Allstocks.com's Bulletin Board Post New Topic  Post A Reply
my profile login | register | search | faq | forum home

  next oldest topic   next newest topic
» Allstocks.com's Bulletin Board » .11 and Up! » SIXF - 200% by June

 - UBBFriend: Email this page to someone!    
Author Topic: SIXF - 200% by June
DaWook
New Member


Rate Member
Icon 1 posted      Profile for DaWook     Send New Private Message       Edit/Delete Post   Reply With Quote 
Solid Pick. Period.

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.

http://www.google.com/finance?hl=en&q=sixf&um=1&ie=UTF-8&sa=N&tab=we
http://news.moneycentral.msn.com/provider/providerarticle.aspx?feed=ACBJ&date=20 090508&id=9885853
http://money.cnn.com/news/newsfeeds/articles/prnewswire/200905080730PR_NEWS_USPR _____NY13536.htm


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  |  IP: Logged | Report this post to a Moderator
oldseven
Member


Rate Member
Icon 1 posted      Profile for oldseven     Send New Private Message       Edit/Delete Post   Reply With Quote 
SIXF - .17


Six Flags files for Chapter 11 protection

New York-based Six Flags Inc. filed for Chapter 11 bankruptcy protection in the District of Delaware on Friday.

The company's reorganization plan, which has support from its lenders' steering committee and the administrative agent for its $1.1 billion senior secured credit facility, would deleverage Six Flags' balance sheet by about $1.8 billion and the elimination of about $300 million in preferred stock options.

“The current management team inherited a $2.4 billion debt load that cannot be sustained, particularly in these challenging financial markets,” said Mark Shapiro, president and CEO. “As a result, we are cleaning up the past and positioning the company for future growth.

“We will emerge from this stronger and more competitive than ever.”

The Chapter 11 proceedings are expected to have no effect on day-to-day operations at any of Six Flags' 20 amusement parks around the country, including its Great America park in Gurnee, Ill.

--------------------
Only ONE good stock away from retirement!

Posts: 493 | Registered: May 2009  |  IP: Logged | Report this post to a Moderator
   

Quick Reply
Message:

HTML is enabled.
UBB Code™ is enabled.

Instant Graemlins
   


Post New Topic  Post A Reply Close Topic   Feature Topic   Move Topic   Delete Topic next oldest topic   next newest topic
 - Printer-friendly view of this topic
Hop To:


Contact Us | Allstocks.com Message Board Home

© 1997 - 2013 Allstocks.com. All rights reserved.

Powered by Infopop Corporation
UBB.classic™ 6.7.2

Share