GV, your post about whether hedge funds would gain or not in the event of large moves by Intel stock:
Intel could move 50 points in the next year, an unprecedented move, and
the AGGREGATE loss of every single short seller would be under $1 billion.
Similarly, if Intel were to drop by 50% in the next year, this would barely make a
dent in a large hedge fund's performance.
One question...why in the he-two sticks do they bother then? That is, why do they bother shorting Intel, or whatever, if it makes no difference what the stock does? I mean, I care about every 4% or whatever that I have invested. It all adds up. Next question is, why is Kurlak so quiet now (in the wake of Intel's blowout quarter). Maybe he doesn't dare say anything good about them lest it become a career (or something else) limiting move, like is being implied? He hasn't always been anti-Intel. One other time in the past, he fell all over himself upgrading Intel, when they were actually about to head into some down quarters. Whatever is going on, Kurlak's position on Intel the last couple of quarters doesn't make any sense at all.
Tony |
