You can easily get information about Mr Koon online.. Just providing some links for those who are too lazy to search for them. https://www.google.com/amp/s/choivocapital.com/2018/11/28/understanding-koon-yew-yin-the-real-enigma/amp/ https://www.tradeview.my/2020/04/tradeview-2020-open-letter-to-koon-yew.html?m=1

Mr Koon usually buys with margins: when he buys, he buys big. Imagine how much shares he's still holding, when he gets the chance to clear, his sell down alone will eat the greedy retailers alive - just have a look at Jaks, Dayang, Hengyuan etc.

This '4%' short squeezing maybe be very well orchestrated by Mr Koon's followers who are also trapped at high. Note that the short squeezing that is happening in US stocks have 60-140% of the floats shorted not a single digit shorted percentage.

This will just be a pentouse transfer from the operators to the retailers. If you want to be a part of it, make sure to be a paper hand your lock your gains, and don't be the last few ones holding the penthouses' keys.