Comment by bboygravity
3 days ago
Here I was thinking Hindenberg was part of the problem and you seem to think the opposite?
To me they seemed like partners of shorting hedge funds (similar to CNBC) who just spit out bs articles so their hedgie friends can trade on it.
DOJ seems to agree with me?
https://www.forbes.com/sites/sergeiklebnikov/2022/02/16/doj-...
There are more and better sources.
Not to take a position on those particular accusations but a problem with activist shorting in general is the people running the companies in question are often pissed of and aggressive and will try to take legal and PR action against the shorters.
That article says nothing that suggests Hindenburg is "part of the problem", only that they had received requests for information in line with an investigation.