SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : THQ,Inc. (THQI)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sigmund who wrote (2602)12/17/1997 12:56:00 AM
From: Todd D. Wiener  Read Replies (1) of 14266
 
Sigmund-

First of all, the downgrade by Wedbush is a POSITIVE. The stock is in the same price range that it was when it was downgraded. Now, if Wedbush upgrades THQI to BUY or STRONG BUY, the stock will likely go up. I agree that insider buying is a definite positive, but insider selling isn't always bad. Besides, it's not fundamentally important news. I think the reports of WCW's success are much more useful as a "crystal ball" than is Farrell's selling.

"Clearly if we get earnings of $1.65 next year, a stock price of $20 will most likely be perceived as too low and most likely will go much higher."

I hope you don't expect the stock to sit at $20 for 12 months. By the time the street realizes that THQ earns $1.65 for 1998, the stock should be twice the current price.

Todd
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News