One of investors' biggest fears is putting their hard-earned money into a corporation, only to discover that said company was, in fact, a giant scam. And if we are to believe a recent short-seller ...
Yesterday, Hindenburg issued a long short report on Block and the stock dropped 15%. I have read the full report and categorize the accusations in two categories: nothingburgers and more substantial ...
“Block has wildly overstated its genuine user counts and has understated its customer acquisition costs,” says the report. A report following a two-year investigation from Hindenburg Research claims ...
Hindenburg's estimate of downside risk is based on poor logic. The report focuses on only 1 of Block's 3 major reportable segments. Hindenburg fails to mention the most noteworthy risk: stock-based ...
Block was hit by a short-seller report from a prominent investment research outfit. Investors must consider every side of this story. While Block's stock is down, it's best to wait before either ...
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