Birdwatch Note Rating
2024-08-10 18:39:25 UTC - NOT_HELPFUL
Rated by Participant: 0FBD32226003ECC5BCC8D99BCEF6385E5B9EDF8301F00A4EF93347FA854CCF7D
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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