Replies to post #699 on THQ Inc fka THQIQ

[sonnyman]

Ufc sales are booming best buys best seller right now ..

I think we might see a pop to 75 cent mark this comming week ..there alot of funds buying into this stock as we speak IMO

UFC is huge right now ..in the spot light ..there adds are world wide and blasting still , which means company belives product still is good to promotoe and get sales from ..u dont blow that much tv time on a game thats not doing well , u pull the adds save ur money for the next game .imo

Were u SEE ufc u UFC game 90 percent of time right now

Dont be fooled by shorts or the funds Imo THQ is just ramping up again or will be brought out ..UFC WWE not small companies , they would of done alot of digging before they handed over there branded names they built over years and years to THQI ...I am sure there contracts were not just for 1 game ..And anybody looking to buy out THQI would benfit from the branded names too ..Someone like EA games maybe imo

[Sharing]

On January 25, 2012, we received a written notification from Nasdaq notifying us that we fail to comply with Nasdaq's Marketplace Rule 5450(a)(1) (the “Rule”) because the bid price for our common stock, over the last 30 consecutive business days, has closed below the minimum $1.00 per share requirement for continued listing. The notification has no immediate effect on the listing of our common stock.


In accordance with Marketplace Rule 5810(c)(3)(A), we have a period of 180 calendar days, or until July 23, 2012, to regain compliance with the Rule. If at any time before July 23, 2012, the bid price of our common stock closes at or above $1.00 per share for a minimum of 10 consecutive business days, Nasdaq will provide written notification that we have achieved compliance with the Rule. If compliance with the Rule cannot be demonstrated by July 23, 2012, our common stock will be subject to delisting from The Nasdaq Global Market. In the event that we receive notice that our common stock is subject to being delisted from The Nasdaq Global Select Market, Nasdaq rules permit us to appeal any delisting determination by the Nasdaq staff to a Nasdaq hearings panel. Alternatively, Nasdaq may permit us to transfer our securities to The Nasdaq Capital Market if we satisfy the requirements for initial inclusion set forth in Marketplace Rule 5505, except for the bid price requirement. If our application for transfer is approved, we would have an additional 180 calendar days to comply with the Rule in order to remain on The Nasdaq Capital Market.


We will continue to monitor the bid price for our common stock and consider various options available to us if our common stock does not trade at a level that is likely to regain compliance.

In my opinion they will start a pr company and/or will buy back shares in a huge way soon. The closures and layoffs in the last months will have a positive influence to the next quarter, April-June 2012. Furthermore UFC 3 sales is starting very well - with a short percentage of over 24% this should go to $1.50 - $2.00 until June 2012. In my own opinion this is a bargain - completely undervalued and oversold in compare to their competitors, mixes with a high short position. That's a great mix in my eyes and I will buy more whenever I can.

SHARING