Actually the people who bought at .01 got screwed; when the buy at .01 gets cancelled then you are suddenly in a short position if you've already sold the shares, and you'll have to cover.
An article full of children's words: 'Lost', 'Won', 'Players', 'Game', ..<p>Nobody will ever convince me that everything is alright with this type of trading, where lottery-style winnings are praised. It's not even about being a shareholder in a company you identify with, it's just about gambling at high stakes. It just shouldn't be this easy to make or lose money. It's the same disregard of reality that caused the investment banks to tumble.<p>How will we ever get back to sane investments with good intent for the businesses in question?
I can't wait for the law suits over this, at lot of money has been lost and it is (assuming no faul play on the parts of investers) clearly because of the exchanges.