Tech Company With $39 In Assets Now Worth More Than $6B

Screen Shot 2014-07-09 at 3.33.06 PM Are we in a bubble? We’re in a bubble.
CYNK Technology, a ‘company’ with a grand total of $39 in assets, has seen its share price rise dramatically, spiking to a valuation of more than $6 billion in a matter of days. The company’s 52-week low valued the firm at less than $18 million. Read More

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