SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : THQ,Inc. (THQI) -- Ignore unavailable to you. Want to Upgrade?


To: Wildman262 who wrote (3287)2/4/1998 2:15:00 AM
From: Marc Newman  Read Replies (1) | Respond to of 14266
 
Wildman, what you say makes sense and I think you are right. I was just speculating that the buying today was on thoughts of a similar situation to last year's early release of unaudited results.

Maybe we were giving today's buyers too much credit, that they suspected an early unaudited release. It could be even more pathetic than that--today's buying could have been due to the many incorrect reportings that THQ's regular earnings were due today, as per First Call, for example. Even SI's entry page tonight listed THQ as reporting tomorrow.

Now we've got the interesting situation where this stock has gone up five days in a row and is due for a breather, however the heaviest buying has been today. I seem to remember that on the heavy days, THQ usually goes up big two days in a row, which would lead me to suspect another good day tomorrow and an attempt on the 52-week high.

We'll see.

Marc