Starting it off.

After-cash yay? Woo-hoo?

ABCD right to lines. We shall, indeed, see now.

Woo-hoo...

Anyway, that was a pretty decent day for trading, me thinks.

CYNK hits 14.65 today. Recall that before the pump and dump campaign it was 6 cents. The market cap hit about four and a quarter billion. Recall it is located in Belize, it has one employee, hasn't had any revenue since what was it, 2008, has assets totaling $39 (just $39, not $39M or $39B), etc... Nah, speculation isn't out of control... And they haven't shut it down yet? There is no rule of law left at all.

Originally posted by jimkane

So, you know those emails we all get (I get so many I can't count them all) saying this or that two cent or eight cent stock is going to zoom, and I better get in now? I usually get slews of them for one symbol, and then slews for another symbol, and so on. Okay, so we are all bustin' our a#%es off, and making short money for it (for my overseas readers, 'short money' means 'not much', it has no connection to money made shorting stocks). So, where does some of that money stolen from us forcibly every day by the money printing manipulators go? It goes to making a billionaire out of a guy in Belize (where this company below is located) using a completely illegal pump and dump strategy. I'm in the wrong business...

http://www.zerohedge.com/news/2014-07-07/market-top-meet-1-billion-company-zero-revenues

Here's a writeup before they soared well over a billion market cap.

http://seekingalpha.com/article/2274553-cynk-technology-promoters-push-market-cap-to-655-million-despite-39-in-assets-and-no-revenue-100-percent-downside

I say good for them, nothing wrong with capitalism. Reminds me of the dot.bomb days. Pretty sick, people are starving to death daily on this planet, and a guy in Belize becomes a billionaire using illegal games and stolen savings, and nothing will be done about it, except more of the same.

Oh, yeah, and no website and no product.

BTW, just waiting to see if the long side resolves here and more happens with that, or not. 'Should' pop any second now.

'Should' means there are technical or 'trading pattern/layout pattern' (not ABCD pattern, different use of the word here) reasons why, and before the massive manipulation days the odds, in my experience, favored that outcome.

OK, got the pop just as the timing factor said it was time, but that was a very low timeframe timing factor, and it's done its thing with that pop. Now we see what it wants next, as the higher influences come into play. It may have just used that to sucker a bunch of longs in, now back to slice and dice mode, turning sucker traders into a Ginsu'ed meal.

Looking like slice and dice...

So, this is what recovery looks like in 'exceptional' AmeriKa? 2008 was the 'wave 1' (crisis-wise), and I have less than zero doubt 'Wave 3' is going to be quite an extended wave, not one of those 1.618 multiples of 'Wave 1' (again, in severity of crisis, not stock market values). I've been saying for a long time now "America is gone". Now I see I'm not the only one. The whole planet is gone.

If any written history survives (something I'm not so sure about), they will look back at this period, of when we were in the eye of the storm, a storm that gained a tremendous amount of strength while we were in the eye, and muse about how no population in history has ever deluded themselves this much (not just the U.S, but the world, as I see Europe being a bit worse off than we are (yes, I think, mathematically, that's the case), and Japan and China as complete jokes). They will wonder how we could even do this, pretend we are fine when the world was burning around us (normalcy bias to the umpteenth power), waste the only chance we had to salvage something, and we just sat back, let the power-mongers make it a lot worse, loot us fully and completely.

But, I've come to conclude it just has to play out this way. Something worse then WWII and all that suffering just is in the cards, it has to happen. It has to, because we didn't do anything to stop the groundwork from being laid over the decades. Bye, Bye, AmeriKa, and world. Bye-Bye.

http://www.theburningplatform.com/2014/07/10/shock-report-70-million-people-would-be-starving-in-the-streets-without-government-welfare-programs/