With the VP debate over now, it’s time to focus on more important things, like citizen journalism (CJ).

You’ve probably heard that Steve Jobs did not have a heart attack today, even though one person posted to that effect on CNN’s iReport CJ community.

But check this out via Silcon Valley Insider:

“Citizen journalism” apparently just failed its first significant test. A CNN iReport poster reported this morning that Steve Jobs had been rushed to the ER after a severe heart attack. Fortunately, it appears the story was false. We contacted an Apple spokeswoman, who categorically denied it.

CJ failed its first significant test? Really? This was the first ever test?

All of the CJ done around the elections so far have been a failure? Who is the judge of what’s a test and what’s success? Why does there have to be a test in the first place? I really resent this assertion.

People lie, play pranks and do stupid stuff all the time. I don’t excuse the person responsible and understand there were implications on the stock price, but condemning all CJ by this example is worse than the incident itself.

With MSM’s dislike of CJ, it’s unfortunate that CNN and it’s href=”iReport will become the story.

With that said, are there other examples of CJ affecting a stock price? Would love to hear them.