Birdwatch Note Rating
2024-08-11 03:22:44 UTC - NOT_HELPFUL
Rated by Participant: D5A794BD3C7C46BAE418536ED06A8B871D8FBC6E65A43DF4AA578D3CC6D45810
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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