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CYNK - CYNK Technology Corp
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CYNK - CYNK Technology Corp

  #1 (permalink)
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Austin, TX
 
Futures Experience: Intermediate
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CYNK - CYNK Technology Corp

Whos shorting this tomorrow? CYNK Technology: Promoters Push Market Cap To $655 Million Despite $39 In Assets And No Revenue; 100% Downside - Cynk Technology Corp. (OTCMKTS:CYNK) | Seeking Alpha

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  #3 (permalink)
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Pure Madness: Revenueless, Assetless CYNK Soars Over $5Bn; Bigger Than GameStop, Cablevision, Jabil Circuit | Zero Hedge

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  #4 (permalink)
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The CEO is now number 300 something on Forbes Billionaire list.

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  #5 (permalink)
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Quoting 
As a reminder, this idiocy is a glimpse of what the Fed's central planning has done to the S&P 500.

I disagree with their association of the Fed to this clear pump and dump. Fed has nothing to do with promoters pumping the shit out of this and then tanking it.

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  #6 (permalink)
Membership Temporarily Revoked
Warsaw Poland
 
Futures Experience: Master
Platform: MetaStock
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Posts: 13 since Jul 2014
Thanks: 2 given, 4 received

No one is trading CYNK, SEC stopped the trading. It can't go down now (last price is 13.90). You couldn't profit from this.
Those who thought it's easy money: http://www.bloomberg.com/news/2014-07-15/cynk-short-squeeze-blamed-by-trader-for-costing-him-job.html

Interesting case anyway...


Last edited by AgileQuant; July 18th, 2014 at 07:16 AM.
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DUN DUN DUNNNNNNNNN!

Clues to Cynk Penny-Stock Mystery Found in Brooklyn Case - Bloomberg Thanks @srgtroy.

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