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UAL bankrupt...rumor!

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Watching the news...."United stock trading halted"
 
Trading halted on UAL

All airline stocks are lower. Oil is up on Ike and calls by some OPEC members to cut production.
 
A four year old article was accidentally recycled on the Chicago Tribune website. This according to CNBC. UAL stock trading has been halted and the stock sits at $ .01
 
<IMG class=pixelTracking height=1 width=1 border=0>UAUA 0.01, -12.29, -99.9%) shares were halted Monday following rumors that the airline holding company was filing for bankruptcy, a rumor UAL said was completely untrue. An old news item on United Airlines seeking bankruptcy inadvertently resurfaced on a Web site, triggering a sell-off that wiped out 99% of the company's share price, CNBC reported. Shares of UAL last traded at a penny a share, down 99.9%
 
Not good news either way:


NEW YORK (MarketWatch) -- UAL Corp. (UAUA:
ual corp com new
News, chart, profile, more
Last: 0.01-12.29-99.92%
11:07am 09/08/2008
Delayed quote data
UAUA 0.01, -12.29, -99.9%) shares were halted Monday following rumors that the airline holding company was filing for bankruptcy, a rumor UAL said was completely untrue. An old news item on United Airlines seeking bankruptcy inadvertently resurfaced on a Web site, triggering a sell-off that wiped out 99% of the company's share price, CNBC reported. Shares of UAL last traded at a penny a share, down 99.9%.
 
somebody just lost a ton of money and somebody else is gonna double their money pretty quickly if these rumors are proved untrue. All on a rumor!
 

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