and if the market gave us a one times revenue valuation, and we maitained 400 million annual revenue, that would put THQ at $80. There are several what ifs in that plan, but I also think 80 bucks is a bit high from a per share price that a future split or share issuance would be almost a given to get the price back down to something a bit more in-line with competitors.
In the end, the company must deliver on the financials but doesnt nyone else see this 60-80 range as really just way to much ?
I think $80 is a stretch because I don't see the stock hitting $8 this yr. Assuming they execute $60 is a possibility. I know that's going to sound crazy to a lot of people but keep in mind once the split takes place all of the historical data on the chart will be multiplied by the multiple of the split. Last yrs high of 6.53 will look like $65.30 (1-10).
I haven't posted in a while, I've been waiting on the vote to take place but I will say that when I look at the way the stock closed out the 2nd qtr the stock price closed higher than the 1st which is positive. The monthly close however tells me that July could be a volatile month as the players either shake the tree hard (post split), possibly closing that gap while testing shareholders once again. If so expect it early to mid month but also expect the market to show it's hand toward the end of the month as you would expect a solid finish to the month of July. A technical precursor to the release of DS2.
Lots of possible scenarios but if the stock is going to run in the last half of the yr that action is going to have to show itself soon enough.