I last wrote about Cynk Technology Corp back on July 9 when it was at the “lunatic” price of $9.70. Well thank goodness I couldn’t short it, because it more than doubled shortly thereafter. And then it got halted. You, ummm, probably know what happened next:
Earlier this year, I found out a good friend of mine had a ton of Angie’s List stock (a seriously large amount). I normally refrain from giving advice to anyone one-on-one, even friends, but I urged him to get rid of it. He reminded me of this last night, when he sent me this snippet of one of my emails I sent him last February, (obscenity politely redacted):
I actually have thought Angie’s List was a
bullshit company. I wrote a scathing post about them in December. I think they’re going to be a single digit stock, perhaps even before the year is out.
Well, the market hasn’t opened yet, but I’ve marked with an arrow where the bid/ask currently is:
The same friend wrote me this morning to shared with me this information from ANGI’s earnings release, which, ummm, kind of explains the problem:
Last Thursday, when our bullish friends were circle-jerking each other off into a lifetime high bukkake-fest, the shrill giggles, nipple-twisting, and antique-shopping of the Men Who Love To Buy Stocks was in full swing-a-ling-a-ding-dong. My conclusion about the import of briefly crossing into 17,000+ territory? Simple: BFD.
I’m speechless. Just speechless.
I present to you: Entrepreneur Barbie. This is not a joke. (“Entering the entrepreneurial world, this independent professional is ready for the next big pitch. Barbie Entrepreneur doll wears a sophisticated dress in signature pink that features modern color blocking and a sleek silhouette. Her “smartphone,” tablet and briefcase are always by her side”) (more…)
Oh, this is scary – - and too, too funny. Right on the heels of my post yesterday, none other than Elliott Wave International is bragging via Twitter about…………their LONG plays! Sentiment is now 100%, people.