Birdwatch Note Rating
2024-08-10 20:12:54 UTC - NOT_HELPFUL
Rated by Participant: 8F9526454A75128A7B9521B4B0B003D67A376B3C29CEFD716733D14DE2C538C9
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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