Company That May Not Exist Is Worth $5 Billion
234Bubbles are filled with air, so it is only fitting that in our new tech bubble we buy companies that are mostly made of air.
One of the hottest stocks in the universe right now is a social-networking company called Cynk Technology, ticker symbol CYNK. As of Thursday morning, the stock had soared more than 30,000 percent in less than one month, shooting from 6 cents on June 16 to $18.21 Thursday morning, taking Cynk's market value from about $17 million to more than $5 billion.
Read More At:
http://www.huffingtonpost.com/2014/07/10/cynk-technology-stock_n_5573862.html
Clip from the Friday, July 11th 2014 edition of The Kyle Kulinski Show, which airs live on Blog Talk Radio and Secular Talk Radio monday - friday 4-6pm Eastern.
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