Wednesday, December 19, 2007 12:15:50 PM
I have been in NC 8 years and seen many things. NASCAR is above God here. I have lived in Hickory, NC 1 1/2 years, home of Dale Jarrett and it is a mess here with major employers all but gone, increased unemployment and yes, a Dale Jarrett museum which sells NC lottery tickets and hardly has anyone visiting it! Woa boy!
He was from here as his family is all over here, but this NASCAR crap has got to cease and people will not be able to spend or waste money on the NASCAR or other high profile sports and the stock is a worse gamble in my opinion than investing in many solid OTC stocks at this point in time.
The whole US large caps market is washed up and will get worse and small/micro caps seems to be the real long term play here- as we are going into a new paradigm and if it is consumer based or supported like NASCAR, I highly suggest people not waste their monies in these type stocks as you will lose all your money and 2008 will be even harder on consumers.
Hey, if they cannot spend for Santa like they always did in past years, how the heck are they going to spend for NASCAR?
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