$Graphjet Technology (GTI.US)$ trade pattern seems ppl closing short position…sudden spike and drop 🤔

$Graphjet Technology (GTI.US)$
some reading material:
1) GTI listed at Nasdaq via “de-SPAC”. ie. kind of “backdoor listing”.  Nasdaq listing provide more flexibility compare to listing in Bursa Malaysia.
gov/Archives/ed...
2) GTI definitely need funds for expansion. They can borrow or they most likely would offer share sales via Nasdaq. (effect: dilute - but this should be growth stock not dividend stock for now) (positive side effect: to raise more fund for operation, suppose share...

$YTLPOWR (6742.MY)$ anyone joining agm today can share any insights ?

$CAROTE LTD (02549.HK)$ this probably would slowly drop to half of the IPO price ?

$CREST (0323.MY)$ seems valuation on the high side.. and no market making activities by the underwriter.
Can “mark” the underwriter, next time careful for future IPOs by the same agent.

$FEYTECH (5322.MY)$ anyone have idea how good is car seat business margin? something fat or thin? hmm…

$SoFi Technologies (SOFI.US)$ was trying to comprehend what is the implication of the latest court rulling …
and suprisingly, this is the “anwer” i got from chatgpt. see if it making some sense to you. i guess it somehow reflected in today’s up trend?

$REDTONE (0032.MY)$ how come price keep dropping ? strange