Birdwatch Note Rating
2024-08-10 17:30:57 UTC - NOT_HELPFUL
Rated by Participant: 8EC1E9FAC4432ABDD435D8D28002BA33DDB59A28830CEEBF8D41AB4BE4648E68
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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