>>70740481They made their stocks valid as collateral yesterday, increasing volatility.
I think the expected outcome was huge jumps between 3100 and 3500 for day traders, like a sine wave, so that it would stay clear of the 3k like and hopefully eventually it would trend upwards.
The stock buyback was done at a price of 3224 yen btw. Their current extreme bandaid didn't even make their stock clear that level.
And the fact that it's not oscillating means that day traders may have caught onto their panic over the past month. Should be easy enough just to read a few Yahoo comments.
On the other hand, if it stays stable where it is right now, it's a prime stock for short sellers to try and get it below 3k, after which it will free fall.
It will only take one bit of bad news, one small yab or something that spreads in JP.
