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ThrillKingsFitzy

Cedar Fair Stocks: What will happen to the one of the best theme park chains?

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As everyone has been noticing, Cedar Fair has been crashing down in stocks. This has been caused by market crashes and the coronavirus. I think since this isn't their fault because of a worldwide freakout over this disease, they won't go out of business/bankrupt. Once everyone is back to normal, I expect them to be much better than they are now. Opinions?

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3 minutes ago, flightoffear1996 said:

The overall market is down and not just because of the Corna virus. 

Thanks for correcting that, I edited it.

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19 minutes ago, ThrillKingsFitzy said:

As everyone has been noticing, Cedar Fair has been crashing down in stocks. This has been caused by market crashes and the coronavirus. I think since this isn't their fault because of a worldwide freakout over this disease, they won't go out of business/bankrupt. Once everyone is back to normal, I expect them to be much better than they are now. Opinions?

I don't think assigning fault plays any factor in the financial solvency of a business.  As things stand now whatever is at fault does not impact the single mom with two small children who looses her job due to the pandemic, cant pay her rent or any other bills and is evicted from the apartment and on the street.  Any changes to laws or policies to provide protections for businesses, individuals or both are really political in nature and discussion of such could be considered a violation of KIC TOS, but I don't make that call.

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55 minutes ago, King Ding Dong said:

I don't think assigning fault plays any factor in the financial solvency of a business.  As things stand now whatever is at fault does not impact the single mom with two small children who looses her job due to the pandemic, cant pay her rent or any other bills and is evicted from the apartment and on the street.  Any changes to laws or policies to provide protections for businesses, individuals or both are really political in nature and discussion of such could be considered a violation of KIC TOS, but I don't make that call.

I'm not trying to violate anything, I'm just wondering people's opinions on what might happen.

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