Birdwatch Note Rating
2024-08-11 01:35:36 UTC - HELPFUL
Rated by Participant: 9F302301AA861AF273C7374071B196E15C59A152B585A7F30A6745D1D5236EC0
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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