First time I've ever received something like that for owning stock/units.
Jeff - Editor - CoasterBuzz.com - My Blog
I've thought about investing before, but I've always wondered what real benefit there is to being a share holder. I figure it'd be kind of an expensive souveneir.
But I can't see FUN stocks providing a huge return on investment. Though correct me if I'm wrong those that are shareholders.
Cedar Fair does this because (on the simple side) it is a limited partnership and each shareholder is a partner. The profits are spread out amongt the partners.
I too received my coupons. I will not be able to use them this year, and will send them to Ohio relatives.
MadFan: That other company went from over valued to under valued. It will get better. But you need to know that unless you move large amounts of cash at a time, time is your friend here. You won't get rich on 100 shares of FUN or PKS.
*** Edited 5/6/2004 4:20:06 AM UTC by CoasterDad64***
". . . don't you know baby that life is a scream!" - Gordon Gano
Actually, when I got the Six Flags shares, FUN was around $24 I think, so the investment in Geauga Lake seems to have been *at least* as well-received by investors as it was by general consensus of those here...CF basically stole the park from SF, much like a title loan company reposessing a car...LOL.
The reason Cedar Fair can pay dividends is that they spend their money wisely, and grow *slow but steady*...in the world of the Tortoise and the Hare, you can guess which company is which...;)
You still have Zoidberg.... You ALL have Zoidberg! (V) (;,,;) (V)
I am currently enjoying a 45% return on my PKS. I will be very happy when it hits $12 or so. Even happier if FUN splits.
". . . don't you know baby that life is a scream!" - Gordon Gano
Jeff - Editor - CoasterBuzz.com - My Blog
But I highly recommend FUN - I've made more on the positive side with one stock in one year than my parents made with an entire 401k in one year! =)
Limited partnerships are just plian screwy
There are no "tax implications" to worry about.
Jeff - Editor - CoasterBuzz.com - My Blog
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