Trading In Mystery Stock Suspended
(Undated) — Trading on a mysterious stock that shot up 25-thousand percent in just two weeks is suspended. Cynk Technology was trading for more than 15 dollars a share Thursday. Two weeks ago Cynk was trading for just six cents. The stock had a market value of around five-billion dollars yesterday but no one really knows if Cynk is worth anything at all. Its latest financial report with the Security and Exchange Commission doesn’t list any revenue or assets and it reported a one-point-five million dollar loss last year. Cynk was trading over-the-counter, rather than on any stock exchange.