Birdwatch Note Rating
2024-08-10 17:02:04 UTC - SOMEWHAT_HELPFUL
Rated by Participant: D71246BCAC75969A64FD7B71BB45F8A43EDE1B4CDA58751C778DE0231E4F4025
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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