Thursday, 17 May 2007

Engadget To Be Investigated For $535,000,000 Stock Price Manipulation

Earlier today someone sent a fake Apple e-mail to Engadget stating the iPhone was to be delayed until October. Within minutes someone dumped five million shares of AAPL (guess hedge fund managers subscribe to the Engadget RSS feed) anyways, this screwed over share holders whom had short positions, and let certain funds get in as low as $103.42.



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