Well, Navellier had it right this morning when he said to buy more of the companies that are having great earnings. Look at INTC, look at AAPL today. Meanwhile, look at AKLM in contrast. That was not a great report though I agree that it looks like management is lowballing expectations for the current quarter.
I was half-expecting Navellier to mention THQ. It had a monster quarter, its on sale, and of course he owns 5-10% of the company. He had the perfect lead-in when he was asked about TOY.
Anyway, hope people bought more. The drop is painful, yet it looks to me that THQI is still week enough that I'm going to get a fine price when I move some AAPL money into THQI tomorrow.
Yes, you evil MMs, I am buying tomorrow so you can raise the price today if you wish. <<gg>>
Marc
Btw, CNBC said this morning that South America accounts for only 2.5% of S&P profits. It may have an outsized effect on financial firms, but certainly means less to tech firms than Asia did. Since THQI is on the NASDAQ, I predict less collateral damage, overall. |
