Birdwatch Note Rating
2024-08-10 17:15:53 UTC - HELPFUL
Rated by Participant: 0463F8B95C0BA3F2D28F87AFCF7526F76C09D7D427A7C0E9E40D98353491C03D
Participant Details
Original Note:
Hindenburg, which has the backing of several investors, also makes financial bets that the stocks of the companies Mr. Anderson is targeting will fall after the firm issues its research. When the stocks do fall, Hindenburg makes its money in what is called a “short” trade https://www.nytimes.com/2021/08/16/business/short-seller-wall-street-scams-hindenburg.html
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