>>66361592...but VTuber company stocks were always OVERvalued though.
Look at Cover stock for example.
Then again, I can understand the mentality.
Maybe NijiEN 3D is coming up, maybe they have something in the works that would raise the stocks - but doing stock trading based on that counts as insider trading I believe, and it's illegal in pretty much all developed countries.
It would also explain why they had a chunk of cash in hand for the past 1-2 years since their IPO, if they were just waiting for something like this to "buy low".
Anycolor management is retarded in the way they run their talents, but I want to believe that they aren't retarded enough to do potentially illegal stock manipulation bullshit under public fucking scrutiny.
I honestly believe that they may have expected a stock collapse, due to their stock being heavily overvalued (due to their own investment portfolio bullshit, and nijifans buying stocks to inflate the value) and saved the cash for that eventuality.