Hindenburg Research Report: US-based short seller Hindenburg Research posted a post on Elon Musk-owned X on Saturday (August 09) morning, which hinted at another big revelation related to the Indian company. The message read, “Something big is going to happen in India soon.” After this, there was a flood of reactions on social media and people had a lot of fun.
Earlier, Hindenburg Research had presented a report on Adani Group in January 2023, after which the group’s shares fell by $86 million. As a result, Adani’s bonds were sold abroad and the group came under intense scrutiny. People fiercely surrounded Hindenburg on social media regarding the latest post.
Social media reaction to Hindenburg Research’s post
Reacting to this, a user wrote, “You have lost your credibility and nobody cares.” A user named Ashish Anand wrote, “Rahul Gandhi and his team are trying their best to trouble India because this man is hungry and he wants power at any cost. No cost matters to him.”
At the same time, a user named Samira wrote, “Hindenburg’s simple business strategy – first sell the shares of a company, then publish a fake report on that company. When the company’s shares start falling, book profits. Repeat the same strategy with another company. But I don’t think this is possible now. Adani has badly destroyed Hindenburg’s reputation.”
‘Leave India and focus elsewhere’
One user wrote, “Nobody cares about this. Focus your attention elsewhere and leave India.” A handle named Being Political wrote, “George Soros and his gang are making money from short selling and investing that money in Indian opposition party to destabilize India.”
A user named Yeti Sharma wrote, “Yes, the Waqf Board is over. NRC is coming soon and there are protests going on to expel all Bangladeshis present inside India.”