Great Adventure Outpost

Industry => Industry News => Topic started by: 68CamaroGuy on January 12, 2006, 12:51:05 PM

Title: Six Flags stock value
Post by: 68CamaroGuy on January 12, 2006, 12:51:05 PM

I don't know if anyone has noticed but six flags stock has basically doubled during the last few months since the Snyder take over. Check it out at excite.com ticker symbol (pks) and you will see that it was as low as 3.72 during the last year and today has hit 9.99. I'm so sick I never bought a couple thousand shares last spring.

Title: Six Flags stock value
Post by: chilled182 on January 12, 2006, 12:53:37 PM

its pretty logical not to buy SF stock.  Up until this point.. we were BIG time in debt.  Still are.  It wasnt worth much until he took over for some reason.  Im not real big into politics though.

Title: Six Flags stock value
Post by: WadeJ on January 12, 2006, 01:46:58 PM

Makes me sick as well.  I kept telling myself to get some last summer.  But I wasn't in a financial position to do so.

Even at just under 10, it might be still a steal.  I have a feeling it will be in the 20's by next year.

Title: Six Flags stock value
Post by: rjholla2003 on January 12, 2006, 02:00:29 PM

I wanted to get stock since around Feburary, but I don't have the big bucks to make a profit after dealing with brokers.  I wanted to just do it myself, but I was having too hard of a time trying to figure out how to buy a handfull of shares independantly.  Oh well.

Title: Six Flags stock value
Post by: sir clinksalot on January 12, 2006, 03:37:23 PM

It really doesn't have anything to do with changes that have been made, or who owns it.

When a company (especially one that hasn't been doing well) has been bought, the market gets optomistic about the future. Which causes shareholder confidence to go up which means they won't sell as much. When people stop selling the price will in turn go up because it shows confidence in the stocks staying power.

Title: Six Flags stock value
Post by: WadeJ on January 12, 2006, 04:12:59 PM

Exactly Gregg.

My other thought is that it could go even higher before the season starts (without even knowing park performance yet this year) just by having SFI land some nice big name sponsors.

If I laid down $2,000 last Spring, I'd have around $6,000 now.  That just makes me sick :(

Title: Six Flags stock value
Post by: stew560 on January 12, 2006, 04:44:37 PM

That's the same way I felt after passing on Sirius Stock at $3 a share when it jumped to $9 after the Howard Announcement (Now it's down to $6.20)

Woulda-Coulda-Shoulda...