Filed under: Mattel, Inc (MAT), Technical Analysis, THQ Inc. (THQI)
Dawn Kawamoto over at DailyFinance wrote an article discussing THQ Inc. (THQI). She brings into focus a licensing deal between the video-game publisher and Mattel, Inc. (MAT). There was also mention of the incredible price action in the stock. So, what are investors to make of the thesis? What about traders?This is a tricky one. And I've been wrong about THQ's prospects before. It's certainly difficult to predict the movement of a stock that's priced in the single digits. At the time of this writing, the shares were trading at a quote of $6.26.
Continue reading THQ: Is It Time to Buy or To Take Profits?
THQ: Is It Time to Buy or To Take Profits? originally appeared on BloggingStocks on Thu, 06 Jan 2011 17:30:00 EST. Please see our terms for use of feeds.
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