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DeSwiss

(27,137 posts)
Thu Jul 10, 2014, 07:54 PM Jul 2014

Pure Madness: Revenueless, Assetless CYNK Soars Over $5Bn [View all]


Pure Madness: Revenueless, Assetless CYNK Soars Over $5Bn; Bigger Than GameStop, Cablevision, Jabil Circuit

Submitted by Tyler Durden on 07/10/2014 12:10 -0400



Well that escalated quickly... CYNK Technologies - which we first exposed to the world here - has gone from dumb to dumber. "Traders" just bid CYNK at $18.50 $20.32 this morning (on less than 100,000 shares) meaning this asset-less, revenue-less shell of exuberance now has a market cap over $5.4 $5.9 billion.

*snip*

That leaves CYNK more "valuable" than all of the following companies...



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- Boy the economy sure is doing well. It's almost like MAGIC! Or, something similar......
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