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Outliers of the efficient market theory


yadayada
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what have been some outliers? I found this one

https://www.google.com/finance?q=OTCMKTS%3ACYNK&ei=HH-rU_i8MumgwwPiuoGQBg

 

A company valued at 700m$ with no assets, no revenue and no website lol.

 

Would also love to hear some the other way around :)

 

LOVE the business description: "The Company intends to develop a social network business."

 

I had a shitty day till I read this, thanks

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haha it was at over a billion$ at some point. What the hell is going on there? is it some kind of money laundering sceme or something? People cannot be that stupid.

 

People are being that stupid left and right in this market.

 

Creates lots of opportunities for us haha

 

Also:

http://www.otcmarkets.com/financialReportViewer?symbol=CYNK&id=122455

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haha it was at over a billion$ at some point. What the hell is going on there? is it some kind of money laundering sceme or something? People cannot be that stupid.

 

People are being that stupid left and right in this market.

 

Creates lots of opportunities for us haha

 

Also:

http://www.otcmarkets.com/financialReportViewer?symbol=CYNK&id=122455

 

Incredible...the cash flow statement makes no sense (some totals don't even foot), and is that really $39 in assets they have? Too bad it's probably impossible to take any position on something like this, other than slapping anyone who tells you they're long.

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Up 12.5% as of 10:30, who's buying?  ;D

 

Fifty-two week range from 6c to $5.40. That's almost a 10000% return, it's money in the bank.

 

Google finance shows one rogue trade last July for 100 shares at $20.  Damn market orders.

 

couldn't it simply be insiders buying and selling to their friends to manipulate the price?

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Up 12.5% as of 10:30, who's buying?  ;D

 

Fifty-two week range from 6c to $5.40. That's almost a 10000% return, it's money in the bank.

 

Google finance shows one rogue trade last July for 100 shares at $20.  Damn market orders.

 

couldn't it simply be insiders buying and selling to their friends to manipulate the price?

 

I was making a joke.

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Up 12.5% as of 10:30, who's buying?  ;D

 

Fifty-two week range from 6c to $5.40. That's almost a 10000% return, it's money in the bank.

 

Google finance shows one rogue trade last July for 100 shares at $20.  Damn market orders.

 

couldn't it simply be insiders buying and selling to their friends to manipulate the price?

 

I was making a joke.

 

Regardless if it was a joke or not, I asked a question: is it likely that it is insiders that are on one side or the other of all these trades? I was looking for a Y/N answer.....

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Up 12.5% as of 10:30, who's buying?  ;D

 

Fifty-two week range from 6c to $5.40. That's almost a 10000% return, it's money in the bank.

 

Google finance shows one rogue trade last July for 100 shares at $20.  Damn market orders.

 

couldn't it simply be insiders buying and selling to their friends to manipulate the price?

 

I was making a joke.

 

Regardless if it was a joke or not, I asked a question: is it likely that it is insiders that are on one side or the other of all these trades? I was looking for a Y/N answer.....

 

Just to appease you I'll answer a definite, maybe.

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Up 12.5% as of 10:30, who's buying?  ;D

 

Fifty-two week range from 6c to $5.40. That's almost a 10000% return, it's money in the bank.

 

Google finance shows one rogue trade last July for 100 shares at $20.  Damn market orders.

 

couldn't it simply be insiders buying and selling to their friends to manipulate the price?

 

I was making a joke.

 

Regardless if it was a joke or not, I asked a question: is it likely that it is insiders that are on one side or the other of all these trades? I was looking for a Y/N answer.....

 

Just to appease you I'll answer a definite, maybe.

 

Thank you I feel much better.

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More laughs:

 

"Mr. Marlon L. Sanchez is President, CEO, CFO, Secretary, Treasurer & CAO at Cynk Technology Corp. and Partner at Sanchez Medical Services"

 

http://www.4-traders.com/business-leaders/Marlon-Sanchez-0D46SL-E/biography/

 

What do you say guys (and gals)? Seems like an honest Joe. I mean Facebook and LinkedIn are kind of getting boring, maybe he's got a good idea here? I mean he's like a CEO, CFO, and CAO looks like he knows his stuff.

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More laughs:

 

"Mr. Marlon L. Sanchez is President, CEO, CFO, Secretary, Treasurer & CAO at Cynk Technology Corp. and Partner at Sanchez Medical Services"

 

http://www.4-traders.com/business-leaders/Marlon-Sanchez-0D46SL-E/biography/

 

What do you say guys (and gals)? Seems like an honest Joe. I mean Facebook and LinkedIn are kind of getting boring, maybe he's got a good idea here? I mean he's like a CEO, CFO, and CAO looks like he knows his stuff.

CEO, CFO and CAO at the same time???

http://cdn.wegotthiscovered.com/wp-content/uploads/wolf-of-wall-street-02_0.jpg

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More laughs:

 

"Mr. Marlon L. Sanchez is President, CEO, CFO, Secretary, Treasurer & CAO at Cynk Technology Corp. and Partner at Sanchez Medical Services"

 

http://www.4-traders.com/business-leaders/Marlon-Sanchez-0D46SL-E/biography/

 

What do you say guys (and gals)? Seems like an honest Joe. I mean Facebook and LinkedIn are kind of getting boring, maybe he's got a good idea here? I mean he's like a CEO, CFO, and CAO looks like he knows his stuff.

CEO, CFO and CAO at the same time???

http://cdn.wegotthiscovered.com/wp-content/uploads/wolf-of-wall-street-02_0.jpg

 

You can't just make this stuff up, man must be a legend. He's a doctor too apparently.

 

http://www.quickmeme.com/img/75/75b36407ad5678b7a9150525902ca39b57a99b1b492a189d9e34ecc79c6aafdd.jpg

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So the single owner has 70% of the shares. Can he really unload all his shares just based on an excited, unknowing 30% before the whole thing collapses exponentially?

 

Reminds me of a section from reminiscences of a stock operator. Seems like there should be some offshoot of the SEC that protects traders from manipulation like this.

 

 

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