PKS = Nosedive

by **RagingBullFan** on July 16th, 2004, 2:12 pm

http://www.thrillnetwork.com/stocks/index.php?sym=PKS

I feel sorry for you if you've got any money invested in Six Flags ( PKS ) right now...

Down 25%.....

Forecasts have been changed from expected stock price of 11.00 to 4.00 per share....

by **Virtua Tennis** on July 16th, 2004, 2:15 pm

Speaking of amusement stocks I sold my "FUN" stock right after the day after they baught a park an hour away from their best park and dumped all the assets :roll:

.

by **B&M Floorless Wanter** on July 16th, 2004, 2:15 pm

how did that happen

by **RagingBullFan** on July 16th, 2004, 6:17 pm

Six Flags released their attendance numbers for June.... And due to crappy weather, here, in Georgia and Texas, their attendance was down about 4%, and their profits were down almost 33%! Thus investors wanted to unload.... fast....

by **SFGAm Rules** on July 16th, 2004, 7:08 pm

Now might be the time to by some. You can't beat that price!

by **mnel18** on July 17th, 2004, 7:02 am

not quite yet I predict more decline in the next week maybe 2, but its not like the stock wasnt cheap enough in the first place.

by **aejanis** on July 26th, 2004, 12:18 am

Look at the three year chart...It has seen 18...look at the 5 year...40. If they can get their act together it will be in the 20-30 range again (2 or 3 years). Good stock to get and hold onto for a few years...in my opinion.

by **coasterzak** on July 26th, 2004, 10:59 am

Ugh . . . they are blaming it on weather again. Anyone think that maybe the amusement park industry just doesn't have the guests it used to have? It seems like every park is down in attendance anymore these days.

by **w00dland** on July 26th, 2004, 11:09 am

This was mentioned on thrill network but I just think it's time for SFI to let go of the parks they don't pay attention too. They have their big money makers (in my opinion SFMM, SFGRAV, SFGAm, SFOG, and SFOT) but the big problem is they only really pay a lot of attention to those big 5 parks. They had a huge spending spree at the turn of the century with buying parks and filling them up with good rides, some parks havn't gotten a roller coaster since.

If they sell some of their parks that they don't put much money into (and don't get as good attendance from) they could focus on the parks seem to prosper more.

I'm no buisnessman, that just sounded like a good idea.

by **The Beast** on July 26th, 2004, 12:11 pm

SFI obviously has stretched itself beyond its means. Like the previous post, all they really have are those top 5 parks. I think WoA getting sold off is just the begining, unfortunately. Hopefully another, new company will get in the mix instead of having the giants, Paramount and CF battle over old SF parks.

by **coastrcorey** on July 27th, 2004, 1:56 am

Yeah, it really may not be that bad of an idea. They've got all these little parks here and there that are just getting to be run down. Parks that havn't gotten a ride in years, that have terrible operations...are those worth even having?

by **planea380** on July 27th, 2004, 9:39 am

Who is with me when I say let's go back to the original 7.

by **da rcman2001** on July 27th, 2004, 10:09 am

The amusement industry really isnt a draw anymore for many reasons. Besides 9/11, the reason parks are doing so bad is because too much of a goo thing isnt a good thing, and six flags has made thrill parks in practically every state. No longer is it a family outing to go to a theme park. Also, there losing their nostalgia. Parks are getting ridd of classic rides for huge roller coasters, and theres allmost nothing left to do. Thats what I think.

Nowadays, besides the florida and califonria disney and universal parks, the only parks i am interested in visiting are Kennywood, Busch Gardens Williamsburg, and Cedar Point.

by **coasterzak** on July 27th, 2004, 10:14 am

Yeah I think SF's problem is that they have spread themselves too thin - you saw them get rid of SFWoA . . . it's only going to be a matter of time before others go.

by **sfgamer2** on July 27th, 2004, 10:35 am

See this is a good time to buy six flags stock because the stock is low and costs less so if prices go up then you can get alot of money that way.

by **coasterzak** on July 27th, 2004, 11:14 am

And if it's going down, and attendance keeps decreasing, then you could only lose more money!

by **sfgamer2** on July 27th, 2004, 11:19 am

Why must you foil my plan?! I know I'll sabotage you and your family! :twisted:

by **DejaVu The Ride** on July 27th, 2004, 12:20 pm

This is another one of your threats. Come on man, your're not funny.

by **SFGAm Rules** on July 27th, 2004, 1:09 pm

Do you think that they will sell SFNE? I hope not because I go there fairly often and don't want to have to pay admission. I love the deal of one season pass for all of the parks.

by **DejaVu The Ride** on July 27th, 2004, 1:35 pm

They are not selling any parks right now. If they were to sell any, I could see SFEG, SFAW, or maybe some of the "non- flagged" parks. SFNE should be safe if Six Flags was to sell any parks.

by **Virtua Tennis** on July 27th, 2004, 2:01 pm

The only SF parks should be MM, GAdv, GAm, OT, OG, and maybe a few others.

by **w00dland** on July 27th, 2004, 4:05 pm

coasterzak wrote:Yeah I think SF's problem is that they have spread themselves too thin - .

I think thats the best explaination I've heard so far, they were great but over the years with more and more parks and almost the same amount of revenue they can only lose money.

PKS = Nosedive

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