07
May
08

FWRM: Midweek Movement

Microsoft's last six months

Last night I sold off all of my sinking THQ (THQI) stock. In retrospect, I should never have bought it in the first place; that company really has nothing going for it right now. I sold it at the perfect time, too, because it was reported today that THQ layed off about 200 of its employees, causing stock to drop about $1.15 per share.

I used the money I got back to buy more shares of Microsoft. MSFT stock actually went up after the failed Yahoo takeover, and now I hear that they are dropping hints of trying to acquire Facebook. I wonder what’s going to happen when Bill Gates leaves the company, though.


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