Back after a nice break from the depressing market. I've spent too long catching up to the 100+ messages on this thread.
Here's my take on the issues at hand:
1. Farrell's selling-- No big deal. I plan on selling some THQI in the near future. Next subject...
2. TA play-by-play-- Not very relevant for investors (rather than day/week traders), at least not at the present time.
3. Valuation of THQI-- Still low.
4. 4th quarter-- Gonna be really good.
5. StaggerLee-- Gonna get really squeezed.
6. WCW-- Selling very very very well. On 12/28, there's supposed to be some match between Sting (WCW) and Hollywood Hogan (NWO). According to WCW, this should be "the event of the decade," or some hype like that. Perhaps there will be an additional surge of sales of both WCW vs. NWO and WCW vs. World during the last week of December. I know that wrestling fans, especially teens, like to play their games around the time of major matches (a kind of vicarious thing). This should intensify once WCW Nitro is released. While Nitro for PSX should make it out the door by February, I'd expect Nitro for N64 to be released in late Q2, at the earliest.
7. Stock price-- this is a trading range, albeit a tight one. As long as it is resolved on the upside, we'll be okay. If not, there will be a buying opportunity. I would be surprised to see THQI break down in the absence of bad news.
8. Contributions from old and new thread members-- Thanks for the reasonably intelligent conversation. I appreciate everyone's opinion.
Go THQI!
Todd |
