• UnderpantsWeevil@lemmy.world
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    1 day ago

    There’s a (now defunct) website called Hindenburg Investments that specialized in Short Selling companies they research, dig up criminal misconduct on, and then report to the SEC/FBI/etc.

    The last report they released was on PACS, a company that was caught swindling Medicaid to the tune of hundreds of millions of dollars.

    After Trump won the election, I took a gamble on “Scams and Frauds” investing and picked up 1000 shares in this heavily depressed company. Trumps’ admin effectively dropped the investigation and charges on the firm, causing its stock price to triple.

    Just something for the savvy investor to look out for in the future.