International Speedway Corp (NASDAQ:ISCA)
Leading promoter of motor sports entertainment activities in the US and owns and or operates 12 of the nation's major motor sports facilities.
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wide moat insiders
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If you look at the 5 yr avg of ISCA you can see it peaks near Mid Season for Nascar..Correlate to the race and who is in it and you will know when to sell...but comeback in December or January
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There has never been a better time to by ISCA. ISCA was hurt because of an inventory rate off related to Dale Earnhardt’s move from the number 8 Budwiser car to the 88 Mountain Dew. This write-off combined with its seasonal low has hit the stock pretty hard. But Dale Earnhardt is NASCAR’s most popular driver and the write-off of the half year of inventory is nothing compared to the revenue ISCA will bring in as people start buying the new Earnhardt souvenirs.
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Daytona 500. Enough said
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