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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (5974)3/13/1998 3:12:00 PM
From: LastShadow  Read Replies (4) | Respond to of 120523
 
THQi - I've never played THQI, but from the looks of the chart I would get out now even though the floor seems to be 21. Others on this thread do, though, and they will probably have a more informed opinion than I. I'm curious though, if you bought it on 3/11 when it was in that price range after it dropped, what did you set your stop at?



To: RealMuLan who wrote (5974)3/14/1998 12:41:00 AM
From: Thomas Sterner  Read Replies (2) | Respond to of 120523
 
thoughts on THQI

Yiwu,
I have successfully played THQI many times. I see the support at 21ish but I wouldn't touch it now. Given the uncertainty resulting from the WCW contract termination at the end of the year and the absence of any proven (in the U.S.) replacement of revenues, it may languish for a while.

If you hadn't gotten in at 26 1/2, would you get in now? There
are better stocks out there.

Good luck.

Tom


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