Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I have long warned that the business model of Trustpilot (TRST) is just not sustainable and that this will all end in share price tears. Quite simply its reviews are too often bent but as it bats for paying corporate customers the mugs who read the site can get screwed and, in the end, will stop using it. It seems I am not howling in the wind alone. A new bear dossier is out thus morning. Enjoy...
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