>>76484055tired watch anon here, it's time for a week in review!
ANYCOLOR AT A NEW LOW
Anycolor over took Cover in losses today as the stock steadily fell down to 2136 yen (-92), a new low since and the closest we've been to the Rubicon that is the 2110 yen mark. We've now also seen Anycolor lose 44% of their stock's value since Selen's termination.
As we look into this week, it was for the most part uneventful before today. Still, we see a 124 yen loss for Anycolor as we mark a 2nd week in a row for Weekly losses. As mentioned before, the stock for the most part was rather stagnant, with low trading volume and it staying within the 2200 range is has come to call home. However, with today's losses we're now in very unpredictable circumstances. The 2110 barrier has been the equivalent of a dam like the 3000 barrier before the Q3 report, where we get close but never cross it. Don't bring any expectations for next week, it's tough to tell.
COVER IN A BOTTOMLESS PIT
Cover stayed around it's lunch break price, but still faces a sharp loss as they close out at 1573 yen (-78) for the week. Also a new low for the stock since February and the lowest since April 21st of last year according to google.
As for the week, this has been nothing short of a absolute catastrophe for Cover. Despite a decent 31 yen increase on Monday, we bore witness to a 310 yen loss in these 5 days. As things currently stand, I believe this week will establish a downward trend. As for how severe the trend, that remains to be seen.
OTHER NEWS:
Trading volumes:
Anycolor: 615k
Cover: 13.2 Million
The NIKKEI fell by -1.17%, giving no favors as the Japan market stagnates.
Surprisingly, the gap between the two have shrunken to 573 yen.
