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Technology Stocks : THQ,Inc. (THQI)
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To: Marc Newman who wrote (12954)2/2/2000 11:23:00 PM
From: Emmo  Read Replies (2) of 14266
 
"4. 33% of THQI float has been shorted by some moron running a floundering hedge fund"

I'd like to think the same but shorts have help and I'd like to know from who. Owners of the shares that have been shorted can call back the shares and shorts have 3 days to cover. So someone has loaned out this big chunk of shares and shorts are not worried of a call back. So what's the game played by the shorts? THQ is by no means an overpriced stock given the current PE and other measurements. So why the big short position for so long? I can see wanting to short when they lost the WCW license hoping for a flop in 3rd quarter but what's keeping them short at this stage?
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