Dhanam:

JAT, Coatue, Arrowstreet all had huge positions as of most recent 13-F - stock took a 25% hit today, will probably really drag down their returns for the quarter.

SpacemanSpiff:


SpacemanSpiff:

Palm 2.0

Just saying

Nvm, if it's Palm 2.0 all the funds must be doing merger speculation expecting HP to buy this thing.

You have to remember a lot of these positions are boxed. Impossible to get borrow on BBRY

 
Best Response
SpacemanSpiff:
Dhanam:

JAT, Coatue, Arrowstreet all had huge positions as of most recent 13-F - stock took a 25% hit today, will probably really drag down their returns for the quarter.

SpacemanSpiff:

SpacemanSpiff:

Palm 2.0

Just saying

Nvm, if it's Palm 2.0 all the funds must be doing merger speculation expecting HP to buy this thing.

You have to remember a lot of these positions are boxed. Impossible to get borrow on BBRY

Ah thanks, didn't even consider that. Forgot 13-Fs don't disclose short positions.

Sorry, I don't know much about this and you seem relatively knowledgable. Why would a fund create a boxed position instead of just buying put options? What do you mean by impossible to get borrow against BBRY - it's impossible to borrow the shares to short? Thanks for the clarification.

 
Dhanam:
SpacemanSpiff:


Dhanam:

JAT, Coatue, Arrowstreet all had huge positions as of most recent 13-F - stock took a 25% hit today, will probably really drag down their returns for the quarter.


SpacemanSpiff:


SpacemanSpiff:

Palm 2.0

Just saying

Nvm, if it's Palm 2.0 all the funds must be doing merger speculation expecting HP to buy this thing.

You have to remember a lot of these positions are boxed. Impossible to get borrow on BBRY

Ah thanks, didn't even consider that. Forgot 13-Fs don't disclose short positions.

Sorry, I don't know much about this and you seem relatively knowledgable. Why would a fund create a boxed position instead of just buying put options? What do you mean by impossible to get borrow against BBRY - it's impossible to borrow the shares to short? Thanks for the clarification.

Some funds don't do options or it's just that put options are too expensive/impossible to find due to lack of supply

Borrow cost of blackberry is quite high as there aren't many shares available to short. Something like 30% of shares are already short

read this http://www.goodetrades.com/2011/01/boxing-your-shorts-why-i-could-short…

 

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