A billion dollars worth of.. Nothing..

[LivinLOS]

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

The shares surged another 45 or so % yesterday.. I hate to be the one calling the emporers new clothes but this is a company with

39 dollars worth of assets..

1 employee..

No website..

No product..

No revenue..

Valued at over a billion..

This is simple and total pump and dump.. If this isnt a market in terminal stages of madness and well deserving of the crash thats coming, I have no idea what is.

[LivinLOS]

In hindsight.. I really should have pushed for us to list.. I could trump those number !!

[K2]

Fair bet that it CYNK's like a stone!

[K2]

In hindsight.. I really should have pushed for us to list.. I could trump those number !!

Its not too late!

[K2]

Wanna start a bank .... if cant beat 'em ....

Starting a bank costs less than a flat in Chelsea | City A.M.

[slampay]

Who's the underwriter of the pump and dump, and do they trade??

Ffs, I would throw some dosh at them. Evil/brilliant ...

[slimbag]

Avg Vol (3m): 22,869

kinda puts things into perspective, someone is making good money dumping his stock but he's far from being a billionaire yet

[LivinLOS]

Avg Vol (3m): 22,869

kinda puts things into perspective, someone is making good money dumping his stock but he's far from being a billionaire yet

Yeah tho its only been trading a couple of weeks to drag down the average..

Killer short though..

[K2]

BI giving CYNK a good mauling today ....

A 'Social Networking' Stock Has Exploded 25,000% In A Few Days, And It's Not Even Clear If The Company Exists | Business Insider

[marc26]

BI giving CYNK a good mauling today ....

A 'Social Networking' Stock Has Exploded 25,000% In A Few Days, And It's Not Even Clear If The Company Exists | Business Insider

It is an embarassment the exchange has not halted the stock
Was up another 3+ today

[K2]

^ Trading suspended today.

[marc26]

^ Trading suspended today.

Yeah
Ridiculous they needed an investigative report from CNBC, of all places, to halt it

[Dodger]

Yeah
Ridiculous they needed an investigative report from CNBC, of all places, to halt it

Should have used Twitter???5555555555555

[K2]

^ they went old tech .... Facebook!

Here's What Happens When You Try To Talk To The CEO Of CYNK | Business Insider

This really is a WTF .... $5 BILLION .... !!!!!!!!!!

[Evilbaz]

Can the promoters be prosecuted for fraud.?

Or is that industry in its entirety bereft of responsibility and truth?

And don't give me crap about "caveat emptor" ...

[LivinLOS]

SEC Casts Wide Net in Probe of Microcap Stock Cynk - WSJ

Now down to <50c (still generous)..

[LivinLOS]

Promoter?s Arrest Sheds Light on Cynk?s $6 Billion Surge - Bloomberg Business

He was also charged with conspiracy to launder $300 million in illicit profit.

Worth a try I guess..

[LivinLOS]

A $300 Million Layover: CYNK Mastermind Arrested After Phoenix Diversion

Fuck.. they caught him due to an unscheduled layover !!! That must suck !!

Today's Lesson: If you ever find yourself with $300 million in illegal gains, don't fly commercial.

[K2]

For $300 million it was probably worth 'diverting' the flight .... he was greedy and made himself a target ... not much sympathy on this case, somewhat different from the flash crash stitch-up case.

[LivinLOS]

not much sympathy on this case, somewhat different from the flash crash stitch-up case.

It would depend very much on how much 'false' he did.. I dont know the details but I find it hard to have much sympathy for people that randomly buy a stock like that, with no assets, no business, no anything..

Thier greed also..