The company’s stock, which the folks at ZeroHedge first alerted us to, has gone from $0.10 on June 17 to $14.71 as of Wednesday’s close. At its current stock price, the company’s market cap is $4.29 billion.
This is a gain of more than 24,000%. For some perspective, Apple, one of the most successful companies and stocks of the last generation, is up about 18,000% since it went public in 1980.
But there is, as you could imagine, a slight problem with CYNK: It’s not clear if there’s any value to it.
Read more: http://www.businessinsider.com/cynk-technology-2014-7#ixzz3796HDx00
Bron