Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Kelvin Taylor who wrote (10618)	4/22/1999 8:20:00 PM
From: Marc Newman	Read Replies (1) \| Respond to of 14266

Kelvin, I'll try to make another post tonight but for now think about a couple of things. 1. Considering the past history of how this stock acts after most earnings reports, closing up on the day was huge. And the last bid I saw was 24 5/16 so even though the last trade went through at 24, we effectively closed up 13/16 on the day. The longs will see that extra 5/16 in their buying power and the shorts will be out that much more money. 2. The trading at the end of the day was funny. It's almost like there was one seller with some size and everyone stepped away to make them be forced to sell down a point. The bid and ask sizes got strange, the spread was all over the place, etc. during this time. And look how the second the last trade went through the bid jumped 5/16. While nothing that happens tomorrow will surprise me, I will be especially unsurprised if we go up $1+ tomorrow. 3. My favorite two quarters of this year are coming up. The comparables are easy and the lineup looks sweet. WCW blowout plus Rugrats international releases and domestic RR GBC and Knights of Carnage sound as good as last year's Q2 even before factoring in Rugrats N64 (huge) and no GameFX charge. Q3 last year was a joke at .21. I look for serious growth on that front setting us up for a great Christmas. 4. Farrell is starting to give more realistic guidance and that should bring in more support from institutions. They can now point to the 25-35% growth, etc. Good luck with what you decide to do, but I'd want to be in at least through E3. THQ could have a big surprise or the whole industry might get a surge if console prices get lowered to $99. Also, take a look at the chart around E3 in 1997. THQ got quite a rise that year between earnings and the end of the show. Last year of course we were still suffering under the WCW loss and thus under pressure. Marc P.S.--forget this thousand share club, I want to know who else besides me bought at least a thousand additional shares in the last two days. <<G>>

To: Kelvin Taylor who wrote (10618)	4/22/1999 10:32:00 PM
From: gofrank150	Read Replies (1) \| Respond to of 14266

? I do not want to say THQI is a bad investment, but this stock simply has not acted in a ration way, IMO. >> This stock hasn't acted rationally in over a year. Its hard to figure...when it runs, its apparently for no reason. Sounds like a lot of people (myself included) sold some shares today. I had been heavily margined since before q4 earnings came out, and decided i would wipe out the margin by selling some of my shares. The recent trading patterns after earnings had me spooked I have to admit, so took advantage of the early trading near 24 to wipe out my margin balance. Given that a lot of people sold and we ended up on the day might be a good sign. Also, noticed heavy bid sizes whenever we got down around 23. Maybe this time will be different. Chris