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I have made the decision to disband Hindenburg Research

hindenburgresearch.com

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Re: I have made the decision to disband Hindenburg Research

#221

Post by tonetegeatinst »

Scoundreller wrote: post #205
tombert wrote: post #186

Earlier quoted context omitted.

This doesn’t surprise me in the slightest. Most of my investing is just in passive S&P index funds, but I do occasionally buy individual shares. Sometimes I make decent money, sometimes I lose money…turns out I consistently do worse than the S&P long term. I treat buying individual shares as yuppie gambling at this point. It can be fun, but it’s usually a bad strategy.

> I treat buying individual shares as yuppie gambling at this point. It can be fun, but it’s usually a bad strategy. Naw, that's boomer gambling. Options are yuppie gambling.

I thought that was shorting biotech stock days before clinical trial results get announced?

Re: I have made the decision to disband Hindenburg Research

#222

Post by locallost »

Andrew Left of Citron got indicted last summer for securities fraud (shorting, settling to cash in in the gains, and lying that he's still short). My first reaction was are they bailing before someone starts sniffing around, but have to say either the author is a total sociopath or he's sincerely just ready for something else in his life. Which I can understand.

Re: I have made the decision to disband Hindenburg Research

#224

Post by rachofsunshine »

gmd63 wrote: post #59

I've ironically lost more money the more closely I've paid attention to my investments because I was naively confident in the market's ability (or as I've come to suspect, willingness) to react to evidence of fraud. The amount of deceit put out into the world and gobbled up, on purpose, in business is obscene and seriously depressing. The magnitude of damage to psyches and thus economies that anyone acting in a fraud…

This sort of thing is part of my personal motivation for getting into business. Lying is so rampant, so universal, so quietly accepted by everyone in a position of even mild power in business that it's easy to take for granted that you simply cannot succeed without it. I wanted to know if that was actually true - so far, it doesn't seem to be. But I don't blame people for worrying that it might be. People in positions of high power almost universally suck, and "just copy whatever really successful people do" is far from the worst strategy one can use in life.

(As always, you should trust what a founder says publicly about their company approximately not at all. If you want the answer for yourself, you gotta do it yourself, because you only know if you're lying or not. But I have my answer, I think.)

Re: I have made the decision to disband Hindenburg Research

#225

Post by Koffiepoeder »

tonetegeatinst wrote: post #221
Scoundreller wrote: post #205

Earlier quoted context omitted.

> I treat buying individual shares as yuppie gambling at this point. It can be fun, but it’s usually a bad strategy. Naw, that's boomer gambling. Options are yuppie gambling.

I thought that was shorting biotech stock days before clinical trial results get announced?

For extra flavour, also invest solely using loaned money, preferably a student loan that never goes away!

Re: I have made the decision to disband Hindenburg Research

#226

Post by baq »

pclmulqdq wrote: post #169
whatshisface wrote: post #132

Earlier quoted context omitted.

If you are the only person who thinks that it might fail, one cent put options will be free and you can buy them until the price hits zero, and then you can make a cent. For example, the opportunity to sell $TSLA for $180 in one month costs about thirty cents right now. Keeping this up for ten years would cost $36.

Put options are worthless once the price of a stock hits $0. At that point, the stock will be frozen and/or de-listed and your ability to exercise your put will be gone.

There are otc buyers for these, but they probably won’t look at $36

Re: I have made the decision to disband Hindenburg Research

#227

Post by baq »

_yb2s wrote: post #117
encoderer wrote: post #107

Earlier quoted context omitted.

You can short USD by buying Bitcoin or a similar non-correlated asset but how could buying a usd correlated asset (TSLA) be shorting?

Stocks are generally not considered tied to currency- if the company has some fundamental value, that should be inflation proof. So technically buying almost any stock can be a way of shorting the USD in that you are selling it now and will buy it back later. The risk - besides that of the company itself- I suppose is that if you have massive deflation you will end up with less USD. I don’t think anyone is worried ab…

Stocks have been a great inflation hedge in the long term since they’re usually backed by hard assets and people, not numbers in computers. Short term obviously some businesses are hurt by inflation and some benefit.

Re: I have made the decision to disband Hindenburg Research

#228

Post by adastra22 »

CyberDildonics wrote: post #31
paxys wrote: post #30

Getting out while they are ahead is a smart move, especially considering multiple governments have started to take a closer look at their shorting tactics.

Their "shorting tactics" ? You mean doing extensive well sourced research that convinces other people that their position is correct?

They interview people involved with these companies, then based on these interviews write report that is privately distributed and take out coordinated short positions.

That’s almost the definition of insider trading. Almost. Now afaik what they are doing is nominally above board, but they are walking a very fine line.

In less than a week a president will take power whose chief advisor has a really big grudge against short sellers.

Getting out now is on point for Hindenburg.

Re: I have made the decision to disband Hindenburg Research

#229

Post by baq »

manquer wrote: post #167
bruce511 wrote: post #139

Earlier quoted context omitted.

People don't invest because they think a company is competent. They invest because they are looking for a return. The mistake CrowdStrike made will likely have little to no effect on their revenue. Since the stock dropped a bit (emotional investors getting out) it became a good value proposition, so people bought it cheap. The reasons companies use CrowdStrike haven't gone away. Existing contracts can't just be termi…

There are consequences, with significant financial impact, not necessarily world ending for them. There are already lawsuits filed around this incident. If a court sides with the customers or if CrowdStrike settles them, it will not be cheap. Even if they don't end up loosing or settling, the lawyers will not be cheap with so many suits , I don't think there is a major class action, every contract is unique after all…

Lawsuits will take years by which time the company will either be gone or swimming in cash.

Re: I have made the decision to disband Hindenburg Research

#230

Post by baq »

Jimmc414 wrote: post #77

"just feeling like it" seems insufficient explanation for dismantling a successful organization rather than transitioning it they just completed their "pipeline of ideas" with "the last Ponzi cases" - seems like a surprisingly clean and abrupt end for an investigative organization the team members are "brilliant" and "family to me" but heis disbanding rather than transitioning leadership He mentions some team members…

There’s a promise at the end, we’ll see if it’s kept.
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