Birdwatch Note Rating
2024-08-10 19:51:54 UTC - NOT_HELPFUL
Rated by Participant: C6DC64E5B82A051CBA2CE856924337A07DFE175D597481A972ABE3A6BF393D93
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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