AnyColor's stock repurchase program has provided confidence and reinforcement for its forecasted value above ¥6,000 a share. However, caution should be exercised leading into today's report and tomorrow's market. Market analysis from the Nikkei reflect increased buying on margin. With retail traders forced to sell within a 6 month deadline, should the rally stall or shareholders selling to meet their deadlines, we could potentially see a selloff after an initial reaction. On the positive side, short selling is extremely tame which reinforces a chance for AnyColor to reach for the target valuation above ¥6,000.
Be mindful this situation may present itself twice. Once now and once during the summer. Should the rally maintain its strength, a valuation revision will be in order.
https://www.nikkei.com/nkd/company/history/trust/?ba=1&scode=5032
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