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THQ AŞ Message Board

  • mrmystery4444 mrmystery4444 Oct 16, 2007 10:49 AM Flag

    UBS Downgrade

    Talk about buy high, sell low ... Way to go UBS!

    UBS Initiated at Buy on May 2nd = Closed at 34.28
    UBS Downgrades to Neutral today = Opened at 24.07

    For the life of me I can't figure out why THQ stock is so low. Releases for Xmas look good, but I'm in for longer than any one christmas ... this is a well run company at an attractive price at the start of it's boom cycle... in 5 years, anyone not buying now is going to be kicking themselves.

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    • I agree. Calling it a buy at $34 and a sell at $24 just five months later when nothing material has changed is a perfect example of why analyst ratings are worthless.

      I can't figure out why THQ is slipping either. I'm shocked it is below $25 and will buy more.

      • 1 Reply to Investor_Clown
      • The only thing I can think of is pairing of long/short positions. Since THQI has been moving opposite ATVI and ERTS for a couple of months now. It is possible that folks are going long on ATVI (or ERTS) and shorting THQI and making the performance difference. They would do this if they think ATVI will outperform THQI. The only problem here is that the short interest has not increased much. Other than that, I agree that it is a well run, conservative company that is trading very cheap, especially against ATVI and ERTS.