History of Hindenburg Reports, Who Gave Report On #AdaniGroup
In 2020 They Issued 3 Reports:
🧵A Thread On The Same
1. Nikola Corp
They Said, Nikola’s business is not doing good and high chances that they may not execute as per plans
Nikola shares fell 80-90% from that levels
2. Wins Finance
A Chinese small business lender listed on Nasdaq. They said things are not looking in-line and after some months. It’s Chinese subsidiary and it’s patent both went Bankrupt and Wins Finance Got Delisted From Nasdaq Stock Exchanges 😳
3. Genius Brand International
A Entertainment Co trading at 6 USD. They said it’s richly valued and can be 1.5 USD (75% Downfall). It happened in just next 3 months 😇
These track record cannot be taken lightly. Although the market cap of Adani group Vs the other 3 companies mentioned above is not comparable size wise.
But we shouldn’t ignore the best in class research track record of Hindenburg. Be cautious and decide yourself
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