entire video game sector. Look at AKLM, ERTS, and ATVI all have suffered way before THQI did. AKLM when for 13 to 7 after solid earnings. ERTS when from 53 to 39 after a blowout earning. Fundamentals does not matter with these stocks. The big boys have pumped and now they are dumping. Small holders have no effect on this stock. I wouldn't be surprise to see THQI stumble to $15 until the big boys feel like pumping again. BE CAUTIOUS.
buy more. This is one the problems with smaller cap stocks with decent avg. daily volume, you pick an off day and you can easily control the price of the stock - you have to have a certain volume to place large puts and shorts etc. I have seen this happen on numerous "good/great" companies that are 200m-600m market caps stocks with at min. a volume of > 200,000 sh/day. This would not be possible with large companies or illiquid smaller caps or companies that are not in sound shape with good future PE's. I take advantage and buy when I see this occur - these traders make money and I accumulate a great stock at a bargain. I don't know why anyone is complaining unless they are very short term profit takers but then this is an opportunity to accumulate. Look at any good companies whos profile is like THQI and see what happened to their stock over the last year or so and you will see this happens quite alot.
GasGuy007 and NoSumThing take a peek @ the insider trades and notice who's lining their pockets with exercised options, ringing their own registers...Farrell chmn,/Pres/CEO and Haller Sr.VP does this action raise anyones eyebrow????? It should...here's your stock manipulation. Watch out!!!
you accummulate THQI. Yes, THQI will again break its all time high sometimes this year. But I don't believe we've seem the low yet. Right now the marktet is going through a correction factor and this will occur for the next couple of weeks. Its a slow period for video game right now. Compare AKLM, ERST, ATVI, THDO, ELBO and THQI....video game companies with both large and small float. This is just my opinion. Investors should do their own research.