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


To: Mr. Aloha who wrote (13051)2/8/2000 4:48:00 PM
From: Apakhabar  Read Replies (1) | Respond to of 14266
 
Correct me if I'm misinformed, but--

A. Farrell just returned from a trip overseas.
B. The price, after breaking through tough resistance at the 200dma, suddenly nosedives on heavy volume.

I think it is reasonable to conclude that someone *thinks* there is big news coming, perhaps an acquisition.

Not trying to start a rumor. Just providing an explanation for the drop. As always, I believe it is critical to always have enough cash reserves to avoid a margin call, and to be able to take advantage of capitulation when it occurs.