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re: Anyone see this story about CYNK?

Posted on 7/13/14 at 3:24 pm to
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 7/13/14 at 3:24 pm to
I'll be damned. You got me.

I've never been able to successfully short something as crappy as that.

All of my experience has been on the institutional side, and we never touched anything this crappy.
This post was edited on 7/13/14 at 3:33 pm
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 7/29/14 at 1:33 pm to
quote:

12% margin will seem small when the stock drops 99% over the next week.


Day 3 back to active trading: 98% loss.
This post was edited on 7/29/14 at 1:34 pm
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 7/29/14 at 1:38 pm to
quote:

TheHiddenFlask


Posted by Iowa Golfer
Heaven
Member since Dec 2013
10230 posts
Posted on 7/29/14 at 6:49 pm to
Shorts made a killing. Wish I had been aware. I'd have been right there with the guy complaining about his 12% margin rate. Except I wouldn't have been complaining, I'd have been licking my chops.
This post was edited on 7/29/14 at 6:52 pm
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