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InTheMoneyStocks.Com is a research and consulting company focused on mathematical proprietary techniques along with a key understanding of price, pattern and time. Through understanding geometry and other technical analysis methods, InTheMoneyStocks.Com prides itself on avoiding Wall Street hype... More
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  • Short Squeeze: THQI Ready To Blow 0 comments
    Jan 19, 2012 11:44 AM | about stocks: THQIQ
    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. While hemorrhaging money, the company still does revenues of around $800 million.

    These factors all point to a possible buyout. With so many shorts, any sort of pop will set off a mass short squeeze. An upside move could easily be above a Dollar per share. Keep this stock on your watch list.

    Gareth Soloway
    InTheMoneyStocks.com


    Stocks: THQIQ
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