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If anyone missed it, Hindenburg Research's piece on Nikola is an entertaining read: https://hindenburgresearch.com/nikola/ https://hindenburgresearch.com/nikol

• Thorrez 6y ago
  > Hindenburg Research Is their company dedicated to watching/causing others to go up in flames?
  • shoo 6y ago
    Well, they're activist short sellers. So in the worst case they're destroying capitalism by crafting and broadcasting carefully designed payloads of viral misinformation to portray the efforts of innocent companies in the worst possible light, in order to influence market opinion and drive down the share price to profit from short positions. In the best case, they're aiming to profit from short positions by doing the hard investigative work of discovering fraud, helping the market more efficiently arrive at fair prices for fraudulent or otherwise over-valued stocks, and helping unsuspecting investors avoid ruining their plans to retire by trading hard-earn cash for worthless stock based on lies from company management / stock promoters.