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CYNK - CYNK Technology Corp


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 tturner86 
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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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 Big Mike 
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Pure Madness: Revenueless, Assetless CYNK Soars Over $5Bn; Bigger Than GameStop, Cablevision, Jabil Circuit | Zero Hedge

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 tturner86 
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The CEO is now number 300 something on Forbes Billionaire list.


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  #5 (permalink)
 
tturner86's Avatar
 tturner86 
Portland, Oregon
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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)
 AgileQuant 
Warsaw Poland
 
Posts: 13 since Jul 2014

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: https://www.bloomberg.com/news/2014-07-15/cynk-short-squeeze-blamed-by-trader-for-costing-him-job.html

Interesting case anyway...


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 tturner86 
Portland, Oregon
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Clues to Cynk Penny-Stock Mystery Found in Brooklyn Case - Bloomberg Thanks @srgtroy.


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