>>96512144Randon Watch anon here, it's a week in review!
ANYCOLOR GIVES US A U
Anycolor continues to slip as the stock closes out at 2836 yen (-42) for the final performance this week. Their performance was relatively stable, Sliding throughout the day before a gradual rise after bottoming out shortly after lunch. Anycolor is now on Day 3 of their losing streak, and have lost value in 9 out of 11 days dating back to the start of last week.
ANYCOLOR WEEK IN REVIEW
Anycolor's week ends them deep in the red, having lost 189 yen over the 4 day week. They only saw gains on their opening performance on Tuesday for a measly 5 yen. Overall this is further confirmation that Anycolor is indeed following a similar course to Cover last year, having lost 589 yen in the following 9 market days after Cover's Q3 report (around 17% in value.) and additionally have been back to below their price before their own Q3 report last year (admittedly since last week on the 20th, but I never noticed till now.)
Interestingly however, is that compared to Cover's trajectory Anycolor is far ahead of schedule in terms of losses. Cover not only was relatively stable in it's first 9 days (even barely being in the green overall on the 9th) but it would take Cover a full month to see a 17% decrease in value. Anycolor only needed just over 2 weeks. Still, I find it unlikely that Anycolor is just gonna be stuck in such a continuous downward spiral that even Cover usurps them for 1st. They'll have to slow down, and if they don't stop next week, then the week after with the Q3 Report should put a stop to it assuming they hit their forecasts.
...right?
COVER STEPS UP
Cover closes out solidly in the green, ending the week at 2620 yen (94) for the week. Their performance overall was erratic, but would ultimately see a gradual climb after lunch left them in the low 2600s. A decent rise after the last 2 days being relatively stale results wise.
COVER'S WEEK IN REVIEW
Cover sees a impressive 245 yen gain for this week, going 3 for 4 on gains this week with Tuesday and Friday being the standout days for gains. It looks like Cover has managed at least from the last 2 weeks to have stabilized (outside of last Friday.) Talks of a full recovery is still far and away (that required a all time peak as a reminder.) but being around where they were in December-January is still a decent position. But it's very easy for circumstances to change considering the current climate.
OTHER
The NIKKEI gets gut punched with a harsh 2.88% loss.
Trading Volumes:
Anycolor: 789k
Cover Corp: 12.68 Million
