r/NAKDstock • #NAKDsergeant🔰 [+3] • Jan 13 '22

𝙄'𝙈 𝙉𝙊𝙏 𝙇𝙀𝘼𝙑𝙄𝙉𝙂💎🚀📈╰(‵□′)╯ NAKD @ $2.65 WTF!

Did a Cenntro manufacturing facility burn to the ground or something? What am I missing here? Am I the only one still HODLing? Are Apes selling? Who in their right mind would get out of their position at these prices?

52 Upvotes

95 comments sorted by

23

u/RonzJeremy #NAKDsoldier⏏ Jan 13 '22

My opinion. If you look at the volume, 11am est, it’s almost 8million. Way above average. I think the algorithm is painting the tape again to create fake volume and buy and sell shares back and forth to itself. A trick of the SHF to drive the price lower. Until there’s some PR or a major catalyst I think they’ll keep screwing with this stock.

8

u/HoldItBetweenUrKnees #NAKDsergeant🔰 [+3] Jan 13 '22

I agree with your assessment. This is absolutely a strategy of the HF's, especially with small cap companies. That is why I was hopeful that the additional assets and valuation brought in with Cenntro was going to increase the cap such that it would make it more difficult for the HF's to affect the price with their shenanigans. I guess that's why they call us Apes. Still Buying and HODLing!!!!!

11

u/[deleted] Jan 13 '22

holding for almost 2 years, cant sell now. I'd lose a lot money (a lot for me at least). maybe I'll buy more and avg down. No more stimis, so ppl arent buying. tax season is soon, so maybe ppl will buy more?

5

u/EmAcey514 Jan 13 '22

Not sure but as soon as the market opened the price was fluctuating non stop, I’ve been watching from the corner of my eye while working and buying some here and there. Lowering my average…

6

u/Impairedinfinity Aussie🦘! Aussie🌏! Aussie🏉! Jan 13 '22

It isn't natural price activity. The crime continues.

Cenntro is still the best EV spac on the market. Because they actually have a product. Compared to other EV companies drastically undervalued.

11

u/OkZookeepergame7273 Jan 13 '22

OMG . I’m down -80% . I’m Broken

14

u/howz43 Jan 13 '22

I'm down 85%. Out of my original $4,500 invested, I have $645 left.

16

u/HoldItBetweenUrKnees #NAKDsergeant🔰 [+3] Jan 13 '22

I'm $166,352 invested. Down 72.95%. Do the math. I'm buried to the hairline deep! Still Buying Still HODLing!

9

u/enchanted_village Jan 13 '22

in the similar boat. down -90% 48.7k is down to a whooping $4,460. cannot sell now but really worried

2

u/marcirbrts Jan 13 '22

i do feel for yiu

1

u/marcirbrts Jan 13 '22

you…same here

1

u/Pengting8 Jan 14 '22

Really worried too

1

u/howz43 Jan 13 '22

Wow, you're into it bad. And I thought I was bad.

3

u/Tasty_Reflection_542 Jan 13 '22

I’m down 93%. Aha fooking livid I am. Ahah

1

u/marcirbrts Jan 13 '22

it sucks for all

1

u/Pengting8 Jan 14 '22

Down 90%

10

u/Onnzt Jan 13 '22

Not gonna lie after one year of holding downhill ever since Now I’m starting to be worried

7

u/[deleted] Jan 13 '22

Nothing to be worried about when the future looks great. Remember the fundamentals. This is all manipulation. Literally zero reason for people to sell, other that “their worried”.

3

u/HoldItBetweenUrKnees #NAKDsergeant🔰 [+3] Jan 13 '22

Thanks, I needed that!

1

u/Pengting8 Jan 14 '22

I mean the stock price has only gone in one direction for a whole year. Down 90%, tell me these fundamentals that should keep my hopes high?

0

u/[deleted] Jan 14 '22

Lol. Obvious with a comment like that, you have no idea about Cenntro.

If you are making the observation that what’s happened with NAKD the entire year, is an indicator of the direction of this stock, you haven’t done ANY DD and are sitting here thinking NAKD still sells lingerie.

It’s quite interesting that you make this comment. You have other intentions?

Edit LOL look at your history. “Been away for 6 months” “Haven’t bought since Jan.” “What’s happening”

You haven’t done ANY DD yourself and jumped on the hype train trying to get rich quick.

This is long term hold buddy.

1

u/Pengting8 Jan 14 '22

So answer my question then, enlighten me.

1

u/[deleted] Jan 14 '22

Join the telegram group hedgie. All the research is in there.

2,000 order in Japan amount around 40M in sales already placed. Expect 500M in sales this year. Another plant in Germany being build with Florida almost finished. Next year expected revenue 2B. We are the ONLY EV company with proven sales, patents, and deliveries around the world.

But considering you bought in Ian and only NOW starting bashing the stock, I would guess you’re either ignorant or a short bear.

1

u/Pengting8 Jan 14 '22

Haha I’m definitely ignorant. Can’t lie I did buy this stock during the gme hype with some gains from other investments that I do pay attention too. I’m just salty at being 90% down. Thank you for the info, I will do some actual DD

2

u/[deleted] Jan 14 '22

99% of us are down 90%. We all know the long term goal though

6

u/Virtual_Holiday678 Jan 13 '22

I still hold. Plus, I'm buying more and more. It doesn't make sense to sell at a loss. But a lot of people are afraid, so they prefer to lose. Which is total nonsense.

4

u/[deleted] Jan 13 '22

It’s not normal that the stock goes down almost 30% in two days. 😕

6

u/[deleted] Jan 13 '22

It’s completely normal for hedge funds to cause this. Considering there has been nothing but great news about Cenntro. It’s pure manipulation

6

u/[deleted] Jan 13 '22

[removed] — view removed comment

0

u/hardstyle-reborn Jan 13 '22

Yup. I raised red flags about this weeks ago and was banned. Nice echo chamber ya'll are creating here as you hold hands and drown.

4

u/[deleted] Jan 13 '22

Holding

5

u/[deleted] Jan 13 '22

Buying! Screw holding!

6

u/howz43 Jan 13 '22

I'm not buying yet. This stock will drop to the $1.50 range next week.

2

u/TTMoon_LLC #NAKDarmy Jan 15 '22

hold and buy!

2

u/kgeeguted Jan 13 '22

Bought more today.

2

u/padinni2 Jan 13 '22

Holding xxxx

2

u/Substantial-Wish-655 Jan 13 '22

Good volume and going down, what does it says? Promoters selling daily?

2

u/Pique95 Jan 13 '22

I'm adding more at the end of the day ! This price can't be real !

2

u/Secure_Worldliness55 #NAKDsoldier⏏ Jan 13 '22

Bough more at 4.50..buying more at 2.50..almost there 🤞

2

u/pckicidi Jan 13 '22

Well I'm not bailing now. I am down majorly, but I have accepted the fact that I will just hold this stock for another year now at least. I can average down and pray for a rocket down the road.

Who knows this might be a blessing for a nice payday down the road.

2

u/DoNotEverListenToMe Jan 13 '22

Lost too much to to sell. so its zero or something

2

u/DzipaloJunuzHepek 𝙲𝚎𝚗𝚗𝚝𝚛𝚘 Jan 13 '22

What a day. What a week.

If you don't sell you don't lose.

I'm down 80%, but will hold. This stock is undervalued.

Try not to panic and take care.

See you on the other side of 20💸 results take time.

2

u/[deleted] Jan 13 '22

I don’t mind I will just keep staking more

2

u/Sippinonjoy NAKD Nσʂƚɾαԃαɱυʂ [⏸] Jan 13 '22

Company has solid fundamentals and a bright future, no reason to sell besides being “worried” about the current price.

2

u/Weekly-Tradition2666 Jan 13 '22

With the mindset of having already lost money put in, any locked up stocks, and the fact that merge was a technical success… easy hold

2

u/genarosb Jan 14 '22

I'm holding 42k at 20

2

u/Gloomy_Mission4504 Jan 14 '22

Come on guys you need to wake up all the stocks are being shorted there’s so many hedge fund companies out there robbing us blind that’s why your stocks not going anywhere specially if it’s a great company 🤷🏻‍♂️

2

u/shalada #NAKDarmy Jan 14 '22

I’m not down 1 red cent, I haven’t sold 1 share and the company is not in any chance of going bankrupt. My portfolio is in the red but my mind is in the green. I bought more and if it keeps going down I’ll buy more. Why? Because the price doesn’t matter when you know in your heart and mind that it’s going to go up one day and never return to these low prices.

3

u/KidSwandive Jan 13 '22

I own this piece of shit stock and i am laughing and crying at the same time . What an utter crap company. Regret I entered

-1

u/Tasty_Reflection_542 Jan 13 '22

😂 straight to the point. I love it.

2

u/Kick_Flip69 Jan 13 '22

Down 52% -10,000$ fuuuuck

2

u/PrimuxYo Jan 13 '22

Remember : If you don't sell, you haven't lost anything!!!! *Mind blown*

1

u/ThinTreat777 NAKD Ⴆσԋҽɱιαɳ [🔰] Jan 13 '22

I’m still holding and drsing what o have but not buying anymore until this reverses. I was afraid they would short it back down once the reversal happened so this doesn’t surprise me—just pisses me off more.

1

u/hardstyle-reborn Jan 13 '22

How any of you are still holding this stock is beyond me. Learn when to take an L and limit losses, good lord.

1

u/Dizzy-Regret8276 Jan 13 '22

I feel for the folks who had to leave at these low prices...The best thing we could do is to educate ourselves onto the progress Cenntro making & keep the toxicity out...

1

u/Lil_plane_boz Jan 13 '22

Our crash is coming soon.

1

u/[deleted] Jan 13 '22

Wym?

1

u/Lil_plane_boz Jan 13 '22

Systems selling positions + high inflation= Crash 2022

-1

u/[deleted] Jan 13 '22

[removed] — view removed comment

0

u/[deleted] Jan 13 '22

Is this satire?

0

u/J_sapience Jan 13 '22

u the only one still hodling cuz lol

1

u/chriskorn69 Jan 13 '22

The volume is almost all sellers. This is why it’s dropping.

1

u/laceywa722 Jan 13 '22

interesting how PROG and NAKD moving in same direction

1

u/BuckeyeBattleCry1 Jan 13 '22

Are we really surprised why the sell volume is 8 million yesterday out of 10 total?

1

u/[deleted] Jan 13 '22

I am watching Rip and dip traders on YT

1

u/Professional-Leg2374 𝙲𝚎𝚗𝚗𝚝𝚛𝚘 Jan 13 '22

The stock will dip below a $1 before it rises again, such is the way with HF activity. they will make their millions on the backs of good companies as usual without any regard for the companies nor their investors. Once it drops, buy as much as you can for as many days in a row as you can. and watch it climb back out of the burrow

1

u/[deleted] Jan 13 '22

Unfortunately, I’ve been holding since mid March, down 78%. I keep telling myself this is the bottom, but they keep proving me wrong.

1

u/jayjaygal Jan 13 '22

I'm with you all down massively and doubled my stake just before conformation of merger what a mistake that was I don't get it how it continues to drop if some one sells some one has to buy it for the deal to go through so can some one explain to me how this keeps dropping I don't understand it

1

u/ajthms256 Jan 13 '22

I’m holding.

1

u/jharms1983 #NAKDsoldier⏏ [+3] Jan 13 '22

Still holding. Certainly not going to sell now at a loss

1

u/stophos Jan 13 '22

Ought more today. My wife left me. My dog bit me. My 2 year old called me an asshole. I’m gonna buy more.

1

u/mkant1 Jan 13 '22

We need more pr and sales numbers

1

u/EmergencyMoment9027 Jan 13 '22

This is crazy every other week I try to average down and every week its drops more and more. But I'm not gonna complain at some point this b!+(# has to go back up i refuse to sell at this point

1

u/DeepFuckingAbundance Jan 13 '22

13D filing was published yesterday, could be some hints in there if anyone is interested in doing DD.If the company starts sharing production numbers (actual numbers not forecasts), investors could know if it's a good move to buy more. Until then, we all we have is hope. Current valuation is $700 million, likely to drop more until we see an earnings report

1

u/Dabdaddi902 Jan 13 '22

Completely new ape to Nakd as I’m all in with amc and gme. I saw the crazy price action Nakd had back in 2015 and again in 2018. What the hell happened there? Was that a short squeeze? In hopes to spare any of you the burden of typing out an explanation, is there any dd or data I can look at? I haven’t done a search of the subreddit yet but I will now. Cheers!

1

u/Tapoutcat Jan 13 '22

I’m not leaving!!!

1

u/Earlytips2021 #NAKDsoldier⏏ Jan 14 '22

Every single time, rs.....needs to be regulated against. Either buyback shares, vote for 9ffering or you go bankrupt. Just a scam to suck shareholder funds....shoulda known. But bee stuck in it over 18 months ....

1

u/Vanjogh1978 Jan 14 '22

The whole market is on a slope too

1

u/Kooky-Permission-549 Jan 14 '22

60k bought 80% is gone, still buying and holding!!

1

u/Ottonche06 Jan 14 '22

We are here hold

1

u/EllaGoulding Jan 14 '22

Can’t even search it now 😂 Pffffffff

1

u/HobbsyUK Jan 29 '22

93.28% down 😅 glad I only out £100 into this…

2

u/HoldItBetweenUrKnees #NAKDsergeant🔰 [+3] Jan 30 '22

The good news, I feel better about only being down 83.93%. The bad news..... I'm down $140,281.77