Will this be Six Flags last summer?

Tuesday, July 1, 2008 3:34 PM
Ha, $1.02. Can you go any lower? *** Edited 7/1/2008 7:34:42 PM UTC by Spinout***
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Tuesday, July 1, 2008 3:40 PM
The New game at Six Flags for 2009!
Limbo Stock!
How low can YOU go?
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Tuesday, July 1, 2008 3:57 PM
$1.01!!!! When will CF pounce? Get's any lower I might be able to afford SF!!!
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Tuesday, July 1, 2008 4:00 PM
Wait a minute: did Chuck really just say that he enjoyed a visit to Six Flags?

Did no one else see that?

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Tuesday, July 1, 2008 4:10 PM
It rebounded! All the way up to $1.05 at close.
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Tuesday, July 1, 2008 4:12 PM

Brian Noble said:Did no one else see that?

I did. Send me an urgent email when he says something nice about KI and/or flyers. :)

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Tuesday, July 1, 2008 4:31 PM
http://www.forbes.com/feeds/ap/2008/07/01/ap5173573.html
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Tuesday, July 1, 2008 4:57 PM
Maybe we should pool our money tonight and buy the company tomorrow.
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Tuesday, July 1, 2008 5:17 PM

Brian Noble said:Wait a minute: did Chuck really just say that he enjoyed a visit to Six Flags?Did no one else see that?

Uh yeah! It was a friday and very busy and the longest wait was Kingda Ka at 15 minutes. I take everything I ever said bad about that coaster as it's exactly what that park needs to draw away from all the other great traditional and boardwalk parks in the area.

Grannys buffett was 15.99 and was good. Even had gravy, How can you go wrong with Gravy!

I liked El Toro but I don't get it. Wait both times was 10 minutes or less.

Dark Knight! The jokes on you :)

The park was immensley clean, food was good, Waits very tollarable. Security out the wazoo. No sense of gang activity. Lots of all ages in the park and not just juvinilles. The only thing Id change is the no carry on policy. Makes no sense to make people get a locker for fanny packs and then make them sit on their shoes on Nitro.

Chuck

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Tuesday, July 1, 2008 5:21 PM

matt. said:

Brian Noble said:Did no one else see that?
I did. Send me an urgent email when he says something nice about KI and/or flyers.

Ki has improved. A little, Not a lot. It still needs a lot of things but is better and has better leadership than Paramount who would dump millions in half assed theming instead of the ride. Remove two rides to put in one ect then find out oops, we could have kept that.

I've enjoyed my visits to KI under CF. The parks just old to me. The feel is starting to change a little towards the KI of old with the Knievel Jumps, Wallendas ect. Get the Dog Fights and ballon launches back :)

Chuck

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Tuesday, July 1, 2008 5:22 PM
Maybe Starbucks will buy them. They're dumping 600 locations so they should have plenty of money.
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Tuesday, July 1, 2008 5:31 PM

All the way up to $1.05 at close.

Drop it from high enough, and even a dead cat bounces. ;)
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Tuesday, July 1, 2008 6:32 PM
I think I read somewhere (probably one of the articles posted in this topic) that if it keeps going any lower, it will disappear off the stock market!

I also don't think any single company or other chain would be looking into buy the entire Six Flags company at this point. (But I'm sure I am wrong).

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Tuesday, July 1, 2008 6:38 PM
I'm a big dummy when it comes to stocks and stuff so I'll ask -

What happens if it goes lower? $1.05 is like...really really low, correct?

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Tuesday, July 1, 2008 6:44 PM
Chiquitta in Cincinnati went down to a dollar about four or five years ago. The stock marked actually locked the stock at that price for a period before opening it back up. A year later it was 9 dollars a share meaning a lot of people got rich cheap. It's called profit taking and you can make a lot of money and loose very little if something happens. 1000 dollars turns into 9000 in less than a year.

Also i see it as one of the major problems with the stock market. Long term investments are always the way to go and these profit takers manipulate it keeping it in a constant state of influx.

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Tuesday, July 1, 2008 6:51 PM

matt. said:
What happens if it goes lower?

It's worth less...the stock that is.


$1.05 is like...really really low, correct?

For SF, yes. For stocks in general, no.

The price of the stock is mostly (to my understanding) simply indicitve of what investors think of the stock. A company could technically be fine, but if people don't like it the stock will drop.

All this means is that investors aren't real confident in SF.

Someone with more knowledge care to elaborate more (or correct me, if needed). Trying to keep it simple.

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Tuesday, July 1, 2008 7:41 PM
A somewhat off topic question but relevent to the situation. Is there anything that would be the opposit of a stock split, and if so, at what point would a company look at doing something like that?
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Tuesday, July 1, 2008 7:54 PM
Yes, there's a reverse split.
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Tuesday, July 1, 2008 8:37 PM
If you bought every single share of the company, then its debt is your problem. It doesn't magically go away when the company is sold.

The market is completely irrational right now. This isn't the time to be selling off your stuff, it's the time to buy. Just buy more rational things like mutual funds or index funds. I wouldn't buy any individual stock right now. Except maybe Apple.

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Tuesday, July 1, 2008 10:30 PM

IntaminHater said:
Ronman, stop going to SFGAm!

You only have bad things to say about them and yet your stories make it sound as if you visit often to enjoy the same awful experiences you claim to keep having. Do everyone a favor please stop going to that park. Let those that enjoy it enjoy it and let everyone stop hearing you complain.


GAm is my homepark, and since around '95 I've visited the place 2+ times a season, with the tally reaching insane proportions from '99-'03 (nearing 20 times *shudder*). Since then, sad to say there is something different about Great America. Exactly what that is I can't quite put my finger on, because it's not ONE thing. It's not the ride removals- despite the fact that they've taken two of the ones I enjoyed out (Shockwave, Deja Vu) and replaced them with nothing special (some mice and fluff). The park still has an above average collection, so that complaint is not valid.

The atmosphere of the place is different. This isn't anything about charm or shrubbery, just little things that add up to annoy me. The corny music played over loudspeakers that I'd never admit in public I was fond of has been replaced with the same 3 Mtv songs looping all day, or nothing at all (or commercials). The midways seem so cluttered today (well, yesterday when I visited for the first time in 2008) compared to 3 years ago. Fountains and open spaces have been replaced with game stands while many of the stands already in place were shuttered. Revolution, Mardi Gras, and Wiggles World have literally been placed in the middle of walkways creating bottlenecks.

You could literally trip and fall on a commercial. I realize ad revenue is required for the park to thrive, but c'mon now. It's sad because I used to enjoy the place so much, and wish I could continue doing so. I was going to write a trip report after my visit but thought a thread like this might be an acceptable place for these thoughts.

*Edit* The parking situation is a laugh. It started out at $10 (until 2004?), then $10 with the first row or two being "vip" and costing $20, and that's devolved to $25 for the entire front lot, and if you insist on being a nuisance, you can pay $15 and park somewhere in south wisconsin where the sun don't shine.

*** Edited 7/2/2008 2:44:12 AM UTC by BullGuy***

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