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Post# of 5033292
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Re: Snake River Dog post# 1961315

Saturday, 10/16/2010 2:30:44 PM

Saturday, October 16, 2010 2:30:44 PM

Post# of 5033292
DJRT is worth a gamble IMO. Here's why:

(1) Very tiny market cap and float, buying back shares, and profitable! Very rare for a .02 - .04 stock have very real operations partnered with and some stock owned by a celebrities (Dale Jarrett & family, Brett Favre)

(2) In a recent interview, the CEO forecasted $10 million in revenues coming, $4 million in 2011, 25% more days of operations, and break-even to positive earnings for 2010 which suggests at least .005 earnings per share in 2nd half at least or .01 annualized. At a .03/.04 current share price, that suggests an insanely low PE with opportunity for decent growth.

http://finance.yahoo.com/news/A-New-Audio-Interview-bw-3346668062.html?x=0&.v=1

(3) They recently announced that July was a total sellout and expect August and September to be the same.

http://finance.yahoo.com/news/Dale-Jarrett-Racing-Adventure-prnews-943768060.html?x=0&.v=1

While I don't think being a shareholder of DJRT is going to be anybody rich, I think a small speculative gamble based on forecasted sales and profitability makes a worthwhile swing trade at .03/.04

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