Derby Trail Forums

Go Back   Derby Trail Forums > Main Forum > The Paddock
Register FAQ Members List Calendar Today's Posts

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #10  
Old 04-06-2007, 03:09 PM
DerbyCat's Avatar
DerbyCat DerbyCat is offline
Churchill Downs
 
Join Date: Jun 2006
Location: San Carlos, CA
Posts: 1,772
Default

There are a couple things I like about Youbet… their growth in earnings this past year, and the fact that they have greatly increased their assets through acquisitions (bought two companies last year – United Tote was one of them)… this is not a stock to hold for the short term (I’m not a day trader, I invest for retirement/profit) but I see potential for growth and gambling is a market that’s not going away. I’m a believer in “Sin Stocks” (alcohol, gambling, tobacco) when there is a possibility for recession - and we flirt with that each time Bernanke speaks these days...

This stock might not be right for everyone, but I’m going to put it in my portfolio…
__________________
You have your way. I have my way. As for the right way, the correct way, and the only way, it does not exist.
- Friedrich Nietzsche on Handicapping
Reply With Quote
 



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 04:40 PM.


Powered by vBulletin® Version 3.6.8
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.