this post was submitted on 24 Jan 2024
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[–] [email protected] 63 points 10 months ago (2 children)

Hindenburg is an investment firm that researches publicly-traded companies and shorts their stocks if they find sufficient evidence of investor fraud before releasing its report.

What a wild business plan. I'm amazed it's legal.

[–] [email protected] 37 points 10 months ago (1 children)

It's kinda scummy to manipulate the market as such, but it's much more scummy to partake in the fraud.

[–] DScratch 31 points 10 months ago (1 children)

They're like the anti-hero of this story.

[–] [email protected] 7 points 10 months ago

Hilarious name too, honestly.

The Crash n' Burn Bois

[–] [email protected] 5 points 10 months ago

Short sellers provide benefit to society by finding and shaming doomed businesses so they fail faster and don’t suck up as many resources.

They also have a proud history of uncovering outright fraud.

In business, the people complaining loudest about short sellers are emperors with no clothes.