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    The CYNK Stock Trap: When to Ignore a 24,000% Gain

    CYNK

    Sometimes even a 24,000% gain can be a bad thing, especially if it involves a very dicey penny stock.

    CYNK Technology Corp. (OTC: CYNK) spiked from $0.10 in mid-June to a Wednesday closing price of $14.71 in less than four weeks. But according to publicly available data, CYNK has never earned any revenue and had lost $1.5 million as of the end of 2013. Oh, and the company has no assets, either.

    How could a penny stock like CYNK soar so dramatically, and who might be orchestrating it?


    That's what everyone wants to know...
  • Penny Stocks Today