Five Top Stocks For The Long-Term- Stock #2

Yeah baby! Ticket Master is the shizznit! Unfortunately, I hate ticketmaster, but as a business, it has a natural monopoly that the government has overlooked. Anyhow, to make it better, Ticket Master's stock has gotten crushed recently and it looking better than ever at less than 3 times earnings. The reason why it has been destroyed lately is because people have stopped shelling out $350 clams for Billy Joel type acts. Pearl Jam had it right about 15 years ago, when it took Ticket Master to task for inflating concert tickets. Remember back in the day when you could go see a top notch band for less than $20? Those prices pre-date 1995, but Ticket Master ruined it all. However, when Pearl Jam cannot get the "man" to change it's evil ways, you must concede. It's basically, "If you can't beat 'em, join 'em!" I think of this company the same way I think of Exxon.


Because people are idiots as a whole (present company exclued), they will eventually pick up the pace of purchasing from Ticket Master, once they get used to the garbage economy that we have, will go back to their hedonistic ways as reinflate the company with overpriced purchases of tickets for entertainment. Let's put it this way, the last concert I was at was in 2004, when I went to see Deftones in front of a crowd of less than two thousand people a MCC's hockey rink for $17 and the icing on the cake was a duet with Chino and Stan from Linkin Park who was playing the following night at Blue Cross Arena in Rochester, NY. Ticket prices are out of f'ing control. Look at Hanna Montana ticket prices. People are remortaging their houses in order to finance those ticket prices. Ok, ok, enough of the complaining. I'm endorsing this company for good reason and here's why.

1. As already mentioned before, the P/E ratio is below 3, which is ridiculous.

2. Price/Book ratio is at .21, which, again, is ridiculous. Think about it this way. You pay a two dimes for every dollar of assets. Don't use this stat by itself, because companies who are having problems could fall this low before going out of business. Think about it this way as well, this company is still making money and is trading at 1/5th it's book value. This would be an excellent company to buy bonds from, because if the company goes out of business, you would be ahead in line of the shareholders to collect on your money.

3. It has nearly 30% of its shares held by insiders, so you know they feel the value and the company's financial health are good. On the flip side, only 1.5% of the shares are being shorted, which shows that investors know people are stupid and would rather go to a show than feed their kids.

4. This type of business is cyclical and this stock will be down for as long as the economy is down. Once unemployment recedes and people start spending again, this stock should take off. This is a good time to buy as just so you know, I do not own this stock.............yet.

5. FYI-this stock does not currently pay a dividend and also, it's 52 week high was $27 and it is currently trading at just under $5. Be sure to do your homework before buying or selling.

Peace, and I'm out!!