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Trustpilot Stock Tanks On Grizzly Research’s Allegations Of Reviews Extortion

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Jacob Wolinsky
Published on
Updated on
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Short report on Trustpilot Group PLC (OTCMKTS: TRTPF) by Siegfried Eggert of Grizzly Research - this report alleges that the reviews system is gamed, but more damning are the allegations that Trustpilot staff is on on the act. The stock has tanked on this report and was down 35% in today's trading, closing at $2.00.

See the report below:

Also see Siegfried Eggert: This Crypto/EV/CBD stock is a “perpetual pump and dump maniac”

  • Trustpilot is a third-party review site that generates revenue by selling premium memberships to businesses. Our research uncovers mafia-style extortion campaigns against non-paying businesses.
  • According to our investigation, Trustpilot creates unsolicited review profiles for all kinds of businesses with the intention to attract hyper-negative reviews and force these...

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Jacob Wolinsky is the ex-Founder of Valuewalk.com (founded 2011, sold 2023). He is founder of HedgeFundAlpha (formerly ValueWalk Premium), a hedge fund focused intelligence service for institutional investors. Prior to founding Valuewalk, Jacob covered small caps, worked recruiting members for a large hedge fund community and freelance financial journalism. Jacob lives with his wife and five kids in Passaic Park NJ. - Email: jacob(at)hedgefundalpha.com. For confidential inquires email me for my Signal ID. Other methods of secure communication are also available. FD: Most of my portfolio is in I mostly purchase broad-based ETFs, mutual funds or individual bonds - I do this for performance reasons and to avoid any potential conflict of interest or occasional receipt of insider information. I will disclose if I have a stake in any company, but in general I have few stocks and I avoid any trading especially around topics I am covering.