http://seekingalpha.com/article/92452-can-...er-coaster-ride

^^Lemme guess....they can't?!

Actually they can. And I still hold the thought that they will. That article was actually very in-depth on the matters and didn't really choose sides while offering a fresh perspective of the company, I quite enjoyed reading that...It wasn't too much that most of us didnt know already, but it brought it all together. I think they are turning the corner!

^I don't.

Look, it doesn't matter if there stock doubled over a matter of a week, It's not that hard to double 60 cents! I mean really, they've hung around $1.20 for weeks now, for some reason I don't see them staying afloat with $1.20 stocks!

^I don't.

Look, it doesn't matter if there stock doubled over a matter of a week, It's not that hard to double 60 cents! I mean really, they've hung around $1.20 for weeks now, for some reason I don't see them staying afloat with $1.20 stocks!

Wow, you really don't understand the stock market at all. A 60 cent gain for six flags is the same as a 15.00 gain for Disney. The Dollars and cents really don't matter much except during stock buybacks and IPO (Initial Public Offerings). Once stock is in the secondary market i.e. Wall Street. The Percent gain is what matters, and even then all the stocks price tells you is investor confidence in how a company is being run by its management team.

Also, as long as the stock stays above a dollar (The typical cutoff for the exchange to remove a stock) they will be fine, at least as far as the exchange is concerned.

If you really think it is that easy for a Corporation to double A stock price, at ANY amount, then you really really have no clue.

Not to mention, the stock has been above One dollar over the last month. And when news of the first positive year of cash flows hits the wire for a company that has not had a year of positive cash flows, investors will eat that up. It would be BIG news.

The NEW Six Flags business model heavy on technology and sponsorship and integrated marketing techniques will be duplicated by others. They are showing that they at least have some good ideas that are leading towards positive cash flows.

Keep in mind too, that on July 1 the stock closed at 1.05. Today it closed at 1.06. The stock was down with the market because investor sentiment was broad-based across all indices and sectors.

The good news is that for almost two months, the stock price has not gone down, and it hasn't really gone up. They are standing pat, and in their financial situation, that is the least that investors and creditors can hope for at this point. They are on the right track. Whether they continue to derail or not remains to be seen.

The HUGE problem is this. There is a huge repayment of debt due the preferred stockholders next August. How huge? How about more than the entire company is valued for on the stock market? All the real estate is already pledged to the creditors. Getting new financing is almost an impossibility. Unless there is a sale by then, bankruptcy is a very distinct possibility. In a bankruptcy, the holders of common stock often get $0.00 a share. Yes, you could make a killing on this stock. Or you could lose every dime you invest. And Standard & Poor's says the company already technically defaulted when it omitted a required preferred stock dividend earlier this summer, back in June.

See also:

http://www.fool.com/investing/general/2008...y-to-shine.aspx