Thursday, July 10, 2014

In Cynk

Looks like today will be a fasten the seat belts type of day. This is shaping up to me one of my worst weeks in quite a while. I define lay have added too much risk at the wrong time and took off my hedge of TZA at exactly the wrong time.  Not the end of the world, but I do feel like kicking myself.

Has anyone been following this stock "CYNK"? In the past two months it has gone for 6 cents to $14.71. It does make you wonder what people are thinking. While I admittedly speculate some, the majority of what I do is invest. CYNK is speculation beyond speculation. It seems like we are seeing more and more of that (gpro is another great example).

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