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They are some of the only ones I trust to actually discover and report fraud in the market. They have a direct stake on being correct and presenting irrefutable
by hazmazlaz 3y ago
They are some of the only ones I trust to actually discover and report fraud in the market. They have a direct stake on being correct and presenting irrefutable evidence of their claims, because if they are wrong they lose tons of money on their short bets. If they are correct they profit from their short bets and wrongdoing is exposed and punished. How is that contributing nothing to the world? Your whole comment is suspect. Who do you work for?
- oyster143 3y agoThey only need the share price to drop significantly in short term. I assume they can close their position pretty quickly depending on how market moves. Look at the Adani Group, share price has recovered significantly since Hindenburg report.