>>74842678Chopping Block anon here, congrats on making it May lads.
ANYCOLOR:
Anycolor remains on that high note today, closing out their 1st day of the fiscal year with a rallying 2267¥ (+72), now looking at a gain of 82¥ this week overall. With such high numbers, it's possible we may be seeing a momentum shift occur barring any major events that stop in their tracks. However there are still a few before they can even think about recovering from the Q3 report crash.
COVER CORP:
Cover continues it's shelling of it's stock price by dropping down to 1670¥ (-38), breaking into the 1600s and their newest low since May 9th of last year. The only good news to take from today is that the bump post lunch bought them enough time to not dip any lower than it did. They currently face a 78¥ loss for the week. At this rate it's unlikely we'll see it get close to the 2000¥ barrier at the rate of their losses.
OTHER:
Here are today's trading volumes:
Anycolor: 760k
Cover Corp: 2.8 Million
The Nikkei closed out on a .34% loss today.
The gap between the two has shot up to 597¥.
Finance board for Cover was on fire today, mostly just coping/joking about the fact that Cover is still falling like a rock.
Some members on the Anycolor board theorized it was institutions doing buybacks on the stock today. No idea on the validity of this however.
