Franklin, Andrews, Kramer & Edelstein

[BullNBear52]

Party's over. Halted this morning.

Penny stock CYNK Technology shares halted in premarket trading
CNBC.com staff | @CNBC
25 Mins Ago

CYNK Technology, the mysterious over-the-counter stock that ran from a few cents to over $21 in a month, has been halted for trading.

Trading in the stock was halted at 8 a.m. EDT by the Financial Industry Regulatory Authority for an "extraordinary event," according to the OTC Bulletin Board.

The company has one recorded employee and only a few dollars of assets.


A representative from FINRA was not immediately available for comment on the trading halt.

From its peak at over $21 yesterday, CYNK's stock has fallen to about $14.

For more on CYNK, click here.

This story is developing. Please check back for further updates.

http://www.cnbc.com/id/101826786?__source=yahoo%7cfinance%7cheadline%7cheadline%7cstory&par=yahoo&doc=101826786