Thursday, April 22, 2010 9:36:49 AM
The series EIGH in is in NOTHING line NASCAR and that is probably a good thing. Right now the highest number of bankruptcies, forclosures and unemployment is in North Carolina. I can tell you first hand that the bud is off the rose, the glitter is gone, and the gravy money that came from the people and companies who are willing to pay just to be the sidelines is gone. Racing teams are the first to feel the pinch when the money dries up. Teams like Penske Racing are having trouble paying their bills. NASCAR is on the ropes.
The racing series that EIGH is in is just for rich boys who want to play with other rich boys. That's why no one got too excited about it but they should have. These boys don't need big national sponsor programs and television to pay their bills. EIGH is very savy about who and what they get involved with. They know what they are doing.
This stock is a winner with out the FLD. In fact you might actually want to hold it long after the squeeze has come and gone!
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