Linked by Thom Holwerda on Sat 4th Oct 2008 21:12 UTC
If you're looking for a party, Wall Street probably isn't the place you're going to find one. And to make matters worse, there are apparently people out there who are wilfully trying to make the life of the people on Wall Street (and subsequently, the rest of the world) even harder. By making up fake stories. And publish them on CNN's Digg - iReport.com. Some individual had posted a fake report last Friday, claiming Steve Jobs had suffered from a heart attack and was rushed into the hospital. As a result, Apple's stock made a 10% nosedive.
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Member since:
2005-07-24
And if this event has brought the situation to the fore, then *that* is a very *valid* reason for a *sustained* drop in stock price.
Edited 2008-10-05 02:13 UTC