It is actually at .57... I watched earlier in the day .53 is bottom support and was moving back north before close. Treand should continue Monday at open.
Any stock that falls like this triggers many traders alarm and they wait for bottom - many eyes on this.
Debt load is not that heavy considering the amount of revenues they generate. Only your opinion about game lineup, you are not the only game person in the world. Company has $26 million set aside for stock repurchase. Shorts have been the controlling force lately.<---- Only reason THQI is at .53 right now.
Company announces they intend to enact the stock repurchase and this shit flies.
Potential reward far outweighs any risk IMO. If you dont like the stock, you know where other boards are.
U.S. Retail Video Game Sales Off 34% In January From Yr Ago
U.S. retail sales of new video game products fell 34% in January to $750.6 million from $1.14 billion a year ago, according to new data from NPD Group. Video game hardware sales were down 38%; software sales were down 38%, or 37% including PC games; accessories sales were down 18%.
NPD said that the weak performance reflected “a lack of software launches, and poor hardware and accessory performance partly related to bad comps from Kinect-related success in January 2011.”
Here’s a look at the 10 best selling games for the month:
Call of Duty: Modern Warfare 3, Activision Blizzzard Just Dance 3, Ubisoft Elder Scrolls V: Skyrim, Bethesda Softworks NBA 2K12, Take-Two Interactive Battlefield 3, Electronic Arts Madden NFL 12, Electronic Arts Mario Kart 7 ,Nintendo Skylanders: Spyro’s Adventure ,Activision Blizzzard Zumba Fitness 2: Party Yourself, Majesco Saints Row: TheThird, THQ
Where are all the posters that said THQI was going to run to $1 in a day, more likely to make a new 52 low this week. THQI is just as likely to set at .25 as it is $1 in the coming months.
News 
Market Data 
Discover 
