When you look at the way this stock has sky rocketed makes me wonder why Si cannot be taken public and you I know have a great deal of work trying to keep it going . Not simple how to pay for self and how to keep the dollars flowing there are enough genius people on this site that I think it could be done.
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Cynk Is a Joke, Not Proof of a Bubble
By Nick Summers
Bloomberg Businessweek
July 10, 2014
The financial world is obsessed this morning with Cynk Technology ( CYNK), a “company” that traded for a few pennies for most of its existence before suddenly exploding more than 25,000 percent, giving it a market value of more than $5 billion. Cynk supposedly operates a social network—but one that would appear to have no members, no revenue, no assets, etc., and its public filings reveal a hilariously inept business plan and dubious personnel.
When the markets are dead, dead, dead, this kind of price chart has the ability to light up the bored summer Wall Street Twitter community: |
