We have already seen one large game publisher declare bankruptcy in Midway but could THQ be the next in line. The Los Angeles Business Journal Online has a quote from an analyst that says that could happen but the CEO of the admittedly troubled company is confident that they can avoid bankruptcy.

hael Hickey, an analyst with Janco Partners Inc., states that THQ has a 50-50 chance of going bankrupt, stating "You have mediocre product and you're running out of cash," THQ has lost $334 million loss and cut 600 employees. However THQ CEO Brian Farrel dismissed such talk, saying, ""When the stock price is depressed, the naysayers can have their day in the sunshine. But we have a plan that we're very confident will give us cash and return the company to profitability." THQ just released the PC only game Warhammer 40,000 Dawn of War II and will have titles like Company of Heroes: Tales of Valor and Red Faction Guerrilla released this year.