Not really. The idea of doing the research is you can get into a short position cheaply. You then announce it, and the stock likely drops. This raises the price

Not really. The idea of doing the research is you can get into a short position cheaply. You then announce it, and the stock likely drops. This raises the price of a short position. Before the short is announced, the research is private information. Once it is announced, everyone knows about it, and so much of the profit potential is gone. There’s still some profit potential to following them, but it is much riskier. The only real way to benefit from this would be to do your own research.