Cynk Technologies (CYNK), the mysterious penny stock that inexplicably skyrocketed 25,000% over a period of roughly three weeks, fell off the cliff known as reality on Friday.
Shares tanked 80% Friday -- their first day of trading following a suspension by the Securities and Exchange Commission two weeks ago. The SEC cited "concerns regarding the accuracy and adequacy of information in the marketplace and potentially manipulative transactions in CYNK's common stock."
Cynk trading resumes, tumbles back to earth - Jul. 25, 2014
No comments:
Post a Comment