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Old 08-07-2008, 09:27 PM
orangeblue's Avatar
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Good time to invest in Six Flags?

Sorry if this is the wrong section.

As a lot of people are aware, Six Flags has been in some financial trouble lately, and their stock has taken a nose dive to just over $1.00/share. My question is, would this be a good time to invest in them? While I'm no expert in economics, from a park management perspective, it seems to me that Six Flags is really making a turn around. They're focusing on better management of park investments (i.e. not spending 25 million on a single coaster for one park), and improving the quality of thier parks to attract a larger audience of more than just teens and thrill seekers. But of course, I still don't know much about their actual finances, like whether or not they are close to bankrupcy (based on their record low stocks) or if their stocks are still going to fall lower. So my question is, does anyone know/suspect that they have a chance of rebounding back into the $5-10 range, or are their stocks going to stay stagnate, or worse, go lower?
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Old 08-07-2008, 10:05 PM
Carowinds 73-03's Avatar
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I think there is already a topic on this.

I don't think anytime is a good time to invest in SF. Maybe once that debt goes down alot and maybe if they have no chioce butto see another 3-4 parks.

Stock was as low as like .40 a week or two ago so if you were intrested that would have been the perfect time.

If you still want to i'd wait until it drops below .50 again which i sure will happen soon.
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Last edited by Carowinds 73-03; 08-07-2008 at 11:46 PM.
  #3  
Old 08-08-2008, 02:08 AM
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We do already have a thread about this. And Carowinds73-03 is right- I'd invest in Enron and Studebaker before Six Flags.


http://www.thrillnetwork.com/boards/...ecord-low.html
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