07-16-2008, 02:17 AM
| | Let gravity do the work. | | Join Date: May 2001 Location: Los Angeles, CA Age: 22
Posts: 7,435
| | | Six Flags stock hits record low
Shares of SIX is now trading below $1.00. They're 85 cents per share as of July 15.
Now's a time to pick up some shares, eh? http://www.nyse.com/about/listed/lcd...tml?ticker=SIX |
07-16-2008, 06:49 AM
|  | Panthers Country! | | Join Date: Apr 2003 Location: Panther Country Age: 29
Posts: 12,425
| | | I would but i'm really scared to go anywhere near Six Flags right now. I don't see it getting any better anytime soon.
.85 is pretty tempting but i have a feeling it will never go back over 15 so i'll pass for now.
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07-16-2008, 08:53 AM
|  | Welcome to the show | | Join Date: May 2001 Location: A suburb of Philadelphia in NJ Age: 27
Posts: 8,440
| | | Thin ice, thin ice. A SFGADV fan site I went to yesterday really depressed me.
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07-16-2008, 10:50 AM
|  | Just a swingin' | | Join Date: Sep 2001 Location: Charlotte, NC Age: 36
Posts: 11,383
| | | Junk bond status will probably happen really soon.
I hope though that they turn around soon.
I can't believe they haven't booted Shaprio over this. Although I think he has actually done a good job.
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07-16-2008, 11:29 AM
|  | i will eat your souls | | Join Date: Oct 2003 Location: St. Louis Age: 29
Posts: 281
| | | Next they're gonna put a coupon in the season pass coupon book : "Buy one share of Six Flags Stock, Get One Free"
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07-16-2008, 11:32 AM
|  | I'm in love with Superman | | Join Date: Apr 2006 Location: Weymouth, MA Age: 16
Posts: 414
| | | This just hasn't been a good week for the amusement park industry. From the Busch buyout to Six Flags' stock woes, there have just been numerous problems this week.
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07-16-2008, 11:32 AM
| | Just a swingin' | | Join Date: Sep 2001 Location: Charlotte, NC Age: 36
Posts: 11,383
| | | No, it will be "Here! Take some stock! It's worth less than your daily ticket price!"
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07-17-2008, 09:43 AM
| | Panthers Country! | | Join Date: Apr 2003 Location: Panther Country Age: 29
Posts: 12,425
| | | 72 cents now. Not looking good.
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07-17-2008, 10:13 AM
| | I'm in love with Superman | | Join Date: Apr 2006 Location: Weymouth, MA Age: 16
Posts: 414
| | |
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07-17-2008, 10:26 AM
| | Panthers Country! | | Join Date: Apr 2003 Location: Panther Country Age: 29
Posts: 12,425
| | | WOW!!! It dropped again. I sure as heck wont be buying any of their stock.
I'd be suprised if it's not below 30 cents by friday.
Ok so i'm not all that into stocks and really no nothing about the system. What happens when a company's stock reaches 0?
__________________ 2008 Carolina Panthers: 9-3 / Next Game: vs Tampa Bay (MNF)
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07-17-2008, 11:39 AM
| | i will eat your souls | | Join Date: Oct 2003 Location: St. Louis Age: 29
Posts: 281
| | Quote:
Originally Posted by Carowinds 73-03  WOW!!! It dropped again. I sure as heck wont be buying any of their stock.
I'd be suprised if it's not below 30 cents by friday.
Ok so i'm not all that into stocks and really no nothing about the system. What happens when a company's stock reaches 0? | *Shapiro weeping quietly in the corner.... "I thought an 8 dollar turkey leg WAS a good deal"....*
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07-17-2008, 11:40 AM
| | Jr. Poster | | Join Date: May 2004 Age: 18
Posts: 16
| | | well the different things that the stock price meanse are, 1. The cumulative cost of all the stocks is equal to the total value of the company (and nobody wants a company thats worth a value of $0) and 2. the company gets some profit of the buying/selling of stocks (which is the reason companies go public) and if the stock does go all the way down nobody will buy stock and six flags would lose income and probably end up declaring bankrupcy or go through huge management restructuring. |
07-17-2008, 11:55 AM
|  | Wooden Prefab Poster | | Join Date: Aug 2003 Location: nearby Age: 19
Posts: 5,155
| | | Bankruptcy here we come. |
07-17-2008, 12:36 PM
| | Just a swingin' | | Join Date: Sep 2001 Location: Charlotte, NC Age: 36
Posts: 11,383
| | It closed at .48 a share last night. 
It's up to .81 now. SIX: Summary for SIX FLAGS INC - Yahoo! Finance
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07-17-2008, 12:47 PM
| | Panthers Country! | | Join Date: Apr 2003 Location: Panther Country Age: 29
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| | | The ship is sinking. Its just a matter of when at this point.
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