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Stop using Opera Browser and Opera GX (www.spacebar.news)
submitted 2 years ago by to c/technology@lemmy.world
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[–] 63 points 2 years ago (4 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.

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  • [–] 37 points 2 years ago (2 children)

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

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  • [–] 5 points 2 years 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.

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