IPTV Industry Is Up and Coming

The forces responsible for much of the volatility on the markets in
recent years are the giant hedge funds, which use short sales as a tool
on a daily basis far more often than classic share purchases as a short
or long-term investment. Last Friday saw the publication of the short
levels for mid-April, which provide something of an insight into the
hedge funds' moves as the first quarter results season goes into full
swing.<!--more-->

In
chip giant Broadcom Corp. (BRCM), for example, short interest
in the stock climbed by no less than 80% to 31 million shares, just as
the company was on the verge of unveiling its results. It was hardly
any wonder then, that following the good results it published, Broadcom
is one of the big hits of April, with a 46% return, as the bulls
trampled on short traders who had to take heavy losses after they
bought back shares at high prices.