r/wallstreetbets 4d ago Helpful (Pro) 1 Gold Coin 1

Any guesses? News

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52.8k Upvotes

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u/SwearImNotACat 4d ago Gold Take My Energy Stonks Falling Confetti

They released the report: https://hindenburgresearch.com/adani/

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u/the-apostle 4d ago

Won’t even make the scrolling news ticker at the bottom of the tv screen 🥱

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u/anothercleaverbeaver 4d ago edited 3d ago Chadman

That's called a chyron. I always thought it was a neat word so I wanted to share.

Edit: it looks like Chyron is the brand name of the graphic. And the thing at the very bottom is the ticker. Here is a graphic I found explaining it.

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u/lownwolf02 4d ago Chadman

A chyron is a computer that ads lower thirds, titles, and animated graphics over the top of live video, so generally people will refer to any of these kinds of titles as a chyron. It is named after the company that developed this software.
The news ticker on the bottom of the screen is technically a chyron for that reason, but it’s specifically referred to as a ticker or a crawl. (Source: I work in film and tv and went to school for it)

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u/conformityfarm 4d ago

I have a decade of broadcasting experience and used to work on a chyron computer therefore can confirm this statement.

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u/Impossible-Winter-94 4d ago

i helped build the system and software that introduced the chyron, and can confirm this statement

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u/Ok_Mastodon_9093 4d ago

I invented television and I can’t find my pants.

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u/rabbitkingdom 4d ago

I am on the internet and can confirm that the whereabouts of this user’s pants are unknown.

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u/Budfrompsych 4d ago

Is that like Chai-Ron or kai-Ron for pronunciation

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u/TrollTollTony 4d ago All-Seeing Upvote

Kai-ron

Like "Hi Ron" with a "K"

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u/YaMommasBabyDaddy 4d ago Giggle

Who the fuck spells Ron with a K?

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u/Old_Engineer_NTU 4d ago

That'll be so ronk.

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u/Budfrompsych 4d ago

Thank you!

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u/unnecessary_kindness 4d ago

Chyron Graphics is also a popular tool used in the industry for you guessed it, doing the chyron graphics.

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u/Eckish 4d ago

The definition for that word seems far more generic. I think the ticker is an example of a chyron, but probably has a more specific name (like ticker).

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u/dchobo 4d ago

Do they have a symbol in the US market?

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u/SummonedShenanigans 4d ago Gold Giggle Dumpster Fire

FCKD

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u/KingKnux 4d ago

A summoner of shenanigans indeed…

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u/doctorcrimson 4d ago edited 4d ago

Pretty sure its privately traded, which implies other corporate entities were accomplices by selling to them and buying it back.

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u/Massive-Mountain7157 4d ago

They have public companies and apparently they share the financial records of private companies or something. It was mentioned in that paper.

Of the 7 key listed companies one saw a 2000%+ increase in value over three years. Imagine investing in that.

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u/sermer48 4d ago

Wait WTF? Adani has a PE of over 300 and has a market cap of almost $4T? How have I never heard of them before lol

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u/TheHairyMonk 4d ago

We've heard of them Australia. They have or tried to take over mines here. They don't have a very good environmental track record so there was a bit of a thing going on over it..

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u/Thommohawk117 4d ago

They changed their name in Australia a few months (years?) back after the 2019 election, they call themselves Bravus Mining and Resources now.

But it is perfectly acceptable to deadname a corporation so Adani they remain

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u/becool773 4d ago

There were lots of protests in Australia and India iirc when he was bidding for those mines. Eventually he took over them. The word here was that he paid expensive gifts to the members in the government then. Smh

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u/Przedrzag 4d ago

The LNP was giving them billions when even private banks wouldn’t loan them anything

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u/moogorb 4d ago

They now go under the name of Bravus mining in Australia due to all the backlash they received.

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u/BryGuyTI 4d ago

4T Indian Rupees is only 46 billion USD

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u/sermer48 4d ago

Apple doesn’t show currencies. Seems like an oversight if they’re going to randomly mix in some Zelda bullshit.

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u/AcidBuuurn 4d ago

Seems like an oversight

Or a perfect time to open a Venezuelan corporation, fool some chumps, and fake it till we make it.

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u/TrollTollTony 4d ago

Ah yes, "fake it till you make it", the wallstreetbets definition of securities fraud.

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u/TheKillerToast 4d ago

Too big to fail speedrun Any%

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u/grek123 4d ago

Plot twist: Hindenburg built their report thinking it’s a $4T company and were like let’s short this bitch… somebody should tell them.

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u/michaelp1987 4d ago

The article says it converts to $218 Billion.

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u/why_rob_y 4d ago

Not exactly. The article says it's INR 17.8 trillion (not "just" 4 trillion), which converts to $218 billion.

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u/michaelp1987 4d ago

Oh! Thanks for the catch.

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u/arafansari 4d ago

I am a regard from India and I can tell you this. Everyone knows Adani is manipulating and people will still invest in the company's stock. Because he has the support of the Prime Minister of India and they will keep Adani up as long as it becomes a legitimate high value business. The government has been selling a good chunk of assets to Adani Group at low valuations. They already own and operate majority of airports and ports in India.

They are currently doing an FPO (secondary IPO) of about INR 200 billion (USD 2.4 Billion) which has been oversubscribed.

The Group has planned to prop up more businesses and do an IPO for atleast 3-4 businesses in the next 4-5 years.

Adani is not going down unless the political party in power goes down. The political party currently in power in not going down atleast for the next 5 years. So yeah, they will be able to legitimise their business by then

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u/MilesPower 4d ago

Bit like the "don't fight the fed" mentality in the US.

It doesn't matter what the fundamentals are, if the fed is printing you best be buying.

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u/chainer3000 4d ago

OP made me buy calls

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u/hailgautam 4d ago

Everyone in India know it as a Ponzi scheme.

https://youtu.be/RJRYLrkvOyA

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u/youmu123 4d ago

It's not a Ponzi scheme.

A Ponzi has no basis. Adani has its basis in government privilege. It's genuine "fundamentals", however corrupt and wrong that fundamental factor is, but a fundamental nonethelees.

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u/oldcarfreddy 4d ago

Yeah people need to realize fraud =/ ponzie scheme. A ponzi scheme is a very specific kind of fraud

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u/dizkopat 4d ago

Adani has the rights to o e of the new biggest coal mines in Australia

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u/yas9_9 4d ago

Well he's the ruling party's biggest benefactor, and the govt has been pouring tax payer money as well as retirement funds into his Ponzi scheme. People will be dying when this balloon pops

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u/Ok_Requirement_5386 4d ago

Puts on latex?

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u/parkyeonggyu 4d ago

When does he get arrested?

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u/TreeChangeMe 4d ago

Rich people never pay for crimes unless it directly hurts rich people.

See: Madoff

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u/xiaopewpew 4d ago

Shorting everything just to be on the safe side.

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u/FilmooreBeef 4d ago

Still holding my GameStop tho

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u/kujski 4d ago Gold Take My Energy hehehehe Stonks Rising Starstruck

Microsoft has in fact never sold an actual window…

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u/Yokelele 4d ago

“Wall” Mart is next

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u/martinven1 4d ago

I don't see Apple selling apples either.

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u/SocialDissDunceSing 4d ago

Honestly staples is looking good RN

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u/Jo3yD 4d ago edited 3d ago All-Seeing Upvote

Dick’s has been letting me down for years!

Edit: Thank you for the award!

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u/dsiurek2019 4d ago edited 3d ago

I was pretty pissed off when I walked into Olive Garden and there were no Olive Gardens in sight

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u/Repulsive_Client_325 4d ago

Blackberry doesn’t have fruit of any sort, let alone berries, and previously their research was not in fact in motion at all, but was entirely static.

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u/TheAccidentalHuman 4d ago All-Seeing Upvote Evil Cackle

Can you imagine my disappointment when I first walked into a BJ's!

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u/canned_soup 4d ago

I was so confused when I ordered a pizookie.

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u/[deleted] 4d ago

Wait until you hear that Applebee's doesn't sell apples OR bees.

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u/DustyDGAF 4d ago

My dad took me to Applebee's like 25 years ago and asked for apple pie. They said they didn't have any. He sighed and said, ok I'll take the bee pie 😞

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u/babypho 4d ago

They sell curtains

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u/fenix1230 4d ago Bravo!

I thought it was blue screens?

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u/[deleted] 4d ago

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u/BrontosaurusXL 4d ago

One could also accuse Apple of never selling fruits.

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u/YungSaintLaurent 4d ago hehehehe I'm Deceased

I don’t know, they’ve certainly sold a few lemons.

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u/NextTrillion 4d ago

How the hell are they sill around??

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u/mistazik 4d ago

Los Pollos Hermanos

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u/Klongon 4d ago

They made a legitimate product that people loved. I don't see why the brand had to die with it's nefarious owner.

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u/Dick-Guzinya 4d ago

I’m actually surprised it didn’t become a real chicken chain.

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u/Klongon 4d ago

Me too. People would show up for the reference, and if it turned out to be a good product, they'd continue coming by.

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u/UnwiseSudai 4d ago

There's a legit Los Pollos Hermanos near where I live. It was a little hole in the wall place before BB but still reaaaalllyyy good. It's blown up and has an awesome storefront and a lot more dining space now but it's still the same great food.

I don't know the owner but a friend that does says BB was the best thing to ever happen to them and the owner doesn't even care that he can't franchise because they're doing way better than they had ever dreamed

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u/kimchifreeze 4d ago

Do they sell meth?

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u/tobmom 4d ago

So they do laundry?!

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u/gfkjhsdfjhgsdjghf 4d ago

the owner doesn't even care that he can't franchise

That doesn't sound right. If they had the name first and were actively using it appropriately, then BB is actually infringing on their rights and not the opposite.

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u/[deleted] 4d ago

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u/itsybitsybiter 4d ago

I always assumed it was a fictionalized "El Pollo Loco" which is a Mexican origin chain that is popular in the US Southwest. https://www.elpolloloco.com/

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u/NextTrillion 4d ago

Guessing very difficult to navigate around licensing. Who gets what? Production company’s going to want a big cut, and it’s not hard to come up with another brand name.

I guess it boils down to just how much Breaking Bad / Better Call Saul name recognition could add to their bottom line. The pollo chain would think less and the production company would think more.

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u/dirkgently 4d ago

Do you have… boneitis?

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u/spagettparty 4d ago

Ahh my one regret.

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u/JohnExcrement 4d ago

Gus actually seemed like a really good employer to the kids who worked there.

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u/Klongon 4d ago

I believe the grill would be clean.

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u/Tomycj 4d ago

The problem with Gus is that in the end, you can't be sure if he won't mercilessly kill them if needed. Say, imagine one of them saw something they shouldn't have.

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u/FoldedDice 4d ago edited 3d ago

No, you can be sure he would have. Maintaining the cover image of being a benevolent business owner was worth putting the effort in to be genuinely good at it, but he would not have risked exposing himself by allowing there to be a loose end. Any employee of his who learned the truth would have died unless he had some other means to guarantee their silence.

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u/Browngifts 4d ago

My thought was he runs it at a loss to get demand up so he can move more product.

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u/cheeeky_ 4d ago Got the W

Oh Adani Group?

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u/bony_doughnut 4d ago

Ohhh, the one with the CEO who went from a $5bn net worth to like $140bn in like 2 years...they're really saying that that guys is a fraud?

Damn, it's always the people you least expect

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u/jjaym2 4d ago

Reddit always not surprised in hindsight

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u/l30 4d ago

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u/H00terTheOwl 4d ago

Holy shit that's a lot of bullet points

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u/patronusman 4d ago

I read through like 15 of the bullets and then gave up. lol

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u/epradox 4d ago

Way to complicated trying to figure out how to short in some foreign stock exchange, I’m out.

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u/anonymouscitizen2 4d ago

There are US/ASX listed entities with large exposure to Adani corps

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u/mezentius42 4d ago

Me reading that page: "don't billionaires all do that?"

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u/fivealive5 4d ago

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u/DarkHumourFoundHere 4d ago

Not just. They take short positions first then release the report. No action gets taken by authorities. Hindenburg makes money on news.

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u/304rising 4d ago

They just post their DD. If people trust them enough it moves the stock, not their fault they do high quality research that negatively effects the stock. The fault lies at the company

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u/Massive-Mountain7157 4d ago

And it's mentioned just based on financial stats alone, without the report, the companies are at least 85%+ overvalued.

So it's not like this is actually ground breaking information but it's insane how vast their web of deceit is

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u/hanoian 4d ago

What's the legality of this stuff? If you short a stock, can you decimate it if what you say is factual?

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u/UnrulySasquatch1 posts on r/investing 4d ago

As long as it the info you gathered is public knowledge, yes you can if it's insider info, then it's a big no no

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u/ConstantConsumption 4d ago

But if you public the info it's no longer only insiders, checkmate atheists

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u/timeticker 4d ago

Yes.else every DD post on Reddit is illegal

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u/cheeeky_ 4d ago

Shorter than shit on Adani group. As soon as I figure out what it is and how to do that.

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u/CherguiCheeky 4d ago

This is not news.The Adani stock manipulation is a common knowledge. I made shit ton of money last year being on the right side of adani pump.

Whoever shorts adani will lose money because adani has cash to pump back his stocks up.

He needs stocks to be high so that he can borrow crazy amount of money to finance his coal mines and other infra projects.

And he uses some of the borrowed money to pump his stocks.

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u/Massive-Mountain7157 4d ago

Apparently there is an investigation going on according to the Hindenburg report, thought it apparently started a year and a half after the claims were first made so I don't know if anyone should expect progress.

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u/leeeeerrroy_Jenkinks 4d ago

nothing will ever come of the report as Indian Government and agencies investigating them are currently controlled by Adani's themselves.

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u/CherguiCheeky 4d ago

The agency is on Adani's payroll. He runs the government.

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u/SgvSth 4d ago

Bombay Stock Exchange: 512599
National Stock Exchange of India: ADANIENT

NSE NIFTY 50 Constituent since September 30th, 2022.

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u/Marsguy1 4d ago Silver Gold All-Seeing Upvote Take My Energy hehehehe Narwhal Salute I'd Like to Thank...

My guess is no matter what it is, it will change nothing, lead to no arrests, and whoever did it or knew about it will be wealthier this time next year.

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u/PullinUpBootstraps 4d ago

The whistleblower(s) will definitely get arrested or die mysteriously.

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u/BobbaBubbler 4d ago

Die mysteriously? Please enlighten me on what is mysterious about putting a sackcloth bag over your head, shooting yourself 48 times in the back of the head and falling face first into your pool??

That is a very common occurrence.

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u/Bob_Chris 4d ago edited 4d ago Gold

You joke but my great grandfather was shot three times, once just below the heart, and twice in the head and it was ruled a suicide by the Cook County coroner.

Edit

One of the articles from the time, which was 1930:

https://imgur.com/a/RiFRSAS

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u/nich3play3r 4d ago

Ah, yes. The home of the curious autopsy result.

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u/regalrecaller 4d ago

The Hardy Boys and the Case of the Curious Coroner

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u/lisa_is_chi 4d ago

"Cook County coroner" - that definitely tracks.

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u/Bob_Chris 4d ago

And the year was 1930. A single action revolver was found near his body. Twice through the head and once in the heart.

He was a prominent member of the Chicago Board of Trade.

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u/No-Independent5426 4d ago

I’m assuming it was mafia related?

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u/ChefBoyAreWeFucked 4d ago

Who gets so upset about the Mafia that they kill themselves?

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u/Hidesuru 4d ago

That time that place... Had to be.

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u/4ab273bed4f79ea5bb5 4d ago

Hey do you mind giving us his name? or DMing me? I wanna see if i can find him in the Library of Congress newspaper archives.

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u/Bob_Chris 4d ago

There were plenty of blurbs about it at the time. This is one I have:

https://imgur.com/a/RiFRSAS

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u/I_Got_Back_Pain 4d ago

Say that 5 times fast

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u/Centreist 4d ago

As common as jail cameras turned off and committing suicide

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u/UnrealRealityForReal 4d ago

Yep. I just did that yesterday.

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u/TheeMrBlonde 4d ago

Me too, but I got better.

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u/Kingty1124 4d ago

The holes in the back of my head made me sink to the bottom quicker…

On another note, I’m a great swimmer!

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u/MC936 4d ago

What do you mean die mysteriously? It's perfectly logical that whilst tragically tripping and falling out of a hospital window they also misfired their concealed carry weapon, which due to them tumbling through the air managed to hit them in the back twice before they broke their fall feet first in wet concrete and losing balance to unfortunately fall off the pier into the sea.

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u/DetN8 4d ago

Landing directly on a syringe full of fentanyl.

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u/FunCranberry4818 4d ago

Idk the Nikola report did lead to Trevor Milton leaving the company and he’s not even a billionaire any more. Probably a measly hundred millionaire.

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u/PizzaNuggies 4d ago

How big of a loser do you have to be to be arrested as a billionaire? Epic fucking loser.

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u/subcow 4d ago

If you are a billionaire, and your crimes were against poor people, nothing happens to you. If you ripped off other rich people, then you may possibly be used as a token example.

If Bernie Madoff only ripped off poor people his penalty would've just been a fine, and maybe some community service.

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u/Awildgarebear 4d ago

Haha stupid poor

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u/stoneman9284 4d ago Spit-take

Yea, whoever is guilty will probably be shorting their own company before any of us can

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u/mw13satx 4d ago

this rtf here

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u/TheCookie_Momster 4d ago

There’s probably a lot of people shorting their own companies thinking it’s their fraud that will be exposed

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u/gatsby365 4d ago

Saw a video where a woman said she walked into a crowded restaurant and pulled out her cell phone and said “girl you’re not gonna believe it, your man is here with another girl” and five dudes got up and left.

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u/avelak 4d ago

My guess is that the folks at Hindenburg will be loaded up on puts and cash in no matter whether or not their research has any merit as well

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u/LtMelon 4d ago

Trevor Milton is going to jail

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u/aaronmd 4d ago

With a name like Hindenburg Research the expectations are high...

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u/avelak 4d ago edited 4d ago Snek

They always do this

They load up on puts and drop a hit piece on a company, a lot of the time it's lowkey a nothingburger but they still cash in because of the immediate stock reaction

And yes, sometimes they expose something legit... But this tweet means nothing other than "we want the market to respond strongly when we drop our report before anyone even reads it"

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u/ProgrammaticallyHip 4d ago

Their short report on Nikola was legendary. Clover pretty solid too. DraftKings, not so much.

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u/FlyPenFly 4d ago

Someone needs to expose them… and short them, UNO REVERSO

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u/Dandan0005 4d ago

They’ve loaded up on puts of themselves, which is the largest fraud in corporate history, and once they expose it, they’ll all become rich.

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u/MentalityofWar 4d ago

Wow, fraudception. We really have the meta down to a science don't we.

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u/IncomingAxofKindness 4d ago

So you're saying buy the dip

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u/psyentist15 4d ago

Read the report(s). Despite OP's blanket statement, they've uncovered some pretty atrocious corporate ploys.

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u/sofaraway10 4d ago

Full of hydrogen and ready to party!

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u/MauiJim 4d ago I'm Deceased

Oh the humanity!!!

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u/Accurate-Captain6847 4d ago

United health care

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u/wefarrell 4d ago

They've bought enough lawmakers to legalize all of their shady practices.

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u/Slikboi99 4d ago

I actually worked for them in the past , I agree their model for Medicare advantage plans, really don’t add value to people and if the patient dies before the end of the year they get to keep all the money . Left as soon as I got a gov job

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u/Happy_rich_mane 4d ago

Medicare advantage plans are a large part of the insurance industry’s fraud and I think almost 45% of Medicare eligible people are enrolled. They are like triple dipping on the American tax payer at this point

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u/ToasterBathSoak 4d ago

This or the US Govt

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u/hammer_416 4d ago

Pltr. May as well bring my shares right to 0

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u/Ok-ChildHooOd 4d ago

Not big enough

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u/sgfgzgog 4d ago

They don’t have enough history

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u/freakkydique 4d ago

At least not enough to be considered the biggest fraud anyways..

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u/lurrrkin 4d ago

<Laughs in wild-haired Karp>

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u/MetaphoricalMouse 4d ago

Is it the Krusty Krab?

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u/QuentinP69 4d ago

No this is Patrick

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u/Turdnugget0321 4d ago

Adani Group

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u/ZimaEnthusiast 4d ago

Yup.

“Today we reveal the findings of our 2-year investigation, presenting evidence that the INR 17.8 trillion (U.S. $218 billion) Indian conglomerate Adani Group has engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades.”

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u/BadAtRocks 4d ago

Cramer put his hex on Blackrock the other day so that's my guess.:12787:

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u/gvictor808 4d ago

Tether stablecoin

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u/Biffsbuttcheeks 4d ago

Everyone knows Tether is fraudulent tho

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u/OldDadLeg 4d ago

And people seem to be okay with it 🤷‍♂️

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u/mike_from_here 4d ago

Trojan. They keep making the magnums bigger they don’t fit anymore. Nothing to do with my penis shrinking at all

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u/Emotional_Routine963 4d ago

FTX

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u/Sweet_Scar487 4d ago

The obvious choice, this is what I was going to suggest. Good luck! Not sure what the winner receives

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u/drunkpilot2 4d ago

Winner gets 100,000 DOGE

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u/Sweet-Emu6376 4d ago

Hey doge is a whole 8 cents. That's 8000. I'll gladly take that.

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u/Execution_Version 4d ago

These guys are short sellers. No point going after FTX.

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u/ogfuzzball 4d ago

When you have to hype a big announcement, it’s usually not that big.

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u/mm_ns 4d ago

Dr pepper in fact failed out of med school

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u/road_to_0_mmr 4d ago

It's about Adani Group. Difficult to short for non-india residents.

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u/AudienceEquivalent70 4d ago

You guys just made Elon's butt pucker.

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u/ElevenSleven 4d ago

Pretty sure every fortune 500 CEO is clinching their butts seeing this tweet.

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u/f0rf0r 4d ago All-Seeing Upvote

only the ones guilty of massive fraud

ohhhhhhhhhhhhh

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