Yes, JAKK is a totally separate story. They've already reported their big quarter so are in the seasonal doldrums right now. Plus, I believe there's a big house or two that has shares from the low single digits, that can dump on any rallies. As we all know, there are many small caps that are underfollowed or underappreciated. Thankfully, THQ now has a decent amount of mindshare among investors, considering its size. I'm not sure any of its peers have been mentioned as often in TSC, for instance.
There will be a great time to buy JAKK, as the WWF deal is not at all priced into the stock. It's just a matter of time before the stock soars. However, I think I'll get a chance to buy JAKK near current levels at some point in the spring. Other fish to fry first.
THQ has anemic volume now, which is often a precursor to a move up. On the other hand, sometimes there's a quick dip to snatch up stop loss orders as a precursor to a move up. :) We'll see.
But in any case, the TRSTS and PC Data reports are very due. I think what we see there will drive THQI back to $30+. Please, whoever spots them first, please post immediately. Much appreciated!
Marc
Edit--arghh. I feel that everyone has these numbers but the THQ investors. Yesterday there was mention of AKLM's numbers, today JAKK has a press release talking about TRSTS toy data. Come on, give us the video game numbers. Or is that tomorrow, in a THQI press release? I should be more patient. |
