No this is NOT wrong information. There is no possible way that loctite can fix a LOOSE bearing, one that is loose enough to "feel" loose. The load on that bearing is TREMENDOUS. Every bump you hit is a severe impact on that race. It MUST have a machined precision land to rest against and to support it and keep it "round". The bearing race is not strong within itself. It was never designed to "bridge" a load.
This is like fixing a sagging roof with cardboard boxes, I do not care what loctite claims