Naked Brand Group, Inc. (NAKD)

[PennyStockTrader2]

In a space of 4 days, a "starter" position in NAKD has led me to having 3175 shares, hmm, not what I ever expected when I got in. Luckily for me my avg around $3.16/share appears to be a lot lower than those that have been around a while here. I like what the company is doing and this seems severely oversold. If we can get a nice bounce, writing the $5 calls for february at say .25+ could maybe offer a little downside protection (the January $5 call is practically worthless at a nickel), but I am dismayed to see that they only have strikes every 2.50 which appears to be common for NASDAQ. Anyway, I think its a bargain at this price.