Warner Brothers Entertainment has made a $33 million bid for the majority of the American assets held by Midway Games, the owner of the ''Mortal Kombat'' video game franchise, which filed for bankruptcy earlier this year.
Sumner Redstone and his National
Amusements Inc. holding company were sued by Midway Games Inc.
creditors over claims the video-game maker was hurt when
Redstone sold his 87 percent stake in it for $100,000.
Around forty minutes into trading today, I had accumulated about a half dozen frantic e-mails, "......is it too late to Buy?" I take great pride in not answering such questions, not directly anyway. But it does raise an important trading issue,...
Following up on the MWY idea, first let's look at the longer term chart below (click it for bigger image). MWY was in a long downtrend, falling from above 15 to below 2 in a little over three years. The Triangles picked up some good long-term...
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