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Technology Stocks : THQ,Inc. (THQI)

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To: Marc Newman who wrote (9997)2/26/1999 3:05:00 PM
From: AreWeThereYet  Read Replies (1) of 14266
 
The selloff is not related to WCW, it is initiated by one or more institution(s) for whatever reason that we don't know (like Wisdom Tree last year). As I said previously, the seller is using any kind of good news to pump up the selling price. And today's sudden drop to 200 DMA can potentially form a hammer pattern which can mark a new bullish trend. I am not sure we are ready for that yet but I don't think anyone can argue the fact that THQI is doing great in fundamental. It is trading at 10x trailing earning, even less than JAKK!!!

aC
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