For your information Hindenburg is banned by US mkt regulators from making any reports on any US listed entities due to his controversial reports in the past from which he made money. So now he was trying to make money thru shorting in F&O of Indian listed entities.
U.S. District Judge Paul Engelmayer of Manhattan says courts shouldn't believe everything they read in shareholder class actions — especially when allegations are based on reports from short sellers.
Short sellers are not unbiased narrators, Engelmayer said in a ruling on Monday in a securities fraud class action against sports betting company DraftKings Inc. When they publish damning revelations about publicly traded companies, the judge noted, it's usually because they are hoping to drive down the company's share price so they can cover their bets.
Hindenburg report on Adani has caused a lot of upheveal in the market. Money market or stock market every news has a snow ball effect.
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Simply superb revealation and that too looks and sounds credible through the video. Trust how many eunuchs /travertine/transgenders out to take on one man? Really can’t believe it.
Chanakya once quoted that if the entire opposition gets together that is an indication that the king is right !have patience and go thru the video till the last . It makes very interesting listening and informative on the ongoing crisis !
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