Bloomberg News

Cynk Fiasco Cost Me My Job: Wall Street Trader

July 15, 2014

July 15 (Bloomberg) -- A Wall Street trader said Cynk’s 36,000 percent stock surge cost him his job, and he blames a short squeeze and regulators who didn’t halt the shares before the company’s value shot past $6 billion. Former Buckman Buckman and Reid Trader Tom Laresca and Bloomberg’s Zeke Faux discuss on “Taking Stock.” (Source: Bloomberg)

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