Naked Brand Group, Inc. (NAKD)

[89x]

Typical pump and dump from my perspective. Look at what NAKD did on merger news about a month ago. It went up super high for one day and came back down. It held its gains for a few days then slowly bled back down and filled the gap from which it came from. Now since this is the second batch of bullish news in the same month, the base NAKD might form could be higher, around 1.50-2.00$. But once the buying pressure has left, day traders gone, there will be hardly any volume and it'll most likely sink until Feb 10. Now I could be wrong and there could be institutions keeping this afloat because of the merger but they didn't do that last month on the merger news so I think it'll continue to sink down until the merger becomes official.