>>86976987Hawk Watch anon here. It's finally time for another week in review!
ANYCOLOR GOES DEEPER
Anycolor continues it's descent from yesterday as they fall into another post Q1 low, clocking in their price for the week at 2312 yen (-44). And again it was a gradual decline through out the day, although there were some bumps to keep from it being a constant downward slope.
ANYCOLOR'S TERRIBLE, HORRIBLE, NO GOOD, BAD WEEK.
Anycolor's week closes out in a disaster as they clock in a 111 yen loss for the week. A feat only mitigated by the fact that the initial slow descent was interrupted by Wednesday's performance. However, this does seem to point that they are indeed facing a downward trend, even as the market this week has (albeit slowly) has been trending upward. As since their peak closing price on September 26th, the following 11 days including today only saw 2 days end with the stock price going up in value. It seems that they are indeed in a downward trend.
Overall, things are looking dire as we are now 1 month removed from their last report/dividends announcement. They are only just 57 yen above their pre-report price, and unless we investors jump on what they may perceive as a opportunity the boost from the dividends may all be for nothing.
COVER KEEPS LOSING
Cover stayed on the lower end for losses today as they clock in at 1670 yen (-16) for their final price this week. They for the most part were stable only deviating by a few yen after the initial hour, with the exception of a small bump before lunch that they soon corrected course.
COVER'S WEEK IN REVIEW
Cover's week also ends in the red as they clock in a 82 yen loss for the week. Coinciding with Anycolor's performance, it's clear that confidence in the industry as a investment has been heavily shaken with the the Q1 reports from both companies even with Anycolor's attempts. Which is especially evident as activity for Cover in trade volume this week saw multiple times where they didn't even crack the 1 Million mark. It's hard to say if things will get better as mentioned in Anycolor's review, especially considering we are still one month away from Cover's Q2 report.
OTHER
The NIKKEI sees another small rise, as a 0.57% gain is given to them.
Trading Volumes for Friday:
Anycolor: 353k
Cover Corp: 936k