Tech Company With $39 In Assets Now Worth More Than $6B

Posted by richardknop on Sunday July 13, 2014 @01:30PM
from the techcrunch.com dept.

http://techcrunch.com/2014/07/10/tech-company-with-39-in-assets-now-worth-more-than-6b/?ncid=rss&cps=gravity

( 4 comments | 3 points | on HN )

Re:Tech Company With $39 In Assets Now Worth More Than $6B by ajbetteridge on Monday July 14, 2014 @09:23AM (#8030748)

Google Now asked me if I wanted to keep getting info on CYNK stock on Friday, which seemed weird at the time as I don't subscribe to any stock updates, but now makes some sense I guess.

[ Parent | on HN ]

Re:Tech Company With $39 In Assets Now Worth More Than $6B by driverdan on Sunday July 13, 2014 @02:12PM (#8028155)

This is a classic penny stock pump and dump. It has nothing to do with a tech bubble.

[ Parent | on HN ]

Re:Tech Company With $39 In Assets Now Worth More Than $6B by gumballhead on Sunday July 13, 2014 @10:05PM (#8029267)

Just short it then

[ Parent | on HN ]

Re:Tech Company With $39 In Assets Now Worth More Than $6B by reinier on Monday July 14, 2014 @09:26AM (#8030757)

People did. Trading halted. People were stuck paying interest on their shorts every day... Keep away from anything penny stock.

[ Parent | on HN ]