Senvest Partners Bullish On Immersion Amid Possible Apple deal

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.

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 in 2015. Senvest said that even without revenue from Apple,...