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Opyl Ltd Announces Director's Final Interests biztoc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biztoc.com Daily Mail and Mail on Sunday newspapers.
NAKD Stock: Naked Brands Looks Primed For a Rally investorplace.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investorplace.com Daily Mail and Mail on Sunday newspapers.
Castor Maritime (NASDAQ: CTRM), which used the gullibility of small investors to buy cargo ships. Stocks with tiny market caps are easy to manipulate. All it takes is a story. Our Matt McCall surmises that Naked Brands became attractive simply because of its ticker symbol, NAKD. It’s the kind of thing middle-school boys will snigger about in hallways, and many WallStreetBets players are no smarter. But much like AMC Entertainment (NYSE: AMC), which used its short squeeze to recapitalize with stock, Naked Brands management seized its 15 minutes of fame. They sold stock to put over $200 million on the balance sheet. They are dumping Bendon, the store chain that had been behind the company in the first place. Now they claim to be an e-commerce play with cash on the balance sheet, hungry for acquisitions. That’s why the shares aren’t back down to 22 cents. ....
Naked Brand Group LTD. (NASDAQ:NAKD) moved higher Friday, likely after shareholders voted for approval of the proposed transaction to divest its Bendon brand brick-and-mortar operations. Another recent development from the company includes an appointment of a new chief financial officer, Mark Ziirsen, as of April 19, 2021. Naked Brand Daily Chart Analysis Naked Brand stock looks to be testing a key level where it has previously held as resistance. The stock has been forming higher lows throughout the past six months. The stock is trading below the 50-day moving average (green) and above the 200-day moving average (blue), indicating the stock is most likely facing a period of consolidation. ....