Was the Bogus ICOA Press Release Actually a Clever Stock Scam?

Earlier today, a press release was floating around that claimed Google had bought Wi-Fi hotspot company ICOA for $400 million dollars. It was bogus but a lot of us bought it. So what gives? Why would someone do this? Probably to make a killing on stocks. More »

Source: http://feeds.gawker.com/~r/gizmodo/full/~3/SBLfv2Jt660/was-the-bogus-icoa-press-release-actually-a-clever-stock-scam

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