Hindenburg Research is a financial research firm that specializes in investigating and exposing fraud in publicly traded companies The firms’s research is often controversial and has resulted in several high profile short selling campaigns and legal dispute.
Hindenburg research is known for its investigative and forensic research techniques, which have led to uncovering fraudlent or questionable business practices at several companies.
Hindenburg Research Failed on this Comapanies
Tecnoglass Inc. is a leading producer of architectural glass, windows, and associated aluminum products serving the multi-family, single-family and commercial end markets. Tecnoglass is the second largest glass fabricator serving the U.S. and the #1 architectural glass transformation company in Latin America.
Located in Barranquilla, Colombia, the Company’s 4.1 million square foot, vertically-integrated and state- of-the-art manufacturing complex provides efficient access to over 1,000 global customers, with the U.S. accounting for more than 90% of revenues.
” Tecnoglass: Cocaine Cartel Connections, Undisclosed Family Deals, And Accounting Irregularities All In One Nasdaq SPAC. ” report published by Hindnburg Research on 9 december 2021.
Stock Price traded at 30 dollar after report was published stock make new low at 15 dollar but now stock price come back to 34 levels. Hindenburg research become most trustable but for this company nikola’s report failed.
Ormat Technologies, Inc. is an international company based in Reno, Nevada, United States. Ormat supplies alternative and renewable geothermal energy technology. The company has built over 190 power plants and installed over 3,200 MW. As of January 2021 it owns and operates 933 MW of geothermal and recovered energy based power plants.
Ormat has supplied over 1000 turbochargers worldwide: North America, South America, Europe, Australia, and Asia. The company’s products also include turbines, generators, and heat exchangers.
Hindenburg Research Report on “Ormat: Dirty Dealings in ‘Clean’ Energy”. Hindenburg report posted on 1 march 2021.
Stock was at 82 at that time of report was published but stock not go down more than 66 dollar and currently traded at 92 another company prove that hindenburg research is not worth it.
Bloom Energy is a public company headquartered in San Jose, California. It manufactures and markets solid oxide fuel cells that produce electricity on-site. The company was founded in 2001 and came out of stealth mode in 2010.
It raised more than $1 billion in venture capital funding before going public in 2018. Its fuel cells are subsidized by government incentive programs for green energy. As of 2020, Bloom had installed about 600 megawatts worth of fuel cells.
“Bloom Energy: A “Clean” Energy Darling Wilting to its Demise” report by hindenburg on 17 september 2019. This company prove that no report is genuine, stock was at 3 dollar but after report stock show strong upside and make new high 45 dollar in 8 feb 2021 after just 2 years stock become multibagger.
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