markio1315 OP : Why would they want to take profit so early when the potential is still huge ? Because of Friday?.. Potential danger over the weekend ?

Markio1315 OP : The efficacy for Pfizer drug seems to be better than the Merck one, therefore there is a perceived risk.

Markio1315 OP : To note also if there is competition, the margin would also have to be affected as Merck will try to gain first mover. Let's see how the open market will perform later.