Birdwatch Note Rating
2024-08-10 18:44:25 UTC - NOT_HELPFUL
Rated by Participant: 05EF2B11B3085E436ECC4EA85A369A2521BB2F7904B6E072D234DB037F135218
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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