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Technology Stocks : THQ,Inc. (THQI)
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To: Zirdu who wrote (9428)1/24/1999 10:04:00 PM
From: Sigmund  Read Replies (1) of 14266
 
<<<< And the fact that he did now "wait" till Jan 4th 1999 to sell tells us nothing, since no THQ news came out between the time he sold in late December, and early January (where he could have sold for over $30 per share) <<<<<

You missed the point. I am not at all suggesting that the scenario I suggested in fact was the case, I have no reason to think it was. But a reason for selling early is to avoid a situation where others would know that you had certain information which would preclude you from selling. For example if you knew or even suspected that a certain subject was to be discussed at a board meeting, you might want to sell before the board meeting since once the board meeting took place you would be precluded from taking any action until the public was informed.

Again, I am not suggesting that this is the case, just making a point that it is a possible reason why someone would take profits in December.
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