Click to view a price quote on QCOM. : Qualcomm Inc. (QCOM) shares were falling after a short-seller revealed its position and made its case. Hedge fund Kerrisdale Capital announced just before the open that it was short Qualcomm, arguing that the $63 billion chip maker is "teetering on the brink of disaster." Qualcomm is down 28% in the past five years, but hit a three year high of $75 in September.