The SEC halted trading in CYNK Technology Corp (OTCMKTS:CYNK) earlier today on the back of speculation that the stock was part of some kind of illegal activity. The stock attracted attention in recent days after it rose in value by more than 240 times in the last month. The company is apparently some kind of social network, but there's no real proof that it does anything at all, and it certainly doesn't have any revenue.
A statement from the Securities and Exchange Commission said that trading was halted "because of concerns regarding the accuracy and adequacy of information in the marketplace and potentially manipulative transactions in Cynk's common stock." The type...
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