Is Iris speculation happen....

The KLSE had broke through the 2 billion shares volume mark and hit 942 points on a 8-month high. Mainly trading was done on Mesday counter and contributed nearly 40% of the total volume.
Iris which the leaded on of the Mesdaq counter, traded on the large volume of more then 100 mil shares in two consecutive weeks and price increased to two fold. On Friday (7 April) which saw the counter opened at 75.5 sen, fell to 57.5 sen shortly after and rebounded to 2 sen higher at 77.5 sen after closing.
Could all the actively traded volume of Mesdaq counters driven by Iris? or could speculator use 9MP as a base-line to speculate the Mesdaq counter? or it's just simply the Mesdaq counter are value buy?
Friday (7 April) Mesdaq counters trading prove that all the counters are influenced by Iris. On the few minutes after the opening bell saw that most of the Mesdaq counter price drop dramatically as Iris. What happen if Iris trading at bottom down? Iris had been losing the support baseline and how long could Iris sustaining the baseline.