SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?

To: GVTucker who wrote (18560)8/3/2001 11:33:43 AM
From: Larry Brew  Respond to of 21876
 
GVTucker, Thanks. I'm not up very on hedge fund activities.
Larry



To: GVTucker who wrote (18560)8/3/2001 11:46:04 AM
From: Larry Brew  Read Replies (1) | Respond to of 21876
 
Tucker, Another thought. Assuming the hedge funds short
large positions, the stock appreciates a couple points,
wouldn't covering their positions drive this thing up
nicely. Any idea about expiration dates?
Larry



To: GVTucker who wrote (18560)8/3/2001 2:43:44 PM
From: Dave  Read Replies (1) | Respond to of 21876
 
GV,

RE: buying the convert. and shorting the common

Assuming that Lucent shoots up to 20, by doing this, the maximum possible loss is the institution faces is the price where the shares were shorted - the conversion price, am I correct?

I assume that the hedge fund will want to have equal long convert. exposure to their short exposure, correct?

I guess another thing is that the most the institution can loose is approximately 25% (not including the dividend)...


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News