without revenue, rousing the SEC $CYNK
Elliott Research Financial Education Foundation,I (501-c) PRO-SE Advocacy Legal Group & Legal research analyst. While I advocate for financial literacy and Senior Lives Matter as a critical tool to empower individuals, we can provide seniors with the dignity, respect, and support they deserve through legislative reform and public policy. Financial literacy helps people budget, save, invest, and manage debt. It promotes economics, While I advocate for financial literacy .
Sunday, July 13, 2014
Cynk Technology's valuation defied gravity
Forbes had a different perspective on this, which I found more plausible. It's not that people are stupid, it's that a borderline fraud technique was used by investors to raise the price, only so they can sell the inflated stock at a huge profit. It's possible that someone simply bought enough stock to raise this company's profile, and that attracted the attention of other traders, who bought more, and raised the profile of the stock more. They didn't plan on actually investing in the company in.
WSJ.com -
without revenue, rousing the SEC $CYNK
without revenue, rousing the SEC $CYNK
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