EMBR Announces Two Starts at Lucrative California Horse Racing Circuit!
EMBR is our brand new momentum pick and when we say momentum that is exactly what we mean.
In the last year the stock has risen as high as $40 and right now the trading levels are looking more and more like they intend to move north.
The stock is trading on a very bullish technical chart and the news profile is worth every minute of your trading attention. EMBR has so far announced racing dates for two of its geldings and horse racing pundits are already pointing to the potentially explosive year for California racing.
One of the state’s biggest courses in Santa Anita has been given key dates and EMBR’s outing there is a huge catalyst for upward momentum.
The stock has bounced from .28 cents and the very bullish technical chart suggests that the upward movement is gaining traction.
Relative strength is healthy and consistent with a stock bearing strong support. EMBR is trading below .50 cents which means that capitalizing now could lead to massive yields in gain potential.
Give EMBR your undivided attention because it could move easy (and fast). We believe this stock is a clear momentum play so get your trading gear in order.
Investor Highlights
EMBR is coming off big announcements for two of its most prized horses: Newfound Gold and Street Car.
The company’s recent momentum swings have attracted a flurry of interest from traders and volume has been exploding.
EMBR is set to benefit from the very bullish outlook for thoroughbred racing. So far this year more than $40 MM has been spent by various parties acquiring horses.
EMBR’s 12-month high of $40 is helping to fuel the very bullish technical chart that underpins current trading.
EMBR’s RSI is sub-40 which means that the bounce play opportunity is hard to miss.
About EMBR
EMBR (Embarr Downs, Inc.) operates in buying, selling, and racing thoroughbreds that would race in the allowance and stakes levels of thoroughbred racing.
EMBR has three horses, all geldings, which take part in the claiming level of thoroughbred racing.
EMBR is based in San Clemente, California.
Santa Anita Race Course Gets Big Race Dates for 2014
A mini-break in the Santa Anita Park 2014 dates once Betfair Hollywood Park closes, an agreement to allow HRTV and TVG to broadcast all major California racetracks, and reduced takeout on Santa Anita's Daily Double wagering were major announcements at the Nov. 21 California Horse Racing Board meeting.
The CHRB approved Santa Anita's 2013-14 license through April 20. The board decided to require a second license for the later spring-summer dates that Santa Anita is picking up from Hollywood. Decisions as to which of Hollywood's graded stakes will go to which racetrack are still underway, and Santa Anita has chosen to view the later dates as more of a separate meeting.
Initially, Santa Anita planned to open as it traditionally does Dec. 26 and run through late June. Track management then proposed a one-week break in April, which the Thoroughbred Owners of California opposed. They worked out a compromise that will call for a mini-break in mid-April.
With some holiday exceptions, Santa Anita will run four days a week, Thursdays through Sundays, through April 13. It will close for live racing April 14-18 and race the weekend of April 19-20.
Tom Ludt, senior vice president of racing and gaming for Santa Anita, explained that the break will allow them to freshen the racing surfaces and restart such statistics as leading owner, trainer, and jockey.
Scott Daruty, vice president of the Los Angeles Turf Club, announced an agreement between all parties that will allow HRTV and TVG to broadcast Santa Anita, Del Mar, and Golden Gate Fields during 2014. Previously, only TVG broadcasted Del Mar. The two networks already can broadcast the fair meetings and Barretts (formerly Fairplex Park). Thus, both have access to all Thoroughbred race meetings in the state.
Ludt also announced Santa Anita's plans, in conjunction with the TOC, to conduct three Daily Doubles each day with an 18% takeout, down from 22.68%.
"It will make us the lowest takeout on the Daily Double in the country," Ludt said. "It's going to be heavily marketed. We think this is a way to drive eyeballs to Santa Anita's meet."
The Santa Anita stakes schedule is still being finalized because of increases mandated for graded stakes and folding in Hollywood stakes. Ludt said that the purse for the Santa Anita Derby (gr. I) will be raised to $1 MM, while the Santa Anita Oaks (gr. I) will have a purse of 400,000.
Several CHRB members requested information about renovations in the barn area. Commissioner George Krikorian, a major horse owner, was particularly critical about the age of the barns. He voiced concerns about what would happen if a fire swept through the barn area and recommended that Santa Anita replace the wooden barns with concrete barns such as those currently used at Hollywood Park.
Santa Anita officials explained constraints they are under to comply with regulators regarding wastewater disposal. The commissioners requested that Santa Anita report on the subject at the December meeting.
"We want a rough calendar on how you plan on proceeding," said CHRB chairman David Israel. "You're regulated from two different directions. Their concern is the impact of wastewater on the environment. It's a very valid concern. Our concern is the health, welfare, and safety of the backstretch workers, the horses, and the public."
In other action, the board approved one-year ADW licenses for TVG, Xpressbet, TwinSpires.com, Watch and Wager.com, and Lien Games Racing. Those licenses are contingent upon various agreements between the ADW operators and the racetracks and the TOC. The board also approved medication revisions to comply with standards developed by the Racing Medication and Testing Consortium.
Recent Developments
http://finance.yahoo.com/news/embarr-downs-announces-upcoming-race-130000277.html
Embarr Downs Announces Upcoming Race on Friday for Newfound Gold
Los Angeles, California, Feb. 18, 2014 (GLOBE NEWSWIRE) -- Embarr Downs, Inc. (EMBR) announced today that Newfound Gold has been entered into the 6th race on Friday February 21, 2014 at Santa Anita. A copy of the race's Daily Racing Forum can be found here.
As previously announced, shareholders of record on March 31, 2014 shall be entitled to 20% of Newfound Gold's net purse winnings. The company has paid approximately $1,750 in dividends from the Company's net purse winnings.
Shareholders can also attend the race and spend the day with our management team and join us in the paddock. Additionally, shareholders can join us in the winner's circle for the photos. The Company just requests that you provide us notice via email at info@embarrdowns.com so we can get passes for you and your guest. For those unable to attend, you can watch the race on TVG, HRTV or online at www.twinspires.com
EMBR should be at the top of your list for the following three reasons:
- The horse racing season is approaching the big-purse dates and the company is making sure that it has competing geldings as these big revenue dates approach.
- The stock bouncing off support having bottomed at .28 cents.
- EMBR is trading on a very bullish technical chart. This alone is a huge catalyst for trader interest and action.
Begin your research now.
To learn more about EMBR please visit their website: http://www.embarrdowns.com
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