September 11, 2008
This can be gamed

The Google News/United Airlines sell off sounds more and more like an easily doable, virtually anonymous way to make a lot of money. If all it takes to promote an enormous drop in a highly liquid stock is a large number of clicks on an article in a regional newspaper's website, then the information ecosystem around the stock market is just too porous and dispersed for anyone to effectively control.

One wonders if the original website clicker later bought United stock.

Posted by Claus at September 11, 2008 12:32 PM | TrackBack (0)
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