Birdwatch Note Rating
2024-08-10 17:56:24 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 137BA26F1CE395902D108AD779C7FD38BDEAD75399DA1DDF4713C7D90691D3AD
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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