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Six Flags could get de-listed or Reverse Split

Talk about anything that has to do with the amusement park industry here.
Postby onyxhotel08 on October 7th, 2008, 6:23 pm
How much is parking at Magic Mountain?
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Postby tp41190 on October 7th, 2008, 6:26 pm
I think this needs to be a smilie on our boards...

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Postby BP317 on October 7th, 2008, 7:24 pm
/\ Definitley

Universal Studios Hollywood = $12
Disneyland (DL & DCA)= $12
Sea World San Diego = $12
Knotts (Theme Park) = $10
Six Flags Magic Mountain = $15


Queue-skip prices:

Six Flags is still using paper flashpass tickets availible for $20 or $25 peak for 4 rides. They will be getting lo-q system soon so I would expect those prices to skyrocket when that happens.

Universal Studios front of the line pass is $120 (OUCH).

Sea World doesnt have quick queue (yet).

Knotts has no queue skipping system.

Disneys is free.
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Postby onyxhotel08 on October 7th, 2008, 8:22 pm
Yeah but our parking is $15 for the far lot and $25 for the closest one to the gate. We are not any cheaper. I don't get this. SFMM $15 parking everywhere? Or one area like we have?
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Postby BP317 on October 7th, 2008, 8:29 pm
The only park in socal that I know has preferred parking is USH for $20, if other parks offer it its not on their website. DLRs Downtown Disney disctrict has a parking lot seperate from the theme park parking structures for 3 hours free + $6/hr after that (cap of $30). Knotts has a seperate lot for Chicken Dinner Resturaunt/TGI Fridays thats 3 hours free + $3/hr after that with a cap of $15.

...and now were way off topic, point being its more expensive to park at SFMM than any other park in socal.
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Postby bigb7965 on October 7th, 2008, 8:51 pm
Jerrykoala2112 wrote:Parks we should keep

Great America
Great Adventure
Over Texas
Over Georgia
Magic Mountain

Sell

Six Flags New England
Six flags over mid america(maryland)
Kentucky Kingdom
New orleans
Maigc Mountain
fiesta texas


I think that they should relocate some coasters from a lot of these parks to current parks to save a couple half million dollars!!! lol



you forgot about discovery kingdom, St. Louis and mexico

and why in the hell would six flags sell Magic Mountain? It is one of the high attendance parks and makes a good amount of money

btw, six flags over mid america was the name of six flags st. louis until 1995 or 96. the one in maryland is Six Flags America
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Postby Coaster Justin on October 7th, 2008, 9:59 pm
First of all, We are Way off topic and as FParker185 posted in the forum, Not Forum Etiquette.

I think they should sell some parks and the parks are rather easy to point out Like the Last Selling in 07 to PARC Management.

They should keep
- Six Flags Over Texas
- Six Flags Over Georgia
- Six Flags St. Louis
- Six Flags Great Adventure
- Six Flags Wild Safari Animal Park
- Six Flags Magic Mountain
- Six Flags Great America
- Six Flags Fiesta Texas
- Six Flags Hurricane Harbor, LA
- Six Flags Hurricane Harbor, TX
- Six Flags Hurricane Harbor, NJ
- Six Flags Whitewater, Atlanta
- Six Flags New England
- Six Flags Discovery Kingdom


And Sell
- Six Flags America (Do Like What Cedar Fair did to Geauga Lake BUT ANNOUNCE IT SIX FLAGS!!!!)
- Six Flags Kentucky Kingdom
- The Great Escape
- La Ronde
- Six Flags Mexico

I think Dan Snyder should take advantage of the Low Stock Price and buy like 2-4 Million More Shares to have more Ownership of the Company.

I wish Six Flags Could turn into a Privately Owned Company and not have to deal with Financial Problems as much anymore. There are tons of Companies that are Privately owned and Doing Well Like:


AMC Theaters
Bass Pro Shop
Chrysler
Enterprise Rent A Car
Ford Motors
Quik Trip
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Postby onyxhotel08 on October 7th, 2008, 10:01 pm
Yeah I always wanted to know if Mexico shows any profit for them? They don't have nearly as many rides as we do and the ones that do aren't exactly any special.
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Postby Coaster Justin on October 8th, 2008, 7:42 am
^ This is what Lance Hart said from Screamscape about Six Flags Mexico when I e-mailed him:


It's just a different market and it kind of runs itself and they don't try to intergrate it in with the rest of the chain.

And...

Mexico is it's own thing... but apparently the park is popular with the locals and profitable, and the locals don't expect big new rides every year the way the US market became used to having when Premire Parks ran things into the ground.

That might be why The Dark Knight is planning to be built there so It can be more appreciated by the less Critical Audience.
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Postby BP317 on October 8th, 2008, 2:54 pm
A reverse stock split wont help SF much if they cannot stay above 50 cents...the stock price is 40 cents/share right now :lol:.
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Postby Luxornv on October 8th, 2008, 7:26 pm
Coaster Justin wrote:WARNING: I AM NOT AN ECONOMICS EXPERT, THIS IS MY HONEST THOUGHT!!!!

I think they should get de-listed from the NYSE so that way, they don't have to pay Investors. They can run the company as they see fit instead of being a puppet to the Investors. That Way, all the Money they make, they keep!!! They don't have to pay anyone because they are only using money, they have.

Its like Changing from a Credit Card to a Debit Card in my opinion.


It would still be traded, just not on the NYSE. It would likely go to the OTC which is where a bunch of other penny stocks are listed (some trading on only tenths of a penny). The company already doesn't pay dividends, so they don't pay the investors.
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Postby monsterfan99 on October 8th, 2008, 10:35 pm
SFGAm07 wrote:A reverse stock split wont help SF much if they cannot stay above 50 cents...the stock price is 40 cents/share right now :lol:.

They are talking at least a 3-1 up to 5-1 reverse split.

Also, Six Flags Mexico makes a ton of money and basically the only big park in the country.
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Postby FParker185 on October 9th, 2008, 6:51 pm
at least one article I read mentioned a 10-1 reverse split, could get the stock up to a whopping $5 a share :)

Sucks thinking back when I bought some SF stocks at $20 a while back after thinking, "well it came down from $40 a share, how much lower can it go?" showed me good.
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Postby monsterfan99 on October 10th, 2008, 1:45 am
The one positive is they have a good 4-5 months to figure out what they want to do before they are desisted. A 10-1 seems a bit much as that would screw a lot of people, but that is a risk one takes when the invest.
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Postby SFaddiction84 on October 27th, 2008, 8:36 am
Today October 27th, 2008, Six Flags INC is trading at .29 Cents per share.

You must Maintain a $1.00 trade mark, They may have already been sent there Deficiency Notice, they would have 90 days/180 days to get back up to $1 to meet MINIMUM mark up, otherwise, they are delisted

How Delisting Works
The rules for delisting depend on the exchange and which listing requirement needs to be met. For example, on the Nasdaq, the delisting process is set in motion when a company trades for 30 consecutive business days below the minimum bid price or market cap. At this point, Nasdaq's Listing Qualifications Department will send a deficiency notice to the company, informing it that it has 90 calendar days to get up to standard in the case of the market value listing requirement or 180 calendar days if the issue is regarding the minimum bid price listing requirement. The minimum bid price requirement, which is $1, and the market value requirement (minimum $5 million, provided other requirements are met) are the most common standards that companies fail to maintain. Exchanges typically provide relatively little leeway with their standards because most healthy, credible public companies should be able to meet such requirements on an ongoing basis. (Taken from: http://www.investopedia.com/articles/02/032002.asp)
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Postby rct2wizard360 on October 27th, 2008, 8:47 pm
We call it the edit button.

Six Flags over Mid-America would technically be St. Louis.
You're thinking of Six Flags America.

But well.
Yeah.
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Postby Jerrykoala2112 on October 27th, 2008, 8:56 pm
Six Flags MAgic Mountain isnt one of the High Attendancee Six Flags. Beleive it or not. Its one of the least. Yet, I still dont get why they get all the rides, and the good ones. Great Adventure has the highest attendance.
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