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Things are looking up for Six Flags already
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Topic: Things are looking up for Six Flags already (Read 2465 times)
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WadeJ
Administrator
Green Lantern
Posts: 4,798
Things are looking up for Six Flags already
«
on:
April 26, 2007, 01:56:01 PM »
I'm not sure how many of you check the news bar and stock bar on the left but the past few news releases are very positive news. The stock bumped back over 6 after the news of obtaining new (and better) credit. Being able to refinance much of its debt so soon is a very good thing.
http://biz.yahoo.com/ap/070423/six_flags_credit_line.html?.v=1
http://www.fool.com/investing/general/2007/04/23/give-six-flags-some-credit.aspx
Then, the news that 1Q revenue is already 19% better than this time last year during a quarter that only accounts for 5% of yearly revenues is very impressive as well. Factor in the horrible weather in a few key markets and it looks even more impressive. A few parks (including Gadv) had to even close for a day due to the nor' easter. They also opened many parks later in the year and are operating fewer hours. This news has already taken the stock to 6.25.
http://biz.yahoo.com/ap/070426/six_flags_outlook.html?.v=1
To me, this is the new plan finally being realized. And if it keeps up, we shouldn't be seeing the budget whacking that occurred late last year.
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PcMan
Kingda Ka
Posts: 2,731
Yo
Re: Things are looking up for Six Flags already
«
Reply #1 on:
April 26, 2007, 02:26:54 PM »
Yes I got a News FLash Email
And yes this is a very good positive thing.
Its a turnaround
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Yo
Deadman
Carousel
Posts: 150
Re: Things are looking up for Six Flags already
«
Reply #2 on:
April 27, 2007, 01:35:55 AM »
I have been keeping pretty close watch of the stock because I am involved in a virtual exchange.
I hope things keep going this direction, things are looking very good.
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is back? in black?
GADVwow
Kingda Ka
Posts: 2,943
Re: Things are looking up for Six Flags already
«
Reply #3 on:
April 27, 2007, 09:37:25 PM »
Back down to $6.05 today.
Can't really put much stock in short term fluctuations though!
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WadeJ
Administrator
Green Lantern
Posts: 4,798
Re: Things are looking up for Six Flags already
«
Reply #4 on:
May 09, 2007, 10:05:21 AM »
Well, this is the time where you either cring for owning Six Flags or hit yourself for not already owning it. IMO, if things are good enough we might see the ticker creep near 7 bucks (how long has that been lol). Keep a watch through the rest of the week starting today
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PcMan
Kingda Ka
Posts: 2,731
Yo
Re: Things are looking up for Six Flags already
«
Reply #5 on:
May 09, 2007, 10:51:26 AM »
I bought a little when it was in the mid 5's
just letting it ride for the long
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Yo
blazzinmatt
Parachute Training Center
Posts: 346
Re: Things are looking up for Six Flags already
«
Reply #6 on:
May 09, 2007, 10:53:56 AM »
Yea I am letting mine ride. We shall see what happens.
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projekt 365
WadeJ
Administrator
Green Lantern
Posts: 4,798
Re: Things are looking up for Six Flags already
«
Reply #7 on:
May 09, 2007, 05:31:38 PM »
Check the left bar - reports are starting to come in
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overlord
Graphc Designer
Administrator
Green Lantern
Posts: 5,327
Batman has no limits.
Re: Things are looking up for Six Flags already
«
Reply #8 on:
May 09, 2007, 09:22:21 PM »
I love it! The stock has been going up consistently lately and I know Gadv is doing alot to improve upon all the little things in the park. This is good news.
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rjholla2003
Admini-what?!
Administrator
Kingda Ka
Posts: 2,624
Ehh, What's Up Doc!
Re: Things are looking up for Six Flags already
«
Reply #9 on:
May 14, 2007, 05:45:32 PM »
Cramer goes mad for Six Flags
http://www.thestreet.com/_yahoo/funds/madmoneywrap/10356487_4.html
And because it's more fun to watch him:
http://videoplayer.thestreet.com/?clipId=1373_10356532&channel=Cramer+Executive+Interviews&cm_ven=YAHOO&cm_cat=&cm_ite=&puc=yahoo&ts=1179178621967&bt=NS&bp=WIN&bst=FF&biec=false&format=flash&bitrate=300
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Peep the concept, you've got progress, you've got congress
We protest in hopes they confess, just proceed on your conquest
I ain't got no gavel, I ain't finna fight nobody battle
I just wanna be free, I ain't finna be nobody's chattel
WadeJ
Administrator
Green Lantern
Posts: 4,798
Re: Things are looking up for Six Flags already
«
Reply #10 on:
May 14, 2007, 06:04:57 PM »
fyi - the fact that the stock dropped a little didn't really have much to do with SFI. The entire market took a dive this last week.
Now who else is wondering when Cramer and Shapiro are coming to Great Adventure?
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ChuckR
Would you just look at it?
Global Moderator
Kingda Ka
Posts: 2,507
RIP Chiller...
Re: Things are looking up for Six Flags already
«
Reply #11 on:
May 14, 2007, 06:36:32 PM »
I wanna see them get on Ka front row!
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http://www.coastercounter.com/ChuckR
peterpjr
Human Locker
Parachute Training Center
Posts: 348
Re: Things are looking up for Six Flags already
«
Reply #12 on:
May 14, 2007, 07:14:16 PM »
I have seen Shapiro walking the park before, although not this year.
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Things are looking up for Six Flags already