>>94094555They aren't an entertainment company who plan to buy Cover if they buy enough shares. They don't care about VTubers and I doubt they are Holofans to begin with. They bought the shares because Cover is expected to perform really well, which will invite individual traders to buy and raise stock price even more, and when certain limit is reached, they will cash out by selling. The textbook "Buy low, Sell high" tactic with sole purpose of Morgan winning in any cases
Currently analysts say that Cover's appropriate price is 3400 while Anycolor's is 3800. So when Cover does reach that limit or something drastic happens on the way like Pekora graduating, there is high chance they will sell and the price could re-enact the bearish summer of 2024. So them holding this much power on Cover stock is a double-edge sword for traders who want to earn money from trading
