Originally Posted by
Short Bus Drive
I signed on to Skynet this morning after I heard, and it did have it at $0.01 on the homepage.
After I posted my confusion, a new story came out that a trade did occur on the CBOE for $.01 but that trade was busted. The $3.00 was the low of the 'traditionally' traded UAUA stock
A single trade for one penny on the CBOE Stock Exchange was later reversed. Nasdaq said the trades made during the 13 minutes when the shares were falling in earnest would stand, and that the decision could not be appealed.
from
United blames bankruptcy rumor on old story - Aviation - MSNBC.com