Don, the news is that David Haines bought in big-time two days ago. The MWY board on the MF board came alive, the IMs were flying that "Papa" Haines had finally chosen a new stock to replace THQ, the hasty due diligence began, and a bunch of people bought in. I'm not saying a THQ lurker bought the 25,000 block or whatever it was yesterday, but that all the new buyers probably tipped this thing to the upside. Anyway, David is highly respected, having gotten into THQ at $4 something and providing great research for years, so his word carries a lot of weight, especially since he sees Midway as "the next THQ," a potential triple in two years.
The expectation is that NFL Blitz is going to chart very high when the November figures come out next week.
On this "news" I bought at the open yesterday for 10 1/16. It's working out.
Marc |
