Twitter Inc (TWTR)

[LottoLuck]

Here's what's going on.

The following is an excerpt from:
http://www.marketwatch.com/story/fake-news-fraudsters-find-new-ways-to-trick-traders-2017-04-12

FAKE NEWS

The alleged scheme the SEC revealed Monday is not the only way scammers seek to trick traders (and their algorithms) into doing their bidding. They have also been known to post completely fake news on bogus sites that mimic the real thing.

For instance, a site mocked up to look like Bloomberg.com with a similar URL was used to spread news in 2015 of a $31 billion takeover bid for Twitter Inc. While Bloomberg News quickly debunked the article, Twitter stock surged immediately after the story made the rounds, giving anyone prepared for it the opportunity to sell shares at an elevated price.

The approach of mimicking the look, feel and addresses of real news sites to trick readers into believing inaccurate content has progressed since that type of early attempt, and was used repeatedly by fraudsters in the 2016 presidential election, popularizing the term “fake news.”