Marc-
You must have bought my shares. In the last half hour, I sold about 5% of my position at $33.125. I still think that THQI could hit new highs next week, but one can never be certain. After all, we all thought that it would make new highs the last 2 times, too. The main reason I sold a bit is that I had set a price target a few months ago, and I wanted to make sure that I raised some cash, just in case the stock were to drop again. Besides, THQI still makes up a substantial portion of my portfolio, and I'm not unhappy to sell some.
It's encouraging that the bid didn't fall below $33 all afternoon.
Once the people who have been selling (helping to form a triple top) have finished, the stock will make new highs. Let's hope that Farrell doesn't say anything discouraging in the CC, THQI leaves MPRS alone (except for maybe some assets), and THQI announces a split next Thursday. If all of this happens, and no bozo releases some SELL recommendation, the stock could certainly reach $40 by mid-late August.
Does anyone get PC Gamer? The demo disk has Redjack and BASS. I think that Redjack and BASS will be very successful.
Todd |
