Pindenburg research has another target in its sights. You're listening to

Motley Fool Money. I'm Ricky Morve, joined today by Jim Gillies.

Jim, good to see you.

Good to be seen Ricky.

So we've got when Hindenburg research goes after a company a lot of people pay attention

but I'm not going to assume all of the

listeners are familiar with this short-selling firm and why we would care so much

about it why is Hindenburg particularly worth listening to why is it worth investors attention?

Well, as with anything in the investing space, I suppose,

you are what your record says you are,

and Hindenburg's record says they're pretty good at this shorting thing.

I'll give you a couple they went after Nicola the hydrogen-based electric car

manufacturer slash fraud you know they went after them I think in late

20 the stocks down about 97% I think since then they went after Clover Health in February I believe of

2021 I think that stocks down about 95 plus percent since then believe me, there are some shorts who are clown shows and should be ignored or preferably laughed at.

I don't think Hindenburg is one.

I have a lot of respect for what Hindenburg has done. I may or may not agree with them, but just like other

shorts who I like muddy waters, Carson Block, he's done some very good work of course Jim Chanos you know has done and he's kind of the

godfather of shorts I suppose for my generation of investors so you don't have to agree with all of their calls. I certainly don't but I think it's always

worthwhile paying attention to what they're saying because I think they can often on earth some things that are worth you knowing at least

to say no that's not right no that's incorrect or oh no this is serious this is something I should look at so I'm not

someone that that demonizes short sellers I actually think they're a valuable part of

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