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$5.18 -0.05 (-0.96%)
10/3/2008 4:05 PM

Dover Motorsports, Inc. (DVD)

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The Company is a marketer and promoter of motorsports entertainment in the United States. Its motorsports subsidiaries operate four motorsports tracks in three states.

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Avatar TimoDOZ (37.47) Submitted: 5/04/08 8:34 AM : Outperform Start Price: $6.06 DVD Score: 6.47

Operating the "Miracle Mile" at the Dover Intl Speedway, and a half dozen other wannabe venues. The intransigent management has resisted all efforts by a major stock holder Marathon Partners to sell or break up this company. After the NHIS of Loudon NH was sold by a private owner to TRK, for a very nice premium the handwriting is on the wall for this third rate Nascar publicly traded issue. TV revenues should continue to flow and money is being made in NASCAR as now Toyota has joined in the competition. Sooner or later the FLID McGlyn and his cronies in management will get real. At near $6.50 it goes away at +$8 in less than a year. This one should be bought on any dips below $6.

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