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$0.40 -0.01 (-2.44%)
7/8/2008 4:00 PM

Magna Entertainment Corp.(USA) (MECA)

CAPS Rating:
*

Owns and operates horse racetracks in California, Florida, Maryland, Texas, Oklahoma, Ohio, Michigan, Oregon and Ebreichsdorf, Austria and supplies, via simulcasting, live racing content to the growing inter-track, off-track and account wagering markets.

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Avatar BrianRuth (99.60) Submitted: 9/16/07 12:09 AM : Underperform Start Price: $2.75 MECA Score: 71.22

Selling off assets may give you a pop in the short term, but reduction tends to be a vicious circle into the vast drain hole that is bankruptcy.

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