Birdwatch Note Rating
2024-08-10 18:28:14 UTC - NOT_HELPFUL
Rated by Participant: 5AFAFB9E3D06D880688F14746BA6F4AD6BE9DD32474C3C6CC8E4571A9DFB0ED3
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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