Part 5/10:
Another crucial aspect of this decline relates to the underlying business models these short-selling firms rely upon. For firms like Hindenburg, the cost of producing and selling research is becoming exorbitant, particularly in a booming market where potential buyers are wary of shorting positions that could be financially detrimental. The sentiment echoing throughout the discussion was that the dramatic market tops have increasingly made it challenging to justify the purchasing of research backing short positions.