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PainterPoker (20.02)

Dover Motorsports, Inc.... More than just a pretty name?

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January 26, 2011 – Comments (2) | RELATED TICKERS: DVD

 Ok, here's a shot in the dark.  I'm calling a jump in stock price for Dover Motorsports.  DVD has made some money in the last quarter posting profits as seen on the Fool's statements and Google Finance.  I've been following this one for a while and I think it is poised to pop before or after the conference call Tomorrow at 10:30 ET.  Any input from the Fools would be appreciated. 

http://caps.fool.com/Ticker/DVD/Statements.aspx?source=icasittab0000009

 

DOVER, Del.--(BUSINESS WIRE)--Dover Motorsports, Inc. (NYSE:DVD) invites you to a conference call subsequent to the release of Dover Motorsports, Inc.’s earnings for the fourth quarter ended December 31, 2010. The conference call will be held on Thursday, January 27, 2011 at 10:30 a.m. Eastern Time.

 

I've done some reading on the company and all I understand is that it is sitting on some very pricey assets.  Essentially, they could be worth substantially more than the market cap of the company.  Correct me if I'm wrong. 

2 Comments – Post Your Own

#1) On January 27, 2011 at 10:10 AM, PainterPoker (20.02) wrote:

"On an adjusted basis, net loss was $2,261,000 or $.06 per diluted share for the year ended 2010 compared with $1,034,000 or $.03 per diluted share in 2009."

 

Ok, bad call....  Wait till she dips back down to 1.61 

  

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#2) On February 09, 2011 at 7:31 PM, PainterPoker (20.02) wrote:

Stock up 13% since call

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