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


To: Harry N who wrote (10934)5/26/1999 10:14:00 PM
From: Kelvin Taylor  Read Replies (1) | Respond to of 14266
 
"All strong buys recommendations out there as a buy, this stock cannot sustain any price movement on the upside."
Good point.Maybe there something going on behind the scences?
I said before this stock does not behave in a rational way almost like it is being manipulated.

THQ down 4% when the market averages were up big. RUS squeezed a 1 point gain. And the volume was more than twice normal. The closing price broke both the 50 and 200 day moving averages. And in the past five days down 10%. Did somebody say the stock chart looked bullish? Hmmmm......

quote.yahoo.com

I stated in a previous post THQI would see 20 before any 40. Got close today. My guess, FWIW, is short term this stock is headed south regardless of company news. As we have all seen before THQI can't keep a rally after earnings. Of course tomorrow is another day.

Kelvin