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This one will be epic fight.
Hindenburg has to be super confident to do this.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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One shot pony vs Gangster Icahn.
Hope Icahn finish off the One shot pony
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(06-05-2023, 12:31 PM)Niubee Wrote: One shot pony vs Gangster Icahn.
Hope Icahn finish off the One shot pony
Hindenburg guy is brilliant if you read his report you will learn all sorts of financial forensics.....Great stuff.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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Based on report the NAV is inflated by 300% vs stock. This means stock is worth only $13.
After the report release stock plunged 40% before rebounding.
Value investors like Munger often said there are so many such companies with bad accounting its a minefield to avoid.
Hindenburg is finding such companies instead of avoid them they short then expose them
![[Image: zfRuHC2.jpg]](https://i.imgur.com/zfRuHC2.jpg)
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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