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InvenSense, Inc. Message Board

  • krug82 krug82 Aug 8, 2013 9:29 AM Flag

    Shorts are about to get steamrolled

    Not sure if it's happening this week or even this month, which is why holding some sort of a medium term long position makes sense here, but it will happen, there's just too much going for this company. 99 out of 100 times when I look at stocks with high short interest I get it and frankly agree with their thesis. Shorts are unfortunately dead wrong here due to the strong fundamentals and exponential future growth. Here's a company that's selling the best MEMS technology to all the big competitors across a number of industries, is wildly profitably, growing quickly, has no debt, plenty of cash and a bullish bullish management team. Who in the hell would want to take an unlimited downside position against that? They will continue to fight, they will continue to scare, they have too much into this to just sit back and give it up. Think about the hedge funds short this...there's someone's bonus, carry and future on the line and they're not going to just let it go, but make this post, they're about to get steamrolled, likely this year if not this quarter.

    Sentiment: Buy

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    • It's possible that some of the short position is used as a hedge against a long position. Maybe a hedge fund or mutual fund is long, but they bought puts just in case we got a nasty surprise (lawsuit loss, no Apple customer, no Samsung customer). Just a thought.

 
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