Birdwatch Note Rating
2024-08-11 11:39:58 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 96393F4C7B2F2C6FF7062B5302EB03F1328F47F657019A063B4E5DD759DFEC96
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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