(ATNY, AMSC, CSGS) Stock in Review by CRWEPicks.Com
THQ Inc recently showed an Exceptional Trade - NASDAQ:THQI
THQ Inc (NASDAQ:THQI) is a worldwide developer and publisher of interactive entertainment software for all game systems, including home video game consoles, such as the Microsoft Xbox 360 (Xbox 360), Nintendo Wii (Wii), Sony PlayStation 3 (PS3) and Sony PlayStation 2 (PS2); handheld platforms, such as the Nintendo DS and DSi (collectively referred to as DS), and Sony PlayStation Portable (PSP); wi
THQ Inc. (NASDAQ:THQI) has over 20% of the float shorted. This is a whopping 12 million shares. To find out whether or not a short squeeze will soon occur one must look closely at the details of the company. First, the market cap sits at $47 million while cash sits at $51 million. This shows us a company trading below cash value.
Stock Market Rally Could Be Seen On Charts Last Week
The triangle pattern broke to the upside on the S&P 500 today. The SPDR S&P 500 ETF (NYSEARCA:SPY) is trading at $128.21, +2.71 (+2.16%). This breakout was expected based on the bullish pattern formation seen last week. In addition, new money flow was likely to enter the market on light volume. The combination of all these factors spelled rally.
(THQI, FTEK, CYDE, MJGCF) Featured Stock by PennyOmega.com
THQ Inc. (Nasdaq:THQI) announced that Margaritaville Online will launch in January and is now in Closed Beta. A select number of lucky players will join the "Buffett Beta Club" and experience the carefree, free-to-play paradise based on the lifestyle of legendary singer, songwriter and author Jimmy Buffett.