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RailRider

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Everything posted by RailRider

  1. ^ Depends on what kind of flat. Anywhere from the mid hundred thousands to the low millions. Just depends, but for the PR they can generate they are worth the money. Example, MaXair ran $7.5 million and SkyHawk $6 million at CP
  2. Few reassons I can think of. They want to continue to compete in the market they are in, make the park more attractive to a buyer, if WoF has a great year CF can sell the park for more. Also Prowler was not a huge investment overall for CF. Im sure the park will see a great return on the investment. A lot of bang for the buck. I see Valleyfair and WoF being on the market because Cedar Fair does not want to compete in those markets and honestly I cant blame them. Those parks dont have huge populous areas surrounding them and they are not dominating parks like Cedar Point that will draw visitors from all over. Also we all know the story of Great America. Look at the other parks CF has and their locations. Here is my run down. Dorney Park - Excelent location to the mass of folks that live on the East coast. Philly, New York City, Jersey, and Harrisburg are within 90 minutes. Not to mention you can reach out to DC and Baltimore in a little under 3 hours. That is a massive population to pull from Kings Dominion - Once again great location on the East coast. Has Richmond, Washington DC, Pittsburgh, and Raleigh Durham within a close distance, really nothing more than 2 hour drive for those big cities. Another massive population to pull from Carowinds - Has the untapped Carolina market at its fingertips. Located in Charlotte which is a midway point for many tourists heading for the beaches along the North and South Carolina coast. Also Columbia SC and Winston Salem NC are very close. I see Carowinds being the focus for a lot of good things in the future from Cedar Fair, especially the rumored 2010 B&M Mega. The park is ready to explode it just needs some TLC. Canada's Wonderland - Located just minutes north of one of the most beautiful cities in North America in Toronto. Also very close to Bufalo, Ottawa and Montreal. No wonder this park took off with the addition of Behemoth. Kings Island - North Side of Cincinnati, Lexington and Louisville, Columbus, Indianapolis, Wheeling. No wonder KI is booming and Cedar Fair is showing the love with additions like Firehawk and Diamondback. KI could easily overtake Cedar Point as the crown jewel. Michigan's Adventure - It is simply what Geauga Lake used to be. Also MA is reaping the benefits of an area that is becoming a tourist hot spot in the West Coast of Michigan. Traverse City, Saginaw and even Detroit. More folks have discovered the charm of the UP or upper peninsula and Michigan's Adventure is reaping the rewards. Knott's Berry Farm - Is a destination within itself. Doesn't hurt its 10 minutes from Disneyland and only 30 minutes from downtown Los Angeles. Enough said.
  3. Would definately be possible to pick up the SIX parks at a greatly reduced cost if SIX goes bankrupt. Im not sure SIX has to intentionaly make it happen either, they are being pushed that way and I think it will happen soon enough. Im not sure Snyder wants anything to do with all of the parks, I could see him picking up a few but nowhere near the number they have now.
  4. Investors seem to like the direction of Cedar Fair, with the dividend cut and trying to sell a few parks. FUN closed up 23% today. Sometimes it is not what you do, but what you say that matters.
  5. Bottom bid is over $80 now. That is crazy and there is still a month left.
  6. Sorry I wasn't refering to time to sell the stock, but time to sell the parks off or go bankrupt.
  7. SIX Full Year and 4Q Results Yet still the stock hovers around $.21 for the day. Time to sell.
  8. With the news from Cedar Fair and the happenings of the market today, FUN is up more than 16% right now. Hope it rides that way the rest of the day.
  9. ^Beat me to it Nope, its a transplant, but it did get brand new Vekoma trains.
  10. Bid For The First Ride Today! I doubt this makes as much as Diamondback, but still the top bid is over a $100. Not bad for a relocated boomer.
  11. Maid of The Mist Monopoly Churns Up Complaints The Globe and Mail After my recent trip to Niagara Falls, which you can see here (RailRider's Niagara Falls PTR). I have two thoughts about this article. It is almost impossible to compete with a company that has the tradition and history of the Maid of The Mist and the inherent danger of getting that close to the falls with an unexperienced captain at the helm is asking for disaster. Also if you visit the Falls you must take a trip on the Maid of the Mist. Absolutely amazing.
  12. I am more surprised that the dividend remains, even if in a lesser form.
  13. CEDAR REAFFIRMS COMMITMENT TO REDUCING DEBT Shocked that only looking at one former Paramount park, but I can't say any of this is surprising
  14. Yes there was water at the second launch. When the barrels are shot water would shoot out of the top. Also the water on the splashdown for BLSC is not treated, just like the water at the second launch is not treated. The issue with the splashdown is over engineering.
  15. Great capture. I dont think you catch a more perfect shot from the webcam. The roaster tails look massive. One word describes the splashdown... Skloooooshhhhh
  16. The King Cobra track did not rust because of the elements, it rotted because of poor quality steel and it is no longer on site. The trains were also moved to KD for replacement parts for Shockwave.
  17. A norse is a norse, of course, of course! A norse walks in to a bar... The bartenders asks why the long face? Ill be here all week
  18. Yeah the green will fith the natural setting much better than the bright blue of Griffon
  19. They could easily dye the water a nice dark green.
  20. Terpy, I think you mean many a stream in the road. Well atleast one I know of...
  21. I can't believe this is moving forward. More hereWTRF
  22. I think Prowler will surprise a lot of people. Looks to be a nonstop rampage until the brake run at the station.
  23. Seriously Red Text and you basically stole my photo tag at the bottom, you just changed the words. Would you like my avatar also? Why dont you try and be original on your own.
  24. Looks like we have a comedian on the site. Please read the TOS.
  25. A gravy boat for starters and a max of an all-you-can-eat buffet.
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