Friday, July 11, 2014

CYNK Halted

As StreetInsider.com warned of yesterday, bubble-like penny stock Cynk Technology Corp. (OTC: CYNK) has been halted.
The reason is listed as U3 or Trading Halt - Extraordinary Event Halt:
Trading is halted because FINRA has determined that an extraordinary event has occurred or is ongoing that has had a material effect on the market for the OTC Equity Security or the security underlying an OTC ADR or has caused or has the potential to cause major disruption to the marketplace or significant uncertainty in the settlement and clearance process.
Yesterday, shares of Cynk grabbed traders' attention as it surpassed a market cap of $6 billion although it has minimal assets, cash, revenue, etc.. StreetInsider.com notified FINRA of the issue.

9 comments:

perfectionmovers.ca said...

Movers in GTA
Excellence moving companies provide the defeat service in very reasonable prices shifting from your underground room, residence, house or property home residential and office shifting in Greater and GTA.

Sms Penny picks said...

Great Information provided.Thanks for the update provided.
Regards,
Penny Picks

Jessica Amy said...

Perfect Movers is Dubai’s cheap and professional company for Relocation in dubai UAE we are best amongst International Relocation companies in Dubai to handle hassle free moving services

Mario Tenorio said...

Learn moreabout penny stocks by reading our FREE e-Book now

http://openingbellbulls.com/Home/TradingSchool#downloadForm

Asad Hanif said...

I am glad to see that people are actually writing about this issue in such a smart way, showing us all different sides to it. Thanks for sharing, please keep it up.

Also checkout our happy new year 2017 SMS new collections.

Rabya Atif said...


I read blog thoroughly,its quite informative and well written post.you covered the topic very well.Thanks for sharing.
Also checkout Pakistani chat rooms

stephen ashley said...

helpful penny stock alerts

stephen ashley said...
This comment has been removed by the author.
stephen ashley said...

see post,,,buy facebook likes