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


To: Brian MacDonald who wrote (13024)2/7/2000 5:27:00 PM
From: Sigmund  Read Replies (1) | Respond to of 14266
 
<<< Looked like someone was trying to do some damage control but couldn't stop the buying coming in.>>>

MM's are human (not trying to start a fight). I think they realize now that for the next two weeks the stock will have a positive bias. So those piddling sells don't knock us down by $1/2 like they did a couple of weeks ago.

It's a little bit like the song" The bear goes over the mountain". First we take it down, and then we move it up. Then we take it down, and then we move it up.

Usually two points determine a straight line. But THQI reports four times a year so it is a bit more complicated plus MM's don't like straight lines.



To: Brian MacDonald who wrote (13024)2/7/2000 5:28:00 PM
From: Peter V  Respond to of 14266
 
Gee, if I bought 1000 Feb put options in the $2 range, and they are worth about 50 cents right now, I'd be a bit worried. I still haven't seen them trade, and there is not much time left.