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Based on the reading, momentum occurs due to a. small traders buying losers and subsequently becoming net sellers in these stocks and overreacting to negative

Based on the reading, momentum occurs due to

a.

small traders buying losers and subsequently becoming net sellers in these stocks and overreacting to negative information
b.

small traders outweigh positive information
c.

institutional investors using privileged information to manipulate stock prices
d.

none of the above

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