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 Six Flags - Trading Lowest Ever
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92hybridAccord




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673 posts [100%]
In the heart of the ghetto of the Suburbs NYC
9-19-2002
  Six Flags - Trading Lowest Ever« » 12:38 PM 6/30/2008 Reply  Edit

Any thoughts here on turn around or is it a tickig bomb near it's end?



FrreeeBird
Adam Smith



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9090 posts [101%]
Yonkers NY
4-8-2002
 « « » 1:06 PM 6/30/2008 Reply  Edit

Amusement Parks = 100% discretionary spending.

In economic bad times those are the first things people cut back on.

Wouldn't touch the stock with a 100 ft pole.


http://creditcalmass.blogspot.com
The Impending Second Great Depression

Vinny Chase




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1931 posts [99%]
Chicago
3-21-2003
 « Re: (FrreeeBird)« » 1:32 PM 6/30/2008 Reply  Edit

I don't think kids getting decapitated at their park is going to do much to help them either

Matgallis




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3151 posts [98%]
wet Dreaming over 400whp
3-27-2003
 « Re: (Vinny Chase)« » 1:37 PM 6/30/2008 Reply  Edit

My friend told me 3 years ago he wanted to buy six flags. I told him to short it, suggest you do the same


Theupdown - Paid stock market simulator

92hybridAccord




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673 posts [100%]
In the heart of the ghetto of the Suburbs NYC
9-19-2002
 « « » 2:04 PM 6/30/2008 Reply  Edit

I know with all the ecomony trends and the accidents it could be bad to get in...

I pthink i'll watch it today and do a short as suggested.

*fingers crossed getting in deep on this one*


Matgallis




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3151 posts [98%]
wet Dreaming over 400whp
3-27-2003
 « Re: (92hybridAccord)« » 2:07 PM 6/30/2008 Reply  Edit

Quote, originally posted by 92hybridAccord »
I know with all the ecomony trends and the accidents it could be bad to get in...

I pthink i'll watch it today and do a short as suggested.

*fingers crossed getting in deep on this one*

I also suggest you do some more research before you get in "deep"


Theupdown - Paid stock market simulator

92hybridAccord




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673 posts [100%]
In the heart of the ghetto of the Suburbs NYC
9-19-2002
 « « » 2:16 PM 6/30/2008 Reply  Edit

noted*

Matgallis




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3151 posts [98%]
wet Dreaming over 400whp
3-27-2003
 « Re: (92hybridAccord)« » 2:21 PM 6/30/2008 Reply  Edit

Have another suggestion, if you're getting in deep why not do several shorts? Wait for this beast to strat bouncing up and sell a small bounce? Pick an average price you'd like to be short at, and set up your sell strategy to match this price.


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