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Author Topic: Eight Balance Sheet Accidents Waiting To Happen  (Read 1557 times)

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Offline GADVwow

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Eight Balance Sheet Accidents Waiting To Happen
« on: December 30, 2007, 08:52:46 AM »
Quote
.....The theme-park business is tough ? Six Flags (SIX) looks like it may not survive. Cedar Fair (FUN) is down, but not nearly as much as it could fall if business doesn?t pick up soon. Oh, and that dividend sure doesn?t look very secure....

Note that FUN is the charted stock and one of the balance sheet accidents looking to happen.  As for SIX, the writer obviously thinks it is even worse...and, as he said, "may not survive...."

http://seekingalpha.com/article/58599-8-balance-sheet-accidents-waiting-to-happen

Offline WadeJ

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Re: Eight Balance Sheet Accidents Waiting To Happen
« Reply #1 on: December 30, 2007, 10:04:34 AM »
Yet another writer that seems to have some grudge against SIX.  I just don't get it.  Yes things look bad but all the negative spin is what has plumeted the stock IMO, then the poor performance.  We seriously do need to hope for a stellar year though because I think this may be the last chance for everybody at six flags.

Offline PcMan

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Re: Eight Balance Sheet Accidents Waiting To Happen
« Reply #2 on: December 30, 2007, 12:52:49 PM »
how about these reporters report on some of the good things for once.
and I like how all the brokers say to buy the stock when its at say $6
then they say sell when its at $2

at $2 a share I say buy buy buy
then sell if you want to make $ at $2.80  or what ever.
just this past month SIX went from $1.89 to $2.85 whats that a 30% gain  ?

I expect 4th quarter earning to be good with the Very dry weather.
like they say one more year with no problems SIX should be fine.

WATCH  Starting January 2nd  when all the Institutional buyers come in to buy at $2 a share 
you will see buys of 500,00 shares and higher etc.
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Offline rjholla2003

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Re: Eight Balance Sheet Accidents Waiting To Happen
« Reply #3 on: December 30, 2007, 02:24:15 PM »
That site HATES Six Flags.  One of their writers had a bad experience at SFNE, and they've been blasting the Flags ever since.  Logic doesn't seen to be a factor for them anymore, just following the trend of SFI hating.
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Offline GADVwow

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Re: Eight Balance Sheet Accidents Waiting To Happen
« Reply #4 on: December 30, 2007, 06:06:36 PM »
...actually one of the reasons I posted that is the writer is now sharing his distaste for Six Flags with the rest of the industry.  That's some very cutting remarks about Cedar Fair. . .

Offline rjholla2003

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Re: Eight Balance Sheet Accidents Waiting To Happen
« Reply #5 on: December 31, 2007, 12:10:07 AM »
I noted that too, but I just felt like pointing out that they are extremely biased when it comes to Six Flags.
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

Offline Steve

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Re: Eight Balance Sheet Accidents Waiting To Happen
« Reply #6 on: December 31, 2007, 12:35:38 AM »
Apprently everyone is now, since SFI is the devil of theme parks Give me a break.


Offline darkridedan

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Re: Eight Balance Sheet Accidents Waiting To Happen
« Reply #7 on: December 31, 2007, 07:21:58 AM »
How can anyone not have fun at SFNE? Thinking the end is near for Six Flags is easy to do by just looking at the stock price but I wish the anaylists would stick it to the real Two Face (Snyder) who has allowed Shapiro to blame the weather, instead of taking the name of Six Flags down with them.
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Offline Dubya91

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Re: Eight Balance Sheet Accidents Waiting To Happen
« Reply #8 on: December 31, 2007, 06:43:01 PM »
These writers seem to forget that Rome wasnt built in a day...
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