>>75895090>>75983170Gavistock Bettelwatch anon here, it's a week in review!
ANYCOLOR AT A LOSS THIS WEEK DESPITE FINANCIAL REPORT GAINS.
Anycolor stayed stable after lunch today, as the stock managed to climb slightly as we close out at 2260 yen (+25). Overall not really eventful, but we'll talk about that later in the article.
This week however is still detrimental, as despite having a small boost from the report, and the past two days being positive, Anycolor saw a 66 yen loss for the week overall. The main culprit being the 15th as right after the initial push for support, they saw a 130+ yen fall. However I struggle to estimate of what their trend will be as we leave the initial frenzy of the report. While yes, the week overall was a loss, 3 of the 5 days were positive. This next week should give us a clearer picture on their trajectory as we are now less than a month to the fated report.
There is something to note however. Despite the financial report, The trading volume actually hit a new low AGAIN since tracking back to February. Everyone seems to be rather bearish right now, whether it be to short sell or hoping that Anycolor's report lets them sell high. One must wonder however, if Anycolor is going to attempt changes like in March to help bump their stock, or is Riku gonna go down the yacht
COVER ON THE RISE DESPITE OBSTACLES.
Cover also stayed positive today, despite a small decline after lunch they saw a large rise as they close out to 1883 yen (+60), 3 yen shy of repairing the damages of yesterday. A good sign after two days of down turn.
This week saw some good progress, as the stock rocketed up by 189 yen this week overall. While it may seem rather underwhelming at first glance consider their report, I think it makes sense in hindsight. They didn't exactly demolish their forecasts and with Anycolor's performance showing in March. Not to mentioned people cashing out when they can since Cover's performance since March has been almost as lackluster. Still, Cover at the very least has shaved off a month's worth of loss this week, that's nothing to scoff at. As for the coming week, I believe it's still too early to tell what's gonna happen despite the resoundingly positive week. The trading volume is still abnormally high, so it can go either way depending on how investors feel.
OTHER NEWS
The NIKKEI has fallen by 0.34% today.
Here are today's trading volumes:
Anycolor: 356k (Record Low)
Cover: 7.3 Million
The gap between the two has shrunken to 377 yen.