That party in high flying stock CYNK Technology Corp (OTCMKTS:CYNK), up near 25,000 percent (yes 25,000 percent), may be coming to an end. CYNK Technology’s market cap CYNK Technology Corp (OTCMKTS:CYNK) has a market cap of nearly $6 billion dollars and may be shut down by regulators, the Street Insider is reporting. Yesterday ZeroHedge concluded “the company is nothing but a fraud. And it is nothing short of a testament to just how broken this excuse for a market is that a company with no assets, no revenues, no website, and one employee can go from zero value to nearly $5…
CYNK Technology Corp (CYNK) Could Be Shut After 25K% Rise
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.