Feb. 3, 2021
I still have 500 shares of NAKD. I like to look into opportunities on this stock. Maybe the short interest will lead to another short sale squeeze.
Robinhood restriction
Yahoo -> Finance -> Conversation
Example of Short Selling Interest Rate using NAKD As A Possibility
Shortie Buys 31 million shares short at 1.00 at a Borrower interest rate of 22%
Purchase = $31 million x.22% = $6,820.000 a month in interest for each month they are unable to unload the stock. This interest accrues every month that a short holds the stock.
This interest is based on the price the stock was shorted, on top of that if a short cant escape the obviously must buy the stock at a premium also resulting in a loss.
So for whomever purchased the 31 million short shares in January, to hold through February would mean $13,640.000 in interest alone.
Now if they cant get out and have to sell at say $2.00 a share, the 31 million shares they borrowed now cost $62 Million to cover resulting in a loss of $31 million in the stock plus another $13,640.000 in interest for a total of $44,640.000.
For every dollar higher the stock goes add another 31 million. So to escape at $3.00 a share on a squeeze would be a loss of $75,640.00 and so on.
Hold onto your shares, when losses mount, shorts will cover that's a fact.
Another comment:
1. The $50M offering provides much needed liquidity for transformation of company
2. Shares were sold at $1.70 so investors see value in the company
3. Sold off brick and mortar segment of business to focus on e-commerce. Closing expected 4/2021
4. New leadership with background in industry
5. No debt!
2. Shares were sold at $1.70 so investors see value in the company
3. Sold off brick and mortar segment of business to focus on e-commerce. Closing expected 4/2021
4. New leadership with background in industry
5. No debt!
Observations
Feb. 3, 2021
Calculate how much money to push up the price - remember, use it make next bet!
0.90 - 1.40 - 1.20 NAKD 288,734,000 - 288 million dollars bet - push up to 50% - set up automatic sell, set up purchase around 0.90
1.2 - 1.8, 50% - another rebound
NAKD ---
1.2008 - 0.2988 32.8% - 10:37 AM - stay the same
10:52 AM another 28 million went up 32.8% -> 37% ->37.89%
11:18 AM 39.66% 1.28 - 0.3599 - 26 minutes - 22 million dollars 7%
332,955,000 - another 22 million -
12:14 1:19 30.75% - 355,778,000 shares - price 1.18
Perfect casino - another 23 million - another 60 minutes -
penny stock is best place to manipulate and pump and dump.
Calculate how much money to push up the price - remember, use it make next bet!
0.90 - 1.40 - 1.20 NAKD 288,734,000 - 288 million dollars bet - push up to 50% - set up automatic sell, set up purchase around 0.90
1.2 - 1.8, 50% - another rebound
NAKD ---
1.2008 - 0.2988 32.8% - 10:37 AM - stay the same
10:52 AM another 28 million went up 32.8% -> 37% ->37.89%
11:18 AM 39.66% 1.28 - 0.3599 - 26 minutes - 22 million dollars 7%
332,955,000 - another 22 million -
12:14 1:19 30.75% - 355,778,000 shares - price 1.18
Perfect casino - another 23 million - another 60 minutes -
penny stock is best place to manipulate and pump and dump.
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