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$14.33 -1.01 (-6.58%)
10/3/2008 4:05 PM

Live Nation (LYV)

CAPS Rating:
**

A live music company and a promoter of live concerts in the world.

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Avatar COOLSTOCK (< 20) Submitted: 7/17/08 5:04 PM : Outperform Start Price: $11.33 LYV Score: 41.71

Signing mega bands is kind of annoying in the way that New York Yankees are, and I have little faith that these slick willies care all that much about shareholders. That said, the stock is trading way closer to the 52-week low than high, and let's face it - it's a world of supsertars these days, and these guys have them. Madonna, Jay-Z, U2, and the most important band, Motley Crue. It's hard to see how those tours and potential merchandise sold around them don't make serious money. This pick is way more art than science. But I figure they can get to two billion over time. And, since I'm into following media stocks, this one is interesting to me.

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Avatar HollywoodDan (93.30) Submitted: 8/17/08 8:02 PM

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This is an extraordinarily well-written pitch. You are a masterful writer. Congrats on racking up 51 points on the pick as well. Very impressive.

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