SCWorx Corporation (WORX)

[cvinvestor]

So, who is Hindenburg Investment Research?

Founded by Nate Anderson, CFA, CAIA, Hindenburg Investment Research specializes in forensic research and activist short-selling. Our experience in the investment management industry spans over a decade, with a historical focus on buy side equity, credit, and derivatives analysis. While we use fundamental analysis to aid our investment decision-making, we believe the best edge can be had by uncovering hard-to-find information from atypical sources. In particular we look for situations where companies may have any combination of (i) accounting irregularities (ii) bad actors in management or key service provider roles (iii) undisclosed related-party transactions (iv) or ille

So it turns out this company specializes in activist short selling by seeking out any kind of dirt or doubt that they can publish to take advantage of a situation just like WORX skyrocketing on good news.

All you need to do is pump up doubt and speculation, none of which in this case addresses the company's own statements of how the purchases are being funded and with over 2,000 stock trader subscribers, make a nifty profit by short selling and releasing negative articles. Then all your followers pump info in the posting forums like Ihub and watch the stock plummet.

Hmmm, sounds like there are different types of crooks. Holding on through next week unless gov or other "official" news indicates otherwise. Just wish I had cash on hand to buy more here.