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December 15, 2005

SpeculatingStocks.com Stock Pick: Midway Games Inc. (MWY)

Stock Price: $23.25


Midway Games Inc. develops games for play on generation home videogame consoles and handheld game platforms, including Sony's PlayStation 2 computer entertainment system, Microsoft's Xbox and Nintendo's GameCube and Game Boy Advance. Midway Games also produces games for personal computers.

MWY has been on a tear over the last six months, up over 158% in this span. The stock is showing no signs of letting up and will be benefited by Xbox 360 sales.

As of the end of November, there was close to a 13% short interest in MWY's float. MWY has a small float of 17.5 million shares with 89.67 million shares outstanding. Look for the catalysts in the video game sector to drive this stock higher and higher.

 
     
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