I checked today, and it's at 77 cents a share and it looks like it's going to keep going down. I don't think SF will be going bankrupt, so I think soon may be a good time to buy this stock. When it looks like it's starting to go up, I think I'm going to buy some. With the price it is at now, a little money can buy a lot of it. That means even if it goes up a little, you will still make a lot of money.

Also, some of the benefits of stock ownership are that you get to vote for the company officers like the CEO. If you don't like what Shapiro gives us next year, then you can give him the boot when they do voting.

What are your opinions?

I would like to help them. BUT I don't have a lot of money to help them. :(

I hope they would make it though next season.

Helping them is not my reason for wanting to buy the stock; I just want to make money :P

Besides, you can buy a lot of shares for very little money. It closed at 84 cents today. This means if you bought say 500 shares, it would cost $420.00 plus broker fees. 500 shares of any stock is a lot for people like us (by us I mean people who don't trade stocks often or have much of a portfolio). When it finally goes back above $1, you'll stand to make about $75. Hopefully the company will do even better and the stock can break $5 a share. That would be a huge return. Of course you need to sell it at that point to release the money.

Sorry, but you have no idea how stock works.

Six Flags has 30 days to raise their stock above $1.10, or they aren't allowed to be traded.

The stock hasn't risen significantly in years. It's gone down significantly. Buying the stock at 77 cents is a huge risk...but if the stock someday does rise, you'll make tons of money.


But, that's a big if. In fact, I can only think of one company that pulled out of near bankruptcy...United. That was a 67 cents after 9/11, and for awhile it was trading at 52 bucks....now it's at $3.13

No, you are wrong. They may be delisted from the NYSE in a few weeks and simply go to another exchange market called the OTC (for Over the Counter). The OTC is for stocks that are very low and probably useless. As long as the company exists (or doesn't declare bankruptcy), it will always be traded.

If it was never allowed to be traded, then the share holders would be pissed since they can no longer even sell the worthless shares they have.

There are stocks that are barley worth a penny and are still traded, just not on the major markets. Example, http://finance.yahoo.com/q?s=plfm.pk&d=t
That stock is worth just over a penny, and it can still be traded, however they are not listed on the major markets like the NYSE, S&P 500, or NASDAQ.

I have fairly detailed conversations with my father several nights a week about stock trading and options, and have even been to the CBOE. I have a fair idea how this works. I am not completely clueless on this matter as you seem to indicate.

Please state the source that said it cannot be traded if it does not hit the level you indicated. I'm not so much interested in the price at which this event will happen, merely the fact that its trading will be stopped entirely.

How is this company going to rebound? This company is the toilet right now, and the CEO is horrible. This company was going to put in a mouse coaster in SFNE, and because it was going to take some weeks later, they said forget it, and lasted how much money. They put one stinking train ride in Magic Mountain, and think the families are going to come like anything. No one is showing up. They rip out Deja Vu and Splash Water Falls at out park, and leave it a wasteland. They rip out how many rides at how many parks, and don't replace them with anything. Tearing out rides at Magic Mountain are improvements which is very sad. How is that so?

A good portion is this F*cked up economy with $4.35 gas, $25 parking, what was a $55 ticket, plus $15 for burgers or soda drinks. If we only knew how much six flags waste keeping matience on Deja Vu but the park does stink without it Vu but thank god we got bull but that line seems like it is much longer now that we don't have Vu.

P.s. I don't see how fair it is that they don't take out Magic Mountain's Vu out, usually if it is that much costly then take all of them out.

Oh, I thought I'd mention this; the stock closed at 48 cents yesterday. Due to after hours trading, it went up and opened at 66 this morning. It is currently at about 91 cents (sources vary based on what you look at since it's all time delayed). I think there is the potential to bounce back here.

I read an article about the stock today, and it ended with this quote:

"Note to Shapiro: Hand in this week's stock chart to a coaster designer. It will make a killer ride."

Epic lulz

Yep. Going up 50 cents sure is a great sign of things to come.


I'll be interested if and when it gets up to where it was before Snyder and his cronies took it over.

The fact is the company has FAILED to significantly increase attendance (who didn't see that coming, with removing of rides and increasing ticket prices). They still have a mountain of debt. They are selling assets quickly. They are hanging on by a thread.

Just because a stock is cheap doesn't mean it's a good buy. You have to look at a companies business practices to see WHY their stock is cheap. I don't think your dad told you otherwise, unless he's an idiot.

He did advise me about the stock and why it would be so cheap. I was quite aware that there was the possibility of it going lower than it already was. I really don't see the company going away though, so buying the stock while it is this low would eventually pay off. I by no means think it is a great investment, but again I thought it will pay off.

I'd still like to see where you saw that the stock cannot be traded after a certain point.