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Man DJRt is getting beaten up lately. Down to .285 bid right now. I had gotten filled for like $100 worth at .30 before it ran up. i sodl it at .41 I think.
Watching it again. This could be a great entry point, unless I missed some big news.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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wow didnt expect to see this down...im radaring
-------------------- If your not on the edge of ur seat, sell it! Everything posted is my opinion! Posts: 992 | From: H-town | Registered: Nov 2006
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I don't think it's dilution. Volume has been pretty minimal, just the nature of a low float stock without buying pressure. It will rebound quickly IMO.
Posts: 1053 | Registered: Mar 2006
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Thanks for the comments on dillution, guys. Helps me feel better about that aspect. And yeah, Baxt, when a stock like this loses momentum, just a few people wanting to bail out can kill the price. What the hell, I'll probably put in an order today.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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i had got in at .28 and then it dipped and now its rising again ... lets see if it can break .30 barrier unfortunately i wasn't able to take advantage of the dip !!
-------------------- Market Correction - The value of the stock always decreases after i buy it Posts: 317 | Registered: Feb 2007
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me neither, as I had purchased at .29, but considering that it was in the .40's a few weeks back I'm not too worried.
Take a look at the schedule, come spring and summer this thing will have much more interest. Already several April dates are sold out or nearly sold out. (Here's April's schedule)
SOLD OUT April 3, 2007 Lowe’s Motorspeedway
AM ONLY April 14, 2007 Talladega Superspeedway
OPEN April 15, 2007 Talladega Superspeedway
SOLD OUT April 28, 2007 Atlanta Motor Speedway
AM ONLY April 29, 2007 Atlanta Motor Speedway
Jo
-------------------- "Great Day for Up!"....Dr. Seuss Posts: 3387 | Registered: Mar 2006
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This is a huge PR IMO...market will take time to react to it, but im back in this one!
Dale Jarrett Racing Adventure Gains Speed - Files Profitable 10k Thursday April 5, 1:54 pm ET
NEWTON, N.C., April 5 /PRNewswire-FirstCall/ -- Dale Jarrett Racing Adventure, Inc. (OTC Bulletin Board: DJRT - News) a "Full Throttle" lifetime experience company, has announced its financial results for the fourth quarter and year ended December 31, 2006.
Fourth Quarter Highlights
-- Revenues for the fourth quarter 2006 totaled $797,500, a 50% increase over fourth quarter 2005 revenues of $532,000. -- Net income for the fourth quarter 2006 was $223,700, as compared to a fourth quarter 2005 loss of ($4,800). -- 2007 backlog as of December 31, 2006 is 49% of 2006 total revenue.
2006 Highlights
-- First profitable full year since inception. -- Net income for 2006 was $88,400, as compared to a 2005 net loss of ($320,500). -- Revenues for 2006 totaled $2,144,300 a 20% increase over 2005 total revenues of $1,785,300. -- Latest safety equipment installed in all racecars, including Hans head and neck restraint system, Tri-star fire suits and full-face Bell Helmets. -- 2006 gross profit margin of 59% as compared to 50% in 2005. -- 100% funded from free cash flow from operations for the last 4 years. -- 63,000 laps safely completed in 2006 as compared to 49,000 laps in 2005.
-------------------- Disclaimer: Not accountable for anything I say Posts: 6266 | Registered: Jun 2004
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More sellouts. Looks like they added a date (May 19th) as well. Up 13% today.
sold out May 19, 2007 Talladega Superspeedway sold out May 26, 2007 Talladega Superspeedway sold out May 30, 2007 Atlanta Motor Speedway sold out June 16, 2007 Talladega Superspeedway
-------------------- "Great Day for Up!"....Dr. Seuss Posts: 3387 | Registered: Mar 2006
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These numbers look good! They can only get better for this quarter with the warmer months in it. ------------------------------------------
Dale Jarrett Racing Adventure Doubles First Quarter Sales
Last update: 5/29/2007 11:23:00 AMNEWTON, N.C., May 29, 2007 /
PRNewswire-FirstCall via COMTEX/ -- Dale Jarrett Racing Adventure, Inc. (DJRT) a "Full Throttle" lifetime experience company, has announced today that the company's 1st quarter 10Q included the following comparisons to the 1st quarter of 2006: -- 112% growth in Quarterly Sales - $321K vs. $151K -- 359% growth in Quarterly Gross profit - $183K vs. $40K"
Although the seasonal nature of our business presents a certain challenge for our company in the 1st quarter, we have taken significant steps this year to change that and are confident similar growth rates can be achieved in the future. Doubling total revenue and tripling gross profit are excellent indicators that we are on the right track," said Tim Shannon, President.
An important distinction between the two filings is the non-cash compensation of 380,000 restricted common shares representing $125K in 1st quarter 2007 expenses as compared to 0 shares and $0 in the 1st quarter of 2006. This non-cash compensation is an example of the company's determination to increase the awareness of the company through national public and investor relations.
The Dale Jarrett Racing Adventure provides lifetime experiences with all of the drama, thrills and excitement of driving your own authentic NASCAR Nextel Cup race car on a nationally renowned Superspeedway. We call it Full Throttle Living. The company reserves various dates during the year at NASCAR tracks across the country offering customers the option of purchasing packages ranging from a 3-lap ride to an 80-lap adventure weekend. Participants can achieve speeds of up to 165 mph at the Superspeedways and are allowed to pass and draft with other students. In order to reach these speeds safely an instructional session is provided to acquaint the student with the racecar, safety precautions and the proper groove of the racetrack.
DJRT was founded in 1998 and its shareholders include NASCAR Champions Dale and Ned Jarrett, as well as Dale's brother Glenn, Dale's son Jason, NASCAR driver Joe Nemechek and Green Bay Packers quarterback Brett Favre.
Additional information is available by visiting Investor Relations contact: Mr. Josh Carden * 1-888-GO-RACE-1 (1-888-467- 2231) This press release may contain forward-looking statements within the meaning of the Private Litigation Reform Act of 1995. Such forward-looking statements, particularly as related to the business plans of Dale Jarrett Racing Adventure, Inc. to gain market acceptance, are based on current expectations that involve a number of risks and uncertainties. Actual results may differ materially from the company's expectations and estimates. SOURCE Dale Jarrett Racing Adventure, Inc. Investor Relations, Mr. Josh Carden, +1-888-GO-RACE-1 (1-888-467-2231)Copyright (C) 2007 PR Newswire. All rights
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