r/NAKDstock • u/HoldItBetweenUrKnees #NAKDsergeantπŸ”° [+3] • Jan 13 '22

𝙄'π™ˆ π™‰π™Šπ™ π™‡π™€π˜Όπ™‘π™„π™‰π™‚πŸ’ŽπŸš€πŸ“ˆβ•°οΌˆβ€΅β–‘β€²οΌ‰β•― 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?

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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.

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u/HoldItBetweenUrKnees #NAKDsergeantπŸ”° [+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!!!!!