>>87384416Sick Again anon here, it's time for another week in review! Let's see how Anycolor and Cover did overall.
ANYCOLOR ENTERS THE 9TH CIRCLE
Anycolor goes out deep in the red as they close out at 2181 yen (-65), marking the first time they've closed out below 2200 since August 6th when they were recovering from the crash that hit the entire country. They did however manage to find a bottom to the pit they were digging, and did see a jump as we were about to close out. This also marks the 6th day in a row where Anycolor has ended in a loss.
ANYCOLOR WEEK IN REVIEW
To say this week has been anything but a absolute failure would be simply false. As Anycolor this week saw a 131 yen loss as they close out at a lower price than they were before the report. With the share now worth 74 yen less compare to before then. And looking at their performance in the past 3 weeks only shows their complete lack of upward momentum, with only 2 of the 14 days closing out with them in the green. In addition their current loss streak mentioned previously now totals to 245 yen, or 10% of their value the day prior (Oct 9th.)
I genuinely don't know how this will end for Anycolor. Historically they've been rather resistant on even going below 2100 yen, only having occurred twice even if we include the crash. However they haven't had such a consistent trend of losses since around spring this year. Only thing we can do is watch.
COVER GOES LOWER
Cover is also following suit amidst the losses, clocking out at 1634 yen (-32) for the week. They saw a similar trajectory to Anycolor's performance, but did at least seem to stop their bleeding after lunch.
COVER'S WEEK IN REVIEW
Cover sees a worrying trend as they lock in their third week in a row where they were in the red, this time 36 yen in the red compared to last week. Seemingly following the same old song and dance of following Anycolor wherever they go, although this time around it's by the week rather than by the day. Safe to say that their fates are still interlinked, but at the very least Cover has been bleeding less if that can even be considered a positive.
OTHER
The NIKKEI sees a 0.18% gain for the day, but saw a 1.58% loss for the week overall.
Trading Volumes to make drama content about:
Anycolor: 918k
Cover Corp: 1.1 Million