Birdwatch Note Rating
2024-08-10 18:43:41 UTC - NOT_HELPFUL
Rated by Participant: 831EC1D30AB837D18A7B5D2BDD8761905F6E47C626F4CAEBA7AA46F7274EF465
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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