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Senvest Partners Bullish On Immersion Amid Possible Apple deal

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HFA Staff
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Senvest Partners slipped in September, incurring a -2.8% loss in the month that trimmed its total gain to +5.4% for the year. The Candian based value hedge fund was burned by an all-around bad month for stock markets. Among others, the hedge fund lost in Immersion Corporation (NASDAQ:IMMR), a haptics technology company, as a speculated deal with Apple Inc. (NASDAQ:AAPL) did not materialize.

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Senvest bullish on Immersion Corp

Not losing hope, the fund still thinks that there is a possibility of a deal being announced between Immersion and Apple before the latter launches Apple Watch...

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.