Dec 22, 2021 - Jack Dalton
12:49 PM
Newsletter
This report will cover information about NAKD news, information about their stock, and information about the size and quality of the NAKD Reddit, Twitter, and StockTwits communities.
To continue your own research on the social sentiment of this stock, or any other stocks, check out the Utradea Social Sentiment Dashboard for advanced insights and analytics to get you started.
NAKD Recent News:
NAKD is reportedly in talks with Cenntro, who is an EV company. Unlike many of the other EV companies that are listed on public markets, Cenntro is already past their start-up stage, and has started to produce their own EV's.
This deal is a “hail mary” for NAKD in the sense that they need to bump their stock price above $1/share in order to stay in compliance with NASDAQ and avoid being delisted. This merger essentially represents NAKD's last chance effort to reach this “compliance threshold” and stay listed on the NASDAQ. This is important to note as the management team for NAKD should have this in mind when they structure and make this deal happen (which is expected to close before December 31st 2021). This is big news for their stock and could be lucrative for investors who get in at current prices of $0.50/share. However, if they are not able to meet the $1 threshold, it is very likely that their stock will tank due to the uncertainty and risk associated with being listed on the OTC markets.
Update: NAKD underwent a 15:1 reverse stock split on December 22nd 2021.
NAKD Social Media Overview:
NAKD Reddit:
The NAKD community on Reddit has now vanished from Reddit, however, when you visit the old NAKD subreddit, they direct you to r/CENN. So, this analysis will focus on this subreddit (for their merger with Cenntro, hence CENN).
The CENN Reddit community is new and hence they are small, however they are somewhat active when considering their size. Overall, I think this is a new community that has a lot of room to grow, and currently there is not too much bad that I have to say about them. This has led me to rating the CENN Reddit community a 7/10
NAKD Stocktwits:
There is a NAKD Stock Forum on Stocktwits, where the members can post messages about NAKD.
The NAKD Stocktwits community is very large, however their relative posting volume is low but sufficient. Overall, I think this community can get very active when there is hype around their stock, which should be the case later this month as they close on the merger. This has led me to rating the NAKD Stocktwits chat an 8/10.
NAKD Twitter:
The following data is taken from the Utradea Social Sentiment Dashboard, as there is no NAKD forum on Twitter (just individual posts).
Overall, the NAKD mentions/community on Twitter is quite large, however, the community is very large and active for being such a new stock/community (ranks #11 on Twitter over the past 24 hours, and #13 over the past 72 hours). Furthermore, there are numerous sizable accounts that posts about NAKD, which can draw new eyes to the stock. I find the posts on Twitter about NAKD to have more news about the stock, which is good. This has led me to rating the NAKD Twitter a 9/10.
Summary of NAKD Stock and Community:
The NAKD subreddit has disbanded and has “re-branded” into r/CENN, and there are challenges/cons that have come with this. However, the NAKD Stocktwits community is quite active, and the NAKD Twitter community is very active and has high quality posts. This helps to make up for the lack of a community on Reddit. Overall, I would rate the NAKD online community an 8/10.
NAKD Price Prediction:
I am in agreeance with Utradea user “WallStreetWhale”'s price prediction of $1/share ($15/share after the split). Furthermore, I believe that their report was well-written, and I would encourage you to read up on it if you are at all interested in NAKD's stock. The analysis can be found here.