Published: April 9, 2009 at 3:06 PMIt's a bummer to see this happen, but as Shapiro said, every company is taking a major blow around now. My Disney stock is lower right now than it was when I bought it nearly four years ago!
If I had the money to invest, I'd be putting some into Six Flags right now...
Published: April 9, 2009 at 3:22 PMMy gut tells me that they will be alright for now. After all, Mr. Six is back in their commercials.
Published: April 9, 2009 at 4:17 PMLook on the bright side. Six Flags stock has doubled in the last couple weeks. I've seriously been thinking about investing. The loss would be minimal, while the gain could pay off. I really don't think Six Flags is done.
Being on the New York Stock Exchange isn't exactly the mark of a great company these days..it's very volatile, and I don't think that some investors are thinking straight. It raises a point that going public may not always be the best thing for some companies.
Six Flags seems to be turning things around, but it takes time and money and they are at the mercy of the stockholders, which isn't a good thing these days.
Published: April 13, 2009 at 6:49 AMMr Six is pretty much back as spokesman. I was at SFoT Friday and it was all Mr. Six all the time while waiting in queue to ride.
On the delisting, this may play to SFs advantage. Seeing the parks are doing well with attendance, it maybe the leverage it needs to get things uprighted properly.