THQ consolidates stock in bid to stay on NASDAQ

yes please raise your damn stock price. bought it at over a dollar along time ago and have been sitting at 50 cent stocks for well over a year

Why not just keep 30-40 staff and sell some IPs, and work on one game every time? :x

I love THQ. Red Faction. Saints Row. I just beat Space Marine. Which got me into the series so I bought Dawn of War 2 last night. I will be really sad if THQ can't pull out this funk.

After the 1 for 10 split.  The shares are going to go down to $4 soon $3.25 to $3 After a little wait.  That's when everyone should do the gamble.  Put the sell in some where under $5.  My magic 8 ball has been wrong before so don't put you life saving on this. If the shares get down in the $2.74 to $2.78 sell and take the hit.  Why was that the first thing that popped in my head when I read this?

All I care about is that the subsidiary studios somehow make it through any bankruptcy. This world can use some more kill-off of businesses for the sake of business.

Sounds like Saints Row 3 is in dire need....

One thing people forget is the only reason THQ stock tumbled is because they got horrible reviews for Homefront - a game that still sold millions. Also, they cut all their Disney and Nickelodeon based games and uDraw tablet.

So why haven't they recovered? Two reasons: They are restructuring from a kid's and movie based publisher to a hardcore focused publisher (Saints Row, Company of Heroes, Darksiders, Metro Last Light). Second is that Wall Street thinks game companies stock outlook's are dead. The game industry is flat in the eyes of Wall Street. Currently, no video game company's stock meets the average NYSE growth of other stocks in the technology sector (Activision is the closest, but still not quite there.).

In other words, THQ stock tumbled, and not many investors are looking hard at video game companies' stocks ergo no one picked them up when they were down.

However, the only big room for growth at the moment is Majestco (COOL), Gravity (GRVY), and Nintendo (NTDOY) but only because the first two are at low prices and have good business models, and Nintendo has the WiiU coming out. THQ is the only other stock that can grow big time in video games but only because they currently are at rock bottom so you can pick up their stock on the cheap.

THQ produces poor products. This is what happens when you don't push your developers to become more creative, and care more about the products they make. We as gamers have been receiving broken WWE games for WAAAY too long. They screwed us long time Saints Row fans over with SR3 & it's horrid story, and milking DLC. Their key franchises have not been treated with respect or care. Therefore we as gamers stop supporting the BS. I hope they fold, and these franchises can go somewhere else. Just don't send them to EA, as they are worse. 

THQ stock (THQI) is currently the most undervalued stock on the market. They have cut all their kiddie games and movie licensed games so they can concentrate on their core titles like Darksiders, Company of Heroes, Homefront, Metro, and Saints Row.

Usually a reverse split is a bad thing, but in this case it has a specific purpose - to keep the stock high enough in value to avoid being delisted until its line up of games starts shipping in the fall and winter.

That said, THQ was trading at over $9 less than a year ago, and if it bounces back then anyone who invested now would cash out big later.

saint's row the third is one of my favorite games, heres hoping they pull out of this

this company must have really bad management. They make good games and lately are always on the brink of folding.  

I hope this goes well for them, they're one of the few old school publishers I still have some sort of respect for.

I like thq... they made titan quest.. :)

Just another company going down. Showing that making games cost alot  to make also too much and 3 poor selling games will cripple the company.

Hey guys got $1 to spare we can all chip in and THQ can be the first company ever to be owned by the gamer's. 

$0.62 cents per share?  Holy crap, the stocks are almost worthless!

Thq tried 2 b 1 of the big boys & they just ain't they should've stayed midcard like RockStar

Every 10 shares of common stock will convert into one share

Darksiders 2 should save THQ.

We may be seeing the end of THQ. And that means no Metro: Last Light unless they find someone else to fund it.

Ever wanted to own a gaming company? Well, at that price per share...it's not too far off from becoming a possible reality O.o

Not a good position and a bit of a gamble but guess they don't have any real choice!

10-to-1 reverse split?  Yikes!

This may backfire on them.  I know they must have alerted their stockholders about this, but if one of my stocks did a reverse split, I'd sell that puppy so fast it'd make your dividend spin.

I hope Take-Two acquires them.

They lie to thier consumers ,most of the things they advertise about thier game fail to show up. They deliver broken games with broken online , and never bother fix them after they took the consumers money , thier customer service is horrible . Go look at the forums .

Thq never reply to threads asking for fixes and deletes them sometimes and respond to the ones that are either praising them or asking them about thier (broken) DLC . Many devs that work under THQ are great (except yukes) but THQ are greedy and thier the first company to fall becuase of that .Capcom will follow sooner.

Hope they just go away .