UAUA falls on OLD banktruptcy news ???

Can you imagine UAUA stock dropped from $12 to $3 in a matter of few seconds? I was watching this stock intraday and was shocked to see the reaction. This was my favorite anti-oil play for few months now and it gives you jitters to see such reactions.

Finally found that some stupid age-old bankrupt news leaked out. This just seems to be a play to get shares for cheap. The stock was halted and then reopened at $11. That is a cool 4x return for all those who picked it up at $3. Just unbelievable...Read the following news....looks like a 2002 news came out....How come ??? Doesn't make sense.
I am going to stay away from all airlines.

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News here:
"The story was related to United's 2002 bankruptcy filing, and United has demanded a retraction from the Sun-Sentinel and is launching an investigation," the Chicago-based carrier said in a statement.

Tribune said its preliminary investigation into the situation has revealed that "no story appeared today or over the weekend on the Sun-Sentinel Web site or any Tribune Web site regarding United Airlines' filing for bankruptcy."

The story archived on the Sun-Sentinel's Web site contains "information that would clearly lead a reader to the conclusion that it was related to events in 2002," Tribune said. "In addition, the comments posted along with the story are dated 2002."
Source: Market watch