Birdwatch Note Rating
2024-08-10 17:09:12 UTC - HELPFUL
Rated by Participant: 6EFF7354DF3AD54CC167EABFEEDE75AF3F602F0F04B623CCB0EA46F198E49F73
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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