DD Support Board and Research Team

[OMOLIVES]

All wrong....I knew that way before you posted it...like Months before. India has different rules regarding disclosure :

https://indianexpress.com/article/business/sebi-institutional-investors-should-disclose-short-sell-transactions-upfront-9097116/

previous

https://nishithdesai.com/SectionCategory/33/Corpsec-Hotline/12/55/CorpsecHotline/8436/5.html

The short caused so much damage that they had to strengthen the rules. They didn't break the law, they skirted it and hid the remaining. Absolutely nothing illegal via Hindenburg. But because of such..they had to tighten it up. I don't think you have been clear at all...it's a confusing situation to say the least ...with regards to the short play. This may help:

Data reveals there was frantic trading in NSE’s equity options segment starting from December 2022 up to the Union Budget. As a result, the ratio of Put options, which investors buy when they anticipate a market crash, kept rising steadily and touched a 13-year high on January 24: the day Hindenburg published its report.On January 23, the Put and Call ratio stood at 0.73 (73 Puts against 100 Calls) and touched 0.74 the next day, which is the highest reading since the peak of the Great Financial Crises in March 2009, when the ratio touched 0.75. It simply means that Puts were being added frantically in the Indian markets up to the Union Budget even as the global stock markets were steady or rallying. Probe also shows there was high action seen in out-of-the-money Put options of Adani stocks, which means some were anticipating a sharp fall.

The probe also shows that New York-based Hindenburg is not a registered research firm with any market regulator. In the report, Hindenburg claims to have received information on SEBI investigations into Adani stocks via the right to information (RTI) application. But SEBI never shares any investigation-related info via RTI. Investigations show that Hindenburg’s report follows the exact same financial and other metrics that were followed by a leading Indian market researcher in his ‘Bespoke’ reports on listed companies that were sold for $20,000 to $50,000 to private clients.

https://www.thehindubusinessline.com/markets/probe-reveals-overseas-short-selling-behind-100-billion-rout-in-adani-shares/article66489053.ece

Nothing fishy there ;)


I don't care about Hindenburg, don't hate them or Nate. And as I said repeatedly...I think all are dirty..always. I am just not biased and look at only one side of the story. That would be disingenuous and foolish.