After being delisted to OTC, SIXF went from $0.16 to $0.58 from April 24th to May 7th. It settled down to $0.36 on May 8th and stayed between $0.35 and $0.37 from market open to close. They released their quarterly loss this Friday and have evaded the bankruptcy talks due to the slim difference in loss between this quarter and last years quarterly release along with increase in attendance by 2%. Their average volume is 1.94 Million shares, but have been trading 4+ Million shares/day over the last 3 days.
While their competitors are cutting costs and making cuts in their parks, SIXF's announced they will be launching several new attractions this calendar year.
For those of you who like the quick money makers like AFN and GNW (this week), then go for this one. Their prime time is summer which is 3 weeks away. This one's a rollercoaster to ride out.
If you reply to this post, please include the current SIXF trading price, I'm certain we will be seeing some agressive moves over the next 3 weeks.
Posts: 2 | Registered: May 2009
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Bought SIXF * .1840 in March and sold *.32 and took a nice 70% + profit. I may jump back in on this one 'cause I also think it will double in next 45 days.
Posts: 2 | From: Knoxville, TN | Registered: May 2009
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