THQ,Inc. (THQI) Message Board

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Technology Stocks : THQ,Inc. (THQI)

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To: Sigmund who wrote (7866)	9/1/1998 4:19:00 PM
From: M. Frank Greiffenstein	Read Replies (1) of 14266

It's called capitulation... The last of the weak hands sold off their THQI holdings, either to cover margin or just to stop the damn bleeding. I am sure shorts covered as well. At 9 and change, THQI became a scremaing bargain, man, its like giving it away. The buyers saw the value and saw the shorts depart, so they piled on. I bought Dec 11.6 calls when THQI hit 11. Man, am I pissed. The premium was $ 2 9/16 !! I only payed a premium of $1 7/8 when thes stock was above 13 just a few days ago. God do I hate options desks. But I know it is all supply and demand, at least that's what I tell myself to calm down. Anyway, it's nice to have options back in the money at the end of the day. DocStone

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