Why Is Hindenburg Research Shutting Down? | Is Gautam Adani Smiling Now? https://www.youtube.com/watch?v=nfxR9aybeNA | Akash Banerjee
The Deshbhakt Why did Nate Anderson decide to shutter Hindenburg Research ??? Over the last few years Anderson built a solid reputation as a feared (and profitable) short seller with an 80% success rate.
Was it pressure or some other factor? Who stands to win from this shutdown?
Some excerpts:
In India, it is considered as the victory of Adani and the defeat of Anderson. But the fact is that the problems of Adani have increased many times than the Hindenburg research. Nate Anderson says that he will release all the material in the public domain, which he used to identify companies with fraud and illegal practices investigate them and short their stocks.
Hindenburg Research is coming to an end but people looking for fraud companies and short sellers will not. But why short selling? Many people are surprised to hear that in matured stock markets like America short selling is neither illegal nor banned. Short-sellers like Nate Anderson are respected and feared.
In their report, Anderson called Adani largest con in corporate history. Are they fighting for truth? Are they satyagrahis? Are they soldiers of truth?
Nate Anderson is not an activist or a crusader. Not at all
So, how did Hindenburg fail in Adani? Was their information wrong? Or was it a hit job of Soros?
..Nate Anderson underestimated the power of paupau in his mathematical calculations. Adani had taken loans from the market. And generally, when the share is short, the company's loan default is high. But Adani has so many businesses that generate steady cash, so they didn't default their loan. And these companies Adani have do not have competition. Like ports, airports
Number two, it's even more difficult to short Adani shares Because the Free float shares are less and Adani family did not sell the remaining shares. Shorting was not profitable.
3. Adani effect is more powerful than Hindenburg effect. Damage is controlled, institutions are controlled, media is managed.
4. Adani group has been accused of improperly using offshore tax havens and money route. SEBI was accused of not investigating properly. But since the opposition is so weak, this issue could not be raised. This issue could not be raised in front of public. JPC was asked for this issue, but BJP government did not agree. The matter was suppressed.
Now Adani's shares are up today. But Gautam Adani is still not smiling. Gautam Adani is hopeful that he will get some relief after Trump's arrival.
The ghost of Hindenburg can come back anytime. Investigation has not happened properly due to weak opposition. Sebi chairperson Madhabi Buch and husband Dhaval Buch's offshore investment in firms linked to Adani Group. Hindenburg's allegation is that Sebi's oversight on Adani Group was not done due to the connection.