Birdwatch Note Rating
2024-08-10 18:09:42 UTC - HELPFUL
Rated by Participant: 6F3886D23D6F0CFF48231BDAF40179E8D16E59566BFA3F505CD289C1BD0C5F2E
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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