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


To: Sigmund who wrote (7326)7/28/1998 10:18:00 AM
From: Apakhabar  Respond to of 14266
 
Somebody on yahoo suggested that the offering could spark a rash of short positions hedging the notes. Compared it to CYMI. I don't know about that. The short interest is already high on THQI, and at this level (28ish) it doesn't look like a promising short. I agree with limited downside, and I bought back in at 27 and 7/8, but I'm saving the margin just in case. It's 10:15, 250k shares traded, the last 65k on upticks.