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From 19 million to 4.5 billion$ in under a month

Discussion in 'BlackHat Lounge' started by jackl, Jul 11, 2014.

  1. jackl

    jackl Regular Member

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    Just saw this story pretty fun, not advertising forbes, but just google it some company stock just went up from 19 million to 4.5 billion$ under a month.
    Obviously a scam it's a 1 man company with the owner having 75% of the assets but my hat off for the guy you got the media rolling.

    Anyone thinking you can't scam your way to riches well here you go :p still enough stupid investors to make money off.

    ''Cynk supposedly operates a social network — one that appears to have no members, no revenue, no assets and only one employee. The stock climbed as much as 49 percent to $21.95 earlier today in over-the-counter trading on volume of more than 380,000 shares before erasing its gain to close down 5.5 percent to $13.90. After closing at 6 cents on May 15 it began its surge with a 3,650 percent jump to $2.25 on June 17.''

    And sorry for the catchy title wish this was a personal story.

    http://www.forbes.com/sites/timwors...sets-no-turnover-and-a-4-5-billion-valuation/
    http://www.news.com.au/finance/mark...lion-within-days/story-e6frfm30-1226985455964
     
  2. SkyrocketSEO

    SkyrocketSEO Jr. VIP Jr. VIP Premium Member

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    Yeah, I was reading the story on TC yesterday. They paid several Twitter accounts covering stocks to tweet about their stock...thing exploded fast and dump is expected soon
     
  3. Asif WILSON Khan

    Asif WILSON Khan Executive VIP Premium Member

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    No shit. This pump and dump is too obvious.
     
  4. Panther28

    Panther28 Elite Member

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    thank god this isn't a journey thread, thats all i'm saying.
     
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  5. Duffers5000

    Duffers5000 Elite Member

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    Damn.......I thought the Big Dog was back !
     
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  6. Asif WILSON Khan

    Asif WILSON Khan Executive VIP Premium Member

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  7. methodman90

    methodman90 BANNED BANNED

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    No wait, are you telling me peoples have invested 4.5bilion under a site which have no function at all as most of pages are with no end? WHY? thats just not possible. I mean in 1 month someone must see their site is broken and unfinished, or for better sayin, just started.
     
  8. jackl

    jackl Regular Member

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    Lol it's a obvious scam/fraud but a well done one :p

    It's a stock so nobody really invested 4.5billion I hope....

    Jealous? I sure am :p
     
  9. Boriss

    Boriss Supreme Member

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    Read this yesterday, very interesting.
     
  10. Commoner

    Commoner Power Member

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    No way to believe, utterly dishonest!

    Very scary
     
  11. jackl

    jackl Regular Member

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    Lol at this reply I don't get it :p
     
  12. ThugWaffle

    ThugWaffle Registered Member

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    The world is a crazy place sometimes O.O
     
  13. ferma231

    ferma231 Elite Member

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    When is he going to jail ?

    Pump and dump isnt really allowed in this world, lets see waht happens with Jordan Belfort wannabie
     
  14. jackl

    jackl Regular Member

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    Well go prove it if he paid off everyone by himself leaving no witnesses and only used pretty anonymous payment methods like bitcoin etc who knows there may never be any hard evidence to convict him even though it's pretty obvious he had to be involved there's no actual proof.

    If you look around there are plenty of sites that use the ''penny stocks'' model of scams trying to inflate prices and pump and dump and they're getting away with it.
     
  15. Asif WILSON Khan

    Asif WILSON Khan Executive VIP Premium Member

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    Well trading has been suspended now.

    http://www.nydailynews.com/news/nat...ading-stock-price-skyrocket-article-1.1863883
    http://cir.ca/news/cynk-technology-soars-in-value
    http://www.scmp.com/news/world/arti...t-worth-usb-stock-regulators-pull-plug-social
     
  16. Sunday Lunch

    Sunday Lunch Junior Member

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  17. thefixer

    thefixer Regular Member

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    talking about huge numbers there...avoid..!! :D
     
  18. turbopugsleylx

    turbopugsleylx Jr. VIP Jr. VIP Premium Member

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    Just goes to show you there is alot of money to be made...even legally...if you think outside the box....