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Technology Stocks : THQ,Inc. (THQI) -- Ignore unavailable to you. Want to Upgrade?


To: Sigmund who wrote (12990)2/4/2000 7:24:00 PM
From: Kelvin Taylor  Respond to of 14266
 
"We are looking for long- term investors seeking a 10 or 20 bagger not opportunists satisfied with a quick (10 months) pop to $75."

$75 in 10 months? That's a 257% from today's close. I would bet quite a few people here would bail BIG time on a sizeable portion of their shares at that price especially if it happen in a less than one year. I know I would. But I don't think I will have that opportunity.

THQI is down ~18% YTD and -41% since early Dec. The question is what has changed in the past couple months that would justify this huge decline? Shorting over the past couple months have been quite profitable. The good news is it appears we have reach a base price support level and with earnings out soon the stock will rise before the earnings date. Therefore going long now would be a better deal.

Of course after the report what will likely happen is, in my opinion and based on past performance, will drop back in price. Right now I'm down in my position. Will see what happen with the earnings to see if the stock gets the respect it deserves.

Kelvin




To: Sigmund who wrote (12990)2/4/2000 10:37:00 PM
From: JGreg  Read Replies (1) | Respond to of 14266
 
Hey Sig, I like you, you have good things to say. Do yourself a favor-- if this things pops to 75, please, don't stand in front of the door! You'll get killed! :^)