>>79810117July 16th is the annual shareholder meeting from what I've heard. It's pretty rough that they blew $48 million for only +700 yen and it's already going into freefall now that the buyback's exhausted. I'd imagine it'd hit the stop limiter tomorrow since everyone who was trying to game the buyback will also have read the notification that it's joever so they need to dump their bag or be left with it until the end of time.
>>79809938>Spend $64 million on stock buybacks to cope with company burning down just to please sharememes>Collapse could have been stopped by spending $20m on a new studio and like $8m on extra managers and duolingo managers just so existing work actually gets done alleviating 80% of nijiEN's problems stemming from dumping full-time professional OL workloads on part-time minimum wage uni students.>A couple million hiring technical staff would have stopped the concert collapses>A couple million on production staff would have gotten the branch out of its slump>Instead just sets the money on fire with the pump then collapse buybacks>Can't even sell because the stock is already tanking out of the purchase ranges from those buybacks>What they are selling is accelerating the tanking pushing more of their purchases out of range>No divestment notice so Niji isn't even selling large volumes>Selling large volumes tanks stock price anyway putting the cart before the honseThey're bricked up with bags they can't sell son and it's getting worse by the day.
>>79810730>He doesn't knowYou filthy plebs get kicked out when the bell rings while they get to enjoy after-hours trading. Everyone involved should be put to death years ago but it's still going on.
Anyway his goal was to not be at 2,000 or below by july 16th's shareholder meeting. He's probably going to make it or at least bullshit his way past it in the end. JP is going to prevent them from ever getting delisted so nothing is ever going to happen. Sharecucks will mald, antis will mald, Niji will keep nijiniing on.
>>79811708>The yen is collapsing>Also I doubt japanese investors care about the petrosphere's willingness to give overvalued petrodollars to anykara in this time of Krisis>I doubt japanese investors care about having to cancel a westoid petrodollar concert due to awful sales in this time of Krisis??? Jap investors were the ones pushing for western expansion to diversify revenue streams in case of a domestic collapse in the first place. Niji just fumbled the ball cause Riku wanted a low cost pump and dump scam instead of building a robust and successful company. It's why they don't have a team on finana to push out autotune slop. It's why they still haven't formed an idol unit with Maria. It's why they're constantly having perms issues and not answering messages for 36 hours or even over two weeks while putting out hiring notices for minimum wage uni sluts.
The difference is Cover opened to fund their 3d studio. They did it, they won, they don't give a fuck anymore. It's why Yagoo's told the greedier parasites to pound sand when they said toxic shit that was bad for the talents and/or company.
Riku wanted to drive Niji to the moon then sell at its peak. Instead he's left with a radioactive potato eating him alive as he tortures the company to death burning money appeasing sharecucks instead of fixing the actual problems that are causing the company to circle the drain
>>79812653>Buyback announcement drives value up>Formerly trapped bagholders sell to clueless mongs that didn't even check the stock history and literal bots trying to slide in late to a perceived recovery (It isn't)>Buyback ends unexpectedly early>Bagholders have to yeet it to anyone they can and cut their losses before they're trapped tomorrow>Value begins to tank>Awareness that it's joever begins to spread>Casual retards that bought late foolishly thinking it was an actual recovery will have to face reality>Tanking intensifies as february repeats