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  • Wall Street Journal Article Omits Facts

    The Wall Street Journal article that the community has been anticipating was released and strategically omits data.

    The article is not very favorable to our community, as expected. Read why we expected this type of article.

    You can read the full article here. (Subscription or trial required)

    The author, Alexander Osipovich, interviewed Community members and left out most of what they said. Anything that would change the narrative that the article took — FINRA saved us and we made a bad decision — was not included.

    Fair Markets Now has prepared a detailed response here.

    The community is reacting in force:

    The @WSJ article by @aosipovich was a forgone conclusion. This “journalist” is merely a puppet to the owner’s and financial backers interest. Had he told the truth, he would have been fired. True investigative journalism looks nothing like this. He had the facts. He simply… pic.twitter.com/dQCYUqyv7W

    — Krucial Mix (@krucialmix) June 7, 2023

    Dear @WSJ

    Your article about $MMTLP says "people who bought into the short-squeeze thesis and spent no time valuing the underlying assets"

    You dispute the idea about widespread naked shorting.

    Did you even look at naked shorting in this specific stock?

    Clearly this is a… pic.twitter.com/KdFaNgBVn9

    — Tony (@tonys_twits) June 7, 2023

    $MMTLP Is it any surprise that the first person to like and retweet this hit piece was none other than @GuFinProf James Angel? Not at all. Notice the incestuous citations in the links below.

    Who pays you more? GTS Securities or the Wall Street Journal? @WSJ

    GTS SEC Comment… https://t.co/2r8PYZvkBT pic.twitter.com/yVcIgtLqLG

    — Kurtis (@bleedblue18) June 7, 2023

    WSJ NEW ARTICLE 🚨 FINRA Chief Legal Officer Robert Colby states:

    "If we hadn't halted trading, we would have had investors rightfully complaining about having been badly hurt” https://t.co/wuYUw0jVJF pic.twitter.com/VbvkeRwHbW

    — X Market News🚨 (@xMarketNews) June 7, 2023
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