PAA Research Comments On THQ (THQI)

PAA Research provided color on THQ THQI in a research report published today. In the report, PAA Research states, " The tepid critical response to Homefront has caused investors to question the merits and plausibility of THQI's strategic transformation from a publisher of primarily a kids/licensed video game to a leading developer of titles targeting the core gamer. Sentiment surrounding the publicly traded packaged goods video game publishers is arguably at an all-time low, which certainly has not helped THQI shares." Later in the report, PAA Research states, "In our view, THQI shares are a 'coiled spring' waiting for a positive catalyst." Shares of THQ were trading at $4.03 at the time of posting, reflecting no change from Friday's market close.