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THQ is tanking before our eyes; stock has dropped 47% so far today


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Posted on Nov 7, 2012 10:50:02 AM PST
THQ stock has dropped another 26% today and is currently $1.11 per share. Remember that THQ did a 10-1 reverse stock split a while back. That means if you had a share of THQ stock one year ago it is actually worth 11 cents, not $1.11.

Posted on Nov 7, 2012 4:27:40 PM PST
THQ plummeted another 22.67% today. The company's market cap is cuurently $7.95 million meaning THQ is worth over $3 million less than when I started this thread yesterday.

In reply to an earlier post on Nov 7, 2012 4:56:26 PM PST
MrFoxhound says:
Someone is going to have to gobble them up before the end of this week.

In reply to an earlier post on Nov 7, 2012 5:28:15 PM PST
And take on THQ's $100 million debt?

Posted on Nov 7, 2012 5:55:30 PM PST
I think publishers will probably just let the company die, then buy up IP rights, and maybe open a new studio or two staffed partially by laid off employees, and we will still get Saints Row 4.

Oh, and at least two people (who have been in the industry a while) who go out of work from this will start a Kickstarter for an old school game.

Posted on Nov 17, 2012 2:21:59 AM PST
THQ is having a sale this weekend. Im sure this should help raise some money for for them... if you are a fan, id spend a few bucks on a couple games. Might help them get through these rough times.

In reply to an earlier post on Nov 17, 2012 4:02:12 AM PST
I bought Amazon's THQ bundle yesterday but I really don't think THQ has a bright future.

In reply to an earlier post on Nov 17, 2012 6:44:16 AM PST
Anthony says:
THQ is dead already and just doesn't know it.

In reply to an earlier post on Nov 17, 2012 6:51:47 AM PST
Harmicky says:
I'm sure they know it.

In reply to an earlier post on Nov 17, 2012 7:23:04 AM PST
THQ is the walking dead?
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This discussion

Discussion in:  Video Games forum
Participants:  38
Total posts:  110
Initial post:  Nov 6, 2012
Latest post:  Nov 17, 2012

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