The Weirdest Steve Job Rumor yet

This is not a story about Steve Jobs or Apple (AAPL).

Palluxo

It’s not even a story about a Steve Jobs rumor.

It’s a story about a nasty piece of work called Palluxo Media, based in Vancouver, B.C., that just stooped to a new low.

As an online news outlet, Palluxo.com is all over the lot. Its current crop of stories includes pieces about Jewish and Bosnian genocides, Cuban spies, an Acapulco drug shootout and a David Carradine forensic photo.

But it also bills itself as Canada’s “Mac Dose of All Things Apple,” and that’s how it caught my attention last February, offering dubious investment advice (”it’s highly likely that the stock’s best days are over”) just before Apple began a 40-plus point march from $99 a share to more than $140.

“You fell for Palluxo?,” wrote “cynyc” — one of my regular readers — when I cited that quote as an attempt to spread FUD (fear, uncertainty and doubt) about Apple. “That site only exists to promote the agenda of Apple shorts [speculators betting that the stock will go down].”

I thought my reader was being overly cynical, but the recent history of Palluxo’s Steve Jobs coverage suggests he may be onto something. Continue reading “The Weirdest Steve Job Rumor yet”