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Technology Stocks : THQ,Inc. (THQI)
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To: Jim Munroe who wrote (9521)1/31/1999 3:34:00 PM
From: Roy F. Baker  Read Replies (1) of 14266
 
Jim, Since no one answered your question about shorts, I will try. THQI usually trades around 300,000 shares a day. When the shorts were around 3M it would take about 20 days for all of them to get out. Now it would be 16 days. It actually is not the smartest move in the world to have this small of a share trade and this large of a short, if you are a shorter.
THQI is a third and fourth quarter stock. Most people who follow stocks know that most or all retailers do better in the pre and Christmas seasons. It will ramp back up for earnings news after scared hands are removed from their shares and then will slowly decline until July IMHO! It is actually better to short this stock from Feb. to July if that is what your into.

Regards,
Roy
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