FYI - the FinTwitter account is still sourcing posts from FirstSquawk, a mumbai-based X account that definitely regularly makes up news
If you rely on it because it's sometimes right, you'll end up ingesting some volume of bullshit, too
RE: https://bsky.app/profile/did:plc:4usmserhjqkvhldgedfjb3jw/post/3m7npud64pk2rIt is definitely not just bloomberg terminal headlines and I know this outdated of me to say but maybe having some sort of standards here for what we consume matters?
I got roasted for this post but I maintain my point that the attitude on X of having Lots Of News instead of meaningful news is bad
RE: https://bsky.app/profile/did:plc:66lbtw2porscqpmair6mir37/post/3mgnr7h5a3k2fI include the Mitsubishi gas post in particular because (a) I cannot verify that 'news' with any other source and (b) gosh, there's a lot of activity around Mitsubishi gas stocks, what could that mean, it's a mystery
www.marketsmojo.com/news/stocks-...Mitsubishi Gas Chemical Hits D...
Mitsubishi Gas Chemical Hits Day High with Strong 518 Intraday Surge
Mitsubishi Gas Chemical Co Inc has seen significant gains today reaching an intraday high while outperforming the Nikkei 225 over the past year Despite impressive longterm growth the company faces shortterm challenges including recent declines It operates in the specialty chemicals sector with notable financial metrics
This is just a flat-out fabrication (AI slop butchering WaPo article), and the post bluesky has tens of quotes and responses as if it's real news
You don't need to cosplay as a trader jacked into a colourful bloomberg keyboard and 700 screens guys, just rely on information that has sources. FFS
Ketan Joshi
