>>81836602SELL SELL! Anon here, It's time to celebrate the beginning of August in Japan, notable as it is officially the first day of Anycolor's Q2. Let's dig into what happened.
ANYCOLOR IMPLODES
Anycolor finds itself victim to fire on all sides, as the stock implodes as it falls to 2430 yen (-104) as we close out the night. Turning a 21 yen gain for the week into a gastly 83 yen loss. In fact, with today's loss Anycolor hits a new low for their post Q4 Report performance. Possible factors being the NIKKEI crashing, Derem Kado's treatment contradicting what was said at the meeting, or momentum from yesterday. Friday could possibly be what decides if Anycolor will continue the trend of stagnation between 2400-2600 or they return to Pre-Q4 Report numbers.
COVER
Also finds itself subject to everything burning, as they return to the 1800s at 1877 yen (-76) for the day. The first time since July 11th and the lowest they've been since June 19th. In addition they are faced with a 50 yen loss for the week. With how the situation surrounding them combined with their policies, I think there's a significant chance they stay here.
OTHER
The NIKKEI continues to flounder, as it heads home at a 2.49% loss
Trading volumes for the night:
Anycolor: 509k
Cover: 3.03 Million
