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Engadget involved in apple stock incident (may 16th)

minus_273 (174041) writes | more than 7 years ago

Technology (Apple) 0

Today, May 16th around noon, popular AOL gadget blog engadget posted a blog entry about the iphone and leopard being delayed until October. This was based on an internal apple email that was leaked to them. At the same time apple's stock took a tumble dropping $5 immediately . The email was a fake. No one knows who, h

Today, May 16th around noon, popular AOL gadget blog engadget posted a blog entry about the iphone and leopard being delayed until October. This was based on an internal apple email that was leaked to them. At the same time apple's stock took a tumble dropping $5 immediately . The email was a fake. No one knows who, how or why the fake email was sent out but one poster on the blog points out that someone dumped 5 million shares around the same time. The WSJ is also covering the story. This looks like a stock scam happening in real time on the blogosphere.

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