Six Flags Announces OTC Bulletin Board Symbol

[Alex Westerman]

Six Flags, Inc. (OTC Bulletin Board: SIXF) announced today that its common stock will commence trading on the OTC Bulletin Board under the ticker symbol "SIXF" on Monday, April 20, 2009.

The Company's Preferred Income Equity Redeemable Shares (PI... Click here to read more...

[I love DW]

Well Six Flags stock is now "up" .036 cents to .166 cents. If the stock is any indicator it does not look good for the company. However I think the company will bounce back but it will definitely take a large effort by management, hosts, and stockholders for it to do so.

[Leo C]

Welcome to Jungle. : (

[DaleE4lifefan]

If you want the Six Flags company to make money then get rid of the CEO. His dumb ideas of cutting back led to a person loosing her leg on a ride. That and if they kept most rides in good shape, then they wouldnt be in court so much or giving out money to people who get hurt or die on the rides at the parks.

[Leo C]

Didn't the old regime cut back? I'm not sure it's all on Shapiro. That ride had a good 12 years or so building up to that.

[Steven]

DaleE: The lack of proper maintenance has been going on even well before Daniel Snyder took it over and Shapiro was placed at the helm of Six Flags... it happened a lot more under Kieran Burke and Gary Story. The SFKK incident was an example that some parks held on to the old way of doing things. People just seem to have a short term memory.

[Ryan F]

Originally Posted by DaleE4lifefan

If you want the Six Flags company to make money then get rid of the CEO. His dumb ideas of cutting back led to a person loosing her leg on a ride. That and if they kept most rides in good shape, then they wouldnt be in court so much or giving out money to people who get hurt or die on the rides at the parks.

Steven said it best about the SFKK incident; that was just poor maintenance procedures carried over from the pre-Shapiro years.
As for keeping rides in good shape so they wouldn't be in court, the only other recent death at a SF park that comes to memory is the boy at SFOG that jumped a fence and died while acting like an idiot. Let's also not forget that Shapiro is getting rid of old rides that are nothing but eyesores and maintenance cost nightmares.

[Leo C]

Most of the flats in Movietown/Old Country at SFGADV were in scrap heap condition already when I worked there in the late 90's so to get rid of them was a good Shapiro move. To have a closed section though is disappointing. The money went to create the small kids areas that have versions of the closed rides except the bumper cars.