The Anatomy of a Modern Pump and Dump
Jordan Wathen, The Motley Fool - Motley Fool - Wed Jul 23, 8:10AM CDT
From September 1999 to February 2000, a 15-year-old made more than $250,000 pumping and dumping penny stocks. It was the largest financial frauds of its time, especially given that the perpetrator wasn't even old enough to drive. The man, Jonathan...
Stocks on Our Radar: CYNK Technology
Sara Hov and Simon Erickson, The Motley Fool - Motley Fool - Mon Jul 14, 12:00PM CDT
A funny thing happened in the stock market this week: Little-known company CYNK Technology ran up to a high of $21 per share yesterday, an enormous gain from its $0.06 per share price in June. And then the SEC halted trading of the stock until...
This Week's 5 Dumbest Stock Moves
Rick Munarriz, The Motley Fool - Motley Fool - Fri Jul 11, 6:33PM CDT
Stupidity is contagious -- even respectable companies can catch it. As we do every week, let's look at five dumb financial events from this past week that may make your head spin. 1. We deserve better scapegoats Many retailers blamed slow retail...
Greenberg: Where are the Cops?
at The Street - Fri Jul 11, 11:25AM CDT
The halt in CYNK Technology points up the inaction on Lumber Liquidators and the heavy put options trading on other stocks.
Quindecillionaire Returns: Should You Invest in CYNK Technology?
Jamal Carnette and Mark Reeth, The Motley Fool - Motley Fool - Fri Jul 11, 10:30AM CDT
Technology company Cynk Technology has exploded, both in terms of stock appreciation and interest. And who can blame investors for seeking information on a company that can boast of a return of 13,800% in a little under a month? If we annualized...
The Greatest "Greater Fool" Story of 2014
Alex Dumortier, CFA, The Motley Fool - Motley Fool - Fri Jul 11, 9:20AM CDT
U.S stocks were roughly unchanged on Friday morning, with the benchmark S&P 500 and the narrower Dow Jones Industrial Average down 0.03% and 0.08%, respectively, at 10:15 a.m. EDT. Yesterday, legendary investor Carl Icahn told Reuters that...
OTC Stocks Trading News: Fannie Mae, Immune Pharmaceuticals, Inc. Cannabis Sativa, Inc. United Cannabis Corp, Cynk Technology Corp.
PR Newswire Europe - Thu Jul 10, 7:01AM CDT
LONDON, July 10, 2014 /PRNewswire/ --