I just added today between $24 1/2 and $25.
This is about the time when I usually buy. Sometimes I will catch it a little before it bottoms, but when I tried last time to wait and catch it on the updraft it cost me too much.
Exercising stock options is normal this does not concern me. The trading card game announced does not bother me (Todd DeMelle, that is some darn nice art work, you are quite talented). The price action does not bother me, since the last time THQI ran up like this there was capitulation selling. The phase of the moon don't bother me either :o)
In fact, what's to bother other than realizing that as much as this stock is worked up, it also has a healthy crowd of short that work it down. The volatility is simply a reflection of the fact that people who "speculate" on this issue feel very strongly about their opinion (one way or the other).
The swings of the general market accentuate this, but the main cause is the battle between people who either bet for or against this company maintaining its spectacular growth rate. So, today I speculated on the fact THQI is going to have another outstanding quarterly report. If there is more downward action, I simply may protect my position with a put option this time around.
Baby Dill is pretty cute on the Rugrats, has anyone seen new episodes yet?
Rugrat Regards, JB |
