Comment by fakedang
3 days ago
Only failed Adani because they misunderstood how deep the Indian government would go to join in the cover-up, instead of actually investigating it.
The Big 4 auditor for Supermicro literally quit, citing concerns. It's the SEC's job to do the investigating (and it's failed badly and likely to fail more with the coming admin).
I wouldn't be surprised if Adani just asked "How much money will you make in your life time?" And just offered the same to close the firm.
He might have offered, but doubt these guys would have taken it up.
There's something different about these short sellers and the typical ones we've had in the past (Soros, Chanos, Ackman, etc.).
Yes, doubtful with the US investigation going on on Adani.