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


To: Emmo who wrote (13218)2/10/2000 5:47:00 PM
From: Brian MacDonald  Respond to of 14266
 
Emmo,

I agree, it is WAAAY too expensive. I mean look at the P/E - it's in double digits and everything. Think I'm gonna short a whole bunch here. That must have been a short trade today for 600,000 shares. Boy, what a smart trade that would be. The 'trend is your friend' and all that good stuff.

Like, you know, we've traded more than 9 million shares in three days and settled at $18+. There's must be at least 50 million more to go out of 18 million, or so, outstanding that can be sold again and again. So I agree, bring it on down to $0.001!

Let's see, $10,000/.001 = hey, that's a lot of shares!!

What I like about that price ($0.001) is that there really is little downside risk to the stock. OK, there may be Chapter 11 and I could lose my investment, but hey, that's all there would be, eh?

Brian