inspirator schreef op 4 september 2013 00:21:
[...]
"It's going to be a long/short body bag job," he said.
According to the latest regulatory filings with Finland's market watchdog, U.S. fund Discovery Capital Management LLC is the fund with the biggest net 'short' position on Nokia, at 2.26 percent of the firm's shares outstanding.
No one at Discovery Capital was available to comment.
Viking Global Investors LP, Maverick Capital LTD, Blue Ridge Capital LLC and Lone Pine Capital LLC also featured among Nokia's biggest shortsellers.
Based on the number of shares being shorted and Tuesday's jump in the price, the losses for hedge funds for the day could represent up to 640 million euros ($843 million), according to Reuters calculations.
"You are looking at something which is much more predictable and therefore less interesting for the hedgies," said Mirabaud Securities analyst Susan Anthony. "Nokia would be smaller, but more profitable."
Demand to short the stock was likely to fall further in the future as the company stabilizes its finances and strategy and appeals to investors betting on the company's long-term health.
news.yahoo.com/nokia-handset-sale-ham...TomTom shortpartijen gaan 80 miljoen euro verlies lijden, nu TomTom is getransformeerd naar gezonde financiele positie (geen schuld) en toekomstige groei winstgevendheid.