Registered: Jul 2000
Location: I am everywhere, and I am nowhere.
Posts: 1184

Posted by Orange:

I won't pretend that I know a _whole_ lot about trading on the stock market, but I thought I would give you a little update on how THQ has been doing lately. With the recent earnings call for first quarter, things looked very good for the company. In fact, they have a lot of faith in Red Faction keeping the PS2 alive to compete with XBox.

Also in trading news for THQ, it was up about $7/share yesterday and closed at $43.69/share today. That's a long ways up from what it was at around this time last year which it was about $16/share and had actually even fallen a bit below $10/share for a short period. Some analysts say THQ may split soon, some say it may even reach up to $60/share by the end of the year. Myself, I made a quick earning and shorted at $36. (although now I wished I hadn't).

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