Six Flags shares rise on rumor of Disney interest

Posted | Contributed by Chernabog

Shares of Six Flags Inc. rose Wednesday on a rumor that Walt Disney Co. was interested in buying the company, traders said.

Read more from Dow Jones Newswire via Yahoo.

Jeff's avatar
30 Cents! It's a rally! ;) Look out, it might break $5!

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Jeff - Webmaster/Admin - CoasterBuzz.com - Sillynonsense.com
DELETED! What time does the water show start?

Funny how Buzzers discounted this rumour immediately, but the stock market resonded.
Hope some of the stockholders sold off. It might be the most they will make on it in a while.

But really, who in the world would take that seriously?

Jeff's avatar
People post stupid things in the Yahoo Finance forums all the time and people silly things like this suddenly have an impact. The only thing is that it generally only happens with cheap stocks where you can make a short sell and a wad of cash. Stupid day traders!

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Jeff - Webmaster/Admin - CoasterBuzz.com - Sillynonsense.com
DELETED! What time does the water show start?

Mamoosh's avatar
I guess Barnum was right, eh?

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It's coming Aug 18th, and 2004 will never be the same!

Jeff, you closed this thread in the fourm because it was 'silly rumour mongering' but now it is on new? What is up with that?
Stating the rumour was "silly rumour mongering." The fact that the market reacted to the "silly rumour mongering" is legitimate news.
HA!! Boo-freakin-ya! I was right! hehehe... But In all seriousness, I doubt anything will happen.
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If Milli Vanilli fell in the woods, would someone else make a sound ?
*** This post was edited by Eurpo-mir 8/7/2003 4:27:34 PM ***
Jeff's avatar
You were right about what, that there was a rumor? So what? Were you one of the people who bought PKS shares? That would just make you a seriously uneducated investor.

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Jeff - Webmaster/Admin - CoasterBuzz.com - Sillynonsense.com
DELETED! What time does the water show start?

This was a rumor floating around wall street not just on yahoo boards. Also article below says that SF is putting out feelers to sell the company.

http://www.nypost.com/business/2591.htm

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Army Rangers lead the way

They may not buy the chain, but some parks?

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