Birdwatch Note Rating
2024-08-10 20:04:26 UTC - HELPFUL
Rated by Participant: 5F9DF29413BEFB44E21A4994DCD33C531BC0B31A3D2A470AB0283D7BDD1FDE10
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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