good earnings out--radar for back over 2.00--jmho
Posted by eddy on :
good earnings and 17 million short on just 76 million outstanding--good earnings today, and once shorts start covering--jmo--it will be great-- http://www.nasdaq.com/aspxcontent/sh...t&selected=SIX __________________
Posted by Spectacles on :
I'm in * 1.65
Posted by Spectacles on :
And down we go,,,I always shoot too soon.
Posted by eddy on :
quote:Originally posted by Spectacles: And down we go,,,I always shoot too soon.
jmo--I am in at 1.70--jmo--we will see over 2.00 this week--G/L
Posted by Spectacles on :
That would make me Posted by eddy on :
I have the feeling we will see a lot of buying this afternoon--G/L
Posted by eddy on :
will grab more if it goes under 1.60
Posted by Spectacles on :
If I see an upswing to the 2's I'll jump in for 5k probably.
Posted by Spectacles on :
I'm waiting for 1.60 to snatch another 2500
Posted by Spectacles on :
In at 1.60 for another 2500... I'm set,,let her go.
Posted by eddy on :
G/L--
Posted by eddy on :
they have over 1.00 a share in cash--not counting all the property they own--and made that big deal last week in the mid east
Posted by eddy on :
looks like they are loading up at 1.56 and 1.57--jmho
Posted by eddy on :
going back up--jmo-they shorted down from 1.70 and are covering--on the way to 2.00 short term--jmho
Posted by metal1 on :
ok, i'll take a shot at 1.6
Posted by eddy on :
The Devil Is in Six's Details By Rick Aristotle Munarriz March 10, 2008 0 Recommendations
Even if the economy throws more curves than its signature coasters, Six Flags (NYSE: SIX) is positioning itself to weather the storm this year.
This morning's quarterly report out of the regional amusement park operator is encouraging, with momentum carrying over after a robust finish to 2007, and a 42% surge in EBITDA (adjusted earnings before interest, taxes, depreciation, and amortization) projected for 2008.
Investors normally should not read too much into the final quarter of a company that relies on the summer season to drive the bulk of its performance, but the abridged results bear pointing out.
Thanks to a healthy December, Six Flags' revenue climbed 7% to $112.1 million. With a 4% spike in per-capita spending, stacked on top of a 4% increase in turnstile clicks, the company's top-line results topped Wall Street's expectations. It missed on the bottom line, though. The net loss from continuing operations widened -- from $1.12 a share to $1.43 a share -- but the deficit is padded by non-cash charges like accounting for the removal of poorly performing rides as well as additional stock-based compensation.
Perhaps the biggest news out of this morning's conference call is the upbeat outlook and improved recent performance. A strong December has carried over into year-over-year improvement so far during the first quarter. Sure, most of the parks are still closed, but it's encouraging to see Six Flags improving despite higher gasoline prices and an iffy economy. Those factors may actually be helping the company as locals spring for attractively priced season passes as a substitute for costlier getaways further away.
The company's guidance calls for $270 million in adjusted EBITDA this year, well ahead of the $189.5 million it generated last year. That is based on flat attendance and a modest 1% rise in guest spending. If admissions climb by 3% during the year instead, Six Flags would post its first year of positive free cash flow in recent history.
The cheery outlook was enough to send battered shares of the company soaring 12% at the open, but that's what the market gets for assuming that Six Flags was just going to keel over and file for bankruptcy.
Six Flags is a speculative enigma. Despite the puny market cap, its enterprise value is padded by a whopping $2.2 billion in long-term debt. That is the kind of leverage that will kill you in bad times but pay off handsomely on the other end of a turnaround
Posted by eddy on :
I love this part--------------------The company's guidance calls for $270 million in adjusted EBITDA this year, well ahead of the $189.5 million it generated last year. That is based on flat attendance and a modest 1% rise in guest spending. If admissions climb by 3% during the year instead, Six Flags would post its first year of positive free cash flow in recent history.
Posted by eddy on :
Monday, March 10, 2008 - 2:58 PM EDT Dan Snyder's Six Flags boosts attendanceWashington Business Journal - by Jeff Clabaugh Staff Reporter Print Article Email Article Reprints RSS Feeds Add to Del.icio.us Digg This Related News $897K being raised for Glens Falls group home [Albany] Six Flags considers selling more parks, eying big budget cuts [St. Louis] Building base by tapping friends [Columbus] Six Flags is still losing money, but the theme park chain cut losses and boosted revenue after seeing park attendance rise.
Six Flags, controlled by Redskins owner Dan Snyder, reports a fourth quarter net loss of $126.9 million, or $1.39 per share, compared to a net loss of $189.7 million, or $2.07 per share in the final quarter of 2006.
Revenue rose seven percent to $112.1 million.
Six Flags, which sold eight theme parks to help pay down debt last year, had 2.8 million visitors at its parks during the quarter, up 3.7 percent. Park goers also increased their spending by 3.5 percent.
Six Flags (NYSE: SIX) last week announced a partnership with Dubai Holding LLC to develop its first theme parks outside of North America
Posted by Spectacles on :
Nice DD eddy,,,many thanks,,lets see what happens..GLTU
Posted by eddy on :
quote:Originally posted by Spectacles: Nice DD eddy,,,many thanks,,lets see what happens..GLTU
thanks--there was a small 1.72 trade in after hours--hope it will happen today
Posted by eddy on :
good read from another board---------------------------------------------SIX FLAGS STRATEGY IS CONTEMPORARY 10-Mar-08 10:42 pm Six Flags has a strategy that is relevant to the times we live in. The wealth creation in the Middle East and Asia will be tapped by Six Flags. During recent times the real value of most American's net worth has declined. How? Much higher costs for crude oil affects all Americans who participate in society in an indirect manner due to higher gas prices. Gas to fuel cars, trucks,trains & planes has made a huge rise in price and the consumer pays. Many food commodity prices have gone up, thus as everyone eats food all who pay for this food are spending more. As home ownership is about the highest it has ever been and home equity values are falling in most markets homeowners have less net equity thus less net worth. Many people now have negative equity in their homes. As the $US is now worth a lot less in foreign currency terms than 1 ,2 & 3 years ago many Americans can now only afford to take vacations close to home assuming they have enough money to take any vacation. And those close to a Six Flags can have a great day trip instead of a costly vacation. There are now more parks with features for smaller children. The Six Flags management recognizing the large increases in wealth in both the Middle East and Asia have stepped up to the plate and will be tapping into a new source of revenue. Having others pay for new parks overseas is a smart strategy. Six will receive cash from these new parks without spending the huge amount of capital to build these parks. Once built and running royalty money flowing to Six Flags every year. And another aspect is geographical diversification. __________________
Posted by Spectacles on :
I was able to grab a few more at 1.57 yesterday. I'm thiinking we may see a pop today but I might just hold til friday.
Posted by eddy on :
quote:Originally posted by Spectacles: I was able to grab a few more at 1.57 yesterday. I'm thiinking we may see a pop today but I might just hold til friday.
This is the turn up for SIX-this is from yesterday-------Six Flags, which sold eight theme parks to help pay down debt last year, had 2.8 million visitors at its parks during the quarter, up 3.7 percent. Park goers also increased their spending by 3.5 percent. visits up-3.7% increased spending up-3.5% now read this comment from yesterday,which looks like it is going to happen-------------------------The company's guidance calls for $270 million in adjusted EBITDA this year, well ahead of the $189.5 million it generated last year. That is based on flat attendance and a modest 1% rise in guest spending. If admissions climb by 3% during the year instead, Six Flags would post its first year of positive free cash flow in recent history.
Posted by eddy on :
I look for some short covering today--and the DOW is way up this morning---17 million short here could move it up really good--G/L
Posted by eddy on :
shorts trying to cover some--jmho
Posted by eddy on :
from another SIX board------Bill Gates still hanging on! 16 minutes ago Cascade investments is still a large holder in this company. If Bill Gates didn't see a turn around in the future I wouldn't think he would still be into it. I know that relative to his portfolio it's not much money but I don't think he would want to sink money into something he thought would fale. Does anyone think he has conference calls with NY and stays on top of their moves. Just my opinion. Wanted to see what anyone else thinks. Mark should try to convince him into paying down a large portion of the debt in return for unlimited season passes to any parks. lol
Posted by Spectacles on :
Even though Bill is more of a techie than a financial guy he knows how to make money. I don't believe he holds dead wood at all. You don't compile billions of dollars by investing in losers,,GLTU on this... Posted by eddy on :
quote:Originally posted by Spectacles: Even though Bill is more of a techie than a financial guy he knows how to make money. I don't believe he holds dead wood at all. You don't compile billions of dollars by investing in losers,,GLTU on this...
I agree, it looks like a few of the shorts are trying to cover the last 15 minuites--G/L
Posted by eddy on :
looking great--jmo--over 2.00 this week
Posted by Spectacles on :
Agreed,,have you checked out TMA today? Posted by BooDog on :
in at 1.68. Ready to roll once again. Good flipper.
Posted by eddy on :
great!! jmo--over 2.00--looks like some of the 17 mil. shorts are trying to cover today
Posted by BooDog on :
I'm out. But I'll be back!
Posted by eddy on :
G/L--radar CC also
Posted by Ace of Spades on :
Great play guys....
It's done well, but It isn't a good long term play right now IMO...If there's a recession I don't think taking the family to six flags will be a high priority!
Posted by $tock Weazel on :
quote:Originally posted by Ace of Spades: If there's a recession I don't think taking the family to six flags will be a high priority!
hahhahah!!!! that true. Posted by BooDog on :
Agree Ace. Thanks & Cheers! I wasn't ready to stick with this one on this run yet. Chart does look pretty good though.
Posted by BooDog on :
1.81 biotch!
Posted by Spectacles on :
I'm out at 1.78,,,nice gain for a quick click.
Posted by BooDog on :
I didn't trust my charts enough with the crap that's been going on.
Posted by Low Bawler on :
I'm amazed there's not a thread dedicated for TMA. I've flipped this three times over in as many days (I know there's alot more aggressive flippers than this but this is a lot for me...lol)
I think there's still a lot of room for TMA to run. I'm looking forward to tomorrow and subsequently the following week.
GLTA who found this little gem!!
Posted by Low Bawler on :
Sorry, I meant to quote Spectacles to make my post relevant to this thread. My bad...
Posted by eddy on :
time to load the boat-1.62 now
Posted by eddy on :
their busy season is spring and summer--jmho--this will be a good hold for months--jmo--up from here--G/L
Posted by eddy on :
shorts starting to cover going into summer-by charting it-looks like it went in the 2.00's when they covered a little--jmo-- http://www.nasdaq.com/aspxcontent/shortinterests.aspx?mode=&kind=shortint&timefr ame=&intraday=&charttype=&splits=&earnings=&movingaverage=&lowerstudy=&compariso n=&index=&symbol=six&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&sym bol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&sym bol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&FormType=&mkttype=&pathname =&page=short&selected=SIX
Posted by eddy on :
Six Flags, which sold eight theme parks to help pay down debt last year, had 2.8 million visitors at its parks during the quarter, up 3.7 percent. Park goers also increased their spending by 3.5 percent.---------------------------------------------- --------------- they will turn around this year--jmho
Posted by eddy on :
went to 1.80--now time to reload--lot of volume today--jmo--shorts trying to cover before busy season
Posted by eddy on :
ask side real thin--back to 1.80 today--jmho
Posted by eddy on :
break 1.70-jmo--it goes up faster--G/L
Posted by eddy on :
thanks---I would say that happens when you are in the business Six is-- I did not know that, the owner of the redskins football owns six flags?? someone said that
Posted by eddy on :
So many that Thursday, Six Flags Over Texas had to turn people away at the gate and stay open an hour later than usual, then open 30 minutes early Friday. The dense crowds extended past the full parking lots to clog traffic on Texas 360.
"At one point yesterday, our park was at capacity," Sharon Parker, a park spokeswoman, said Friday. "We assessed the situation and temporarily closed admittance."
That happens occasionally but has been rare in recent years. The park doesn't have a set maximum capacity. Rather, the park president assesses the crowds and length of lines at the rides and makes the call to close the gates when crowd size threatens to cramp the experience of those already in the park.
On Friday, Jay Hawk of Comanche, headed to the park with his son.
"The weather was nice," Hawk said.
The circulation of spring-breakers, paired with the holiday weekend, added to the street traffic around Six Flags and contributed to backups at Texas 360, police and transportation officials said.
"We've had a few accidents," said Lt. Blake Miller, Arlington police spokesman.
Parker attributed this week's booming attendance to:
Pleasant weather. The high Friday was a mild 74 degrees with sunny skies. "This is the perfect weather we hope and dream and pray for," Parker said.
Sale-priced admission. The park has a promotion, with all tickets at $29.99 each.
Christian youth weekend. The park brought in numerous church groups for fun during the day and Christian concerts Friday and Saturday nights.
High gas prices. "I think a lot of families have decided they are going to stay a little closer to home this spring break," Parker said.
In recent years, bad weather has been cited as one reason for the amusement-park chain's declining revenues. Last spring and summer were among the rainiest on record.
Last year's extremely rainy season made it an especially challenging time to run an outdoor theme park. During spring break 2007, Six Flags had to close at noon one Saturday and stayed closed Sunday when flooding became a problem
Posted by BooDog on :
Watching NINE also, same stick. There are some differences in the indicators like acc/dist is moving up on nine and down on six... so we'll see how they perform for comparison.
Posted by eddy on :
ok--will radar--thanks
Posted by jgrecoconstr on :
If you were going to buy this for a hold I would be careful. They just had a contagious virus in their new indoor water park here where like 60 people got very ill. I'm sure there will be a lawsuit filed in the next couple weeks if not several.
Posted by eddy on :
grabbed more at 1.70--G/L--back over 2.00 short term imho
Posted by eddy on :
specialist are sitting at 1.70 bid and taking all that want to sell.--jmo-watch for them to fill a large block buy this afternoon at a higher pps.
Posted by eddy on :
last 2 days--100 share trades all day long. a bunch of them. thoughts?? __________________
Posted by eddy on :
looking good--new support at 1.69 replacing the old support of 1.60--looking very positive to head on up. just waiting for the big break--G/L
Posted by eddy on :
thoughts!! 100 share trades at the ask have been going on for days, every minuite or two. all day long?? any thoughts? thanks __________________
Posted by Alienheat4 on :
What's going on with this stock? It looks set up for a decent run up but the volume continues to weaken on a daily basis. Thoughts?
Posted by eddy on :
not sure--but I think shorts will cover before six's busy season of spring and summer
Posted by eddy on :
loaded more--good buy here--jmho
Posted by eddy on :
bullish candle today--G/L
Posted by BooDog on :
SIX SIX FLAGS INC 100 $1.64 $1.66 $166.00
just a wee position. lol.
Posted by eddy on :
anyone show last at 1.81?? thought i saw 20k go at 1.81?? thanks
Posted by BooDog on :
yep
after hours looks to be 1.60 and then 1.74 but not sure if any went through. closed the window.
Posted by eddy on :
I show about 200k has been bought at 1.81!!
Posted by BooDog on :
We'll see what happens tomorrow eh?
Posted by eddy on :
if it is true--we go above 2.00 tomorrow--G/L
Posted by BooDog on :
quote:Originally posted by eddy: if it is true--we go above 2.00 tomorrow--G/L
I wouldn't add without reason, could be a mm headfake. Not saying don't. Just saying what I am thinking. Mine is a long position but if I had more I may consider taking profits or a flip if it did hit 2. Good luck.
Posted by Alienheat4 on :
That after market quote of 1.7 seems rather low after the 1.81 close. Are we looking at a pullback tomorrow?
Posted by eddy on :
SIX done 723k volume after hours at 1.81! gap tomorrow--eom
Posted by eddy on :
Glad I bought more yesterday!! G/L all!!
Posted by eddy on :
look at the last time we had a long white gap candle--we went to 2.40-we got the gap candle yesterday again-jmo-low to mid 2.00s. again-- http://stockcharts.com/h-sc/ui?s=SIX...d=p05583933221 __________________
Posted by eddy on :
45 day is bullish------------------------------------Moving Average Indicators 15 Day Trend Bullish
Long black candlestick today, retracting it back to 1.64. Doesn't seem like the stock can gain any upward momentum.
Posted by BooDog on :
Sometimes it is better to walk away from the screen for a day or 2. Such drama in the market! LOL
Posted by eddy on :
yes, hard to watch every day
Posted by eddy on :
bad pick on my part--sorry-I am out, shorts have a death grip on SIX--G/L longs __________________
Posted by eddy on :
I bought back on this news---AP Six Flags, Signs Deal With Gulf Finance Tuesday April 15, 9:33 am ET Six Flags in Licensing Deal With Gulf Finance on Possible Development of Theme Parks in China
NEW YORK (AP) -- Theme park operator Six Flags Inc. said Tuesday it signed an exclusive licensing deal with Bahrain-based investment bank Gulf Finance House B.S.C. to possibly bring its theme parks to China. The one-year agreement gives Gulf Finance the right to license Six Flags brand and related intellectual property to develop theme parks in China.
The deal also gives the two companies the option to work together on a potential Six Flags-themed luxury resort
Posted by eddy on :
Press Release Source: Six Flags, Inc.
Six Flags and Gulf Finance B.S.C. Sign Exclusive Licensing Agreement Tuesday April 15, 9:00 am ET Collaboration Explores Bringing the Six Flags Experience to China
NEW YORK, April 15 /PRNewswire-FirstCall/ -- Six Flags, Inc. (NYSE: SIX - News), the world's largest regional theme park company, announced today it has entered into a one-year, multi-million dollar exclusivity agreement with Gulf Finance House B.S.C., a publicly traded Islamic Investment Bank in the Kingdom of Bahrain. Under the agreement, Gulf Finance will pay for the exclusive right to license the Six Flags brand and related intellectual property for theme park development in the People's Republic of China. Additionally, the two parties may collaborate on the future construction of a Six Flags-themed luxury resort. The deal was unveiled today by Six Flags President and CEO Mark Shapiro and Gulf Finance House Acting CEO Peter Panayiotou. ADVERTISEMENT
"This partnership underscores the renewed health of our brand and the opportunities that now lie ahead for our unique thrill park experience," said Shapiro. "We're excited about the potential of collaborating with Gulf Finance House to bring the new Six Flags and its recharged product to an entirely new audience."
"We were proud to facilitate Six Flags' introduction to Dubai and are now thrilled to be partnering with Six Flags ourselves," said Panayiotou. "Our goal is to create an exciting, state-of-the-art tourist destination in China that will draw travelers from around the globe. Six Flags is recognized as a world leader in the entertainment and theme park industry. The experience and brand loyalty they bring to the table is unmatched."
China is the world's largest and most populous country and quickly becoming a preeminent destination for international travelers. According to the World Travel and Tourism Council's 2006 Report on China, the country's travel and tourism industry generated $353.7 billion in 2006 and is expected to grow to $1.3 trillion in 2016. As China's economic and industrial expansion evolves, its need for imported goods and services also will increase. Welcoming the world as the host of the 2008 Olympic Games this summer, The People's Republic of China is poised for a Six Flags venture and offers a ground-breaking opportunity for the company to create a new generation of park-goers on a global stage.
About Six Flags, Inc:
Six Flags, Inc. is the world's largest regional theme park company with 21 parks across the United States, Mexico and Canada. Founded in 1961, Six Flags has provided world class entertainment for millions of families with cutting edge, record-shattering roller coasters and appointment programming with events like the popular Thursday and Sunday Night Concert Series. Now 47 years strong, Six Flags is recognized as the preeminent thrill innovator while reaching to all demographics -- families, teens, tweens and thrill seekers alike -- with themed attractions based on the Looney Tunes characters, the Justice League of America, skateboarding legend Tony Hawk, The Wiggles and Thomas the Tank Engine. Six Flags, Inc. is a publicly-traded corporation (NYSE: SIX - News) headquartered in New York City.
About Gulf House Finance:
Founded in 1999, Gulf Finance House (GFH) has grown rapidly to become one of the most respected investment banks in the Middle East region in terms of the quality and innovation of its product offerings. Over an eight-year period Gulf Finance House has successfully launched economic infrastructure development projects and investments with an aggregate end value exceeding US$20 billion and received numerous awards for its innovative approach to Islamic banking and finance. Its shares are actively traded on the London Stock Exchange (GDR), the Kuwait Stock Exchange, the Bahrain Stock Exchange and the Dubai Financial Market. 2007 was the most successful year in the banks' history, closing with a net profit of US$ 340 million, an increase of 61% compared to the previous year.
GFH is the first Islamic investment bank to be awarded an investment grade credit rating by Standard and Poor's, who have awarded the bank with an investment grade credit rating of BBB-. Moreover, Capital Intelligence (CI) has rated Gulf Finance House's Foreign Currency Long-Term and Financial Strength at BBB+.
In reflection of its international reputation, Gulf Finance House has won numerous local and international awards including "Best Investment Bank" for each of the past three years, awarded by The Banker Middle East, "Best Islamic Investment Bank" by World Finance in 2007, "Bank of the Year 2006" awarded by Arabian Business Magazine and "Best Islamic Real Estate Finance House" awarded by Euromoney.
-------------------------------------------------------------------------------- Source: Six Flags, Inc.
Posted by eddy on :
I have to go back to work for about 7 months!! boo hoo!! oh well. I will check in from time to time--hope everyone makes big bucks!! I am selling F-COT-USU-VM-IAR-AVR and putting it all in SIX to let it ride for the summer--G/L all __________________
Posted by eddy on :
SIX-ceo going to be on cnbc in a minuite
Posted by eddy on :
anyone find the link to see what time the ceo is going to talk? they said a few minuites 30 minuites ago--thanks __________________
Posted by eddy on :
when ever we see buying pressure and the 19 million shorts get scared--we fly past 2.00 quickly--95 million out and 18.5 million of that is short-- http://www.nasdaq.com/aspxcontent/sh...t&selected=SIX __________________
Posted by eddy on :
with institutions owning 75%--we have to wait until they want to run the pps--at least-Now they have big money behind them----------Founded in 1999, Gulf Finance House (GFH) has grown rapidly to become one of the most respected investment banks in the Middle East region in terms of the quality and innovation of its product offerings. Over an eight-year period Gulf Finance House has successfully launched economic infrastructure development projects and investments with an aggregate end value exceeding US$20 billion and received numerous awards for its innovative approach to Islamic banking and finance. Its shares are actively traded on the London Stock Exchange (GDR), the Kuwait Stock Exchange, the Bahrain Stock Exchange and the Dubai Financial Market. 2007 was the most successful year in the banks' history, closing with a net profit of US$ 340 million, an increase of 61% compared to the previous year.
GFH is the first Islamic investment bank to be awarded an investment grade credit rating by Standard and Poor's, who have awarded the bank with an investment grade credit rating of BBB-. Moreover, Capital Intelligence (CI) has rated Gulf Finance House's Foreign Currency Long-Term and Financial Strength at BBB+.
In reflection of its international reputation, Gulf Finance House has won numerous local and international awards including "Best Investment Bank" for each of the past three years, awarded by The Banker Middle East, "Best Islamic Investment Bank" by World Finance in 2007, "Bank of the Year 2006" awarded by Arabian Business Magazine and "Best Islamic Real Estate Finance House" awarded by Euromoney __________________
Posted by eddy on :
Six Flags aims to become content company like Disney Tuesday April 15, 10:52 pm ET By Ryan Nakashima, AP Business Writer CEO of theme park operator Six Flags says aim is to become entertainment company like Disney
LAS VEGAS (AP) -- Theme park operator Six Flags Inc. is aiming to become an entertainment company with its own characters to entice thrill-seekers to its parks much like The Walt Disney Co., its chief executive said Tuesday. ADVERTISEMENT
Mark Shapiro, a former ESPN executive who took the helm of money-losing Six Flags in December 2005, made the comments in a keynote speech at the gathering of the National Association of Broadcasters.
He said Six Flags' previous strategy was based on its roller-coaster hardware, but now it would focus on building anticipation to its rides through stories and characters, while upgrading the attractions.
"Approaching Six Flags is like building Disney, backward," he said. "The focus and the root of all and everything we do is the storytelling itself."
The strategy was to "build the characters, build the story around it, build the emotion, the drama ... as opposed to just putting rides up on cement."
Since becoming chief executive, Shapiro said the New York-based company has invested $100 million in revamping its business model, including purchasing half of Dick Clark Productions Inc., producer of such events as the Golden Globes, last year.
The production company's archived footage will be used to promote the park and entertain guests while they wait in lines for rides and food, while providing a vehicle for advertisers.
Ad revenues and licensing deals abroad are expected to add $50 million in new revenue this season, he said.
"We have 25 million-plus (visitors) spending up to 10 hours a day in our parks every summer," Shapiro said. "That's a captive audience like no other."
Six Flags said its revenue in the fourth quarter of last year rose to $112 million from $104 million in the previous year, while its net loss shrank to $132 million from $195 million.
The company, which operates 21 parks in North America and Mexico, also plans to help develop a Six Flags theme park in Dubai.
On Tuesday, the company also announced it is canceling plans to build a $7 million "Dark Knight" indoor roller coaster at its Six Flags New England park.
SIX had a bullish candle this morning--eom
Posted by nycpma on :
eddy, how many shares did you invest in six flags?
Posted by nycpma on :
earning was just out, which is extremely postive.
Posted by eddy on :
lol--a bunch
Posted by metal1 on :
almost 2 now. i'm selling some
Posted by metal1 on :
holding strong. 2.28 now
Posted by eddy on :
load under 1.40--way oversold
Posted by StockterDoLittle on :
quote:Originally posted by eddy: load under 1.40--way oversold
Not sure what you mean by that. Would you mind explaining? TIA
Posted by metal1 on :
i think all the accidents have hit this one. not to mention the poor economy. might be time to reload at the 1.20 price though
Posted by metal1 on :
just bought a little at 1.10
Posted by Ace of Spades on :
SIX is almost under $1 and RSI is under 20....It's getting crazy now!!!
Posted by metal1 on :
BK filing on the way??
Posted by metal1 on :
guess not, huge comeback today. they say they might be cash flow positive 1st time ever.
Posted by metal1 on :
well, after trading .25 on the 16th it's back over $1. interesting.
Posted by metal1 on :
1.25 now. nothing new on the wires that i see.
Posted by R1 Man on :
quote:Originally posted by metal1: well, after trading .25 on the 16th it's back over $1. interesting.
Next time you see a OVERSOLD stock like this one....let me know and send me a PM. (I try to stay away from Hot Stocks Free for All! because of all the new people and BS posts). But hell....let me know.
Posted by metal1 on :
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