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: AreWeThereYet who wrote (7447)8/5/1998 2:22:00 PM
From: DAVID BANISTER  Read Replies (3) of 14266
 
Todd doing an about face here it seems

I dont understand why Todd would sell some holding when the stock that he is so bullish on is trading at major bargain levels. Its funny how people sell their best stocks in times of short term gyrations and buy other weaker stocks or companies. Here we have THQ selling at a ridiculous pe of 11 times 98 earnings of 2.37 per share (likely minimal number) and likely well under 10 times 99 numbers. About to split 3 for 2, and having several positive fundamentals to the story continuing strong and being added. This stock is being sold off on light volume, mostly market makers plucking off the stop losses here. A rebound in mid to late august will be swift and furious to low 30's... probably 31 or so. For the record, I am quite long, bought at 21 1/2 in march, more at 24 3/4, and more recently *ouch* at 32 3/4 and 34 1/2.... at a p/e of 20 on 98 numbers, we should see $48 by year end.... thats an 85% return from these levels (presplit price). Im a holder and a believer. As long as the fundamentals have not changed. One concern I do have it the pricing of the conversion rate for the PP. Im guessing some are shorting the stock now in order to get the conversion price down. Then they will cover their shorts.... they will have more reason to push the stock price up at that point. Who knows... but frustrating to see this.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News