RailRider Posted March 5, 2009 Share Posted March 5, 2009 http://www.cedarfair.com/ir/press_releases/index.cfm Mr. Kinzel commented, “I am very disappointed to have been required to sell these units from my more than 1.3 million units of direct ownership in Cedar Fair L.P. This sale does not reflect my view of the Company’s financial position or its future performance potential. The margin debt is a result of an April 2008 option exercise and the related payment of federal and state income taxes. That option exercise, where I purchased and held the units, reflects my complete confidence in the value of the Company’s strategy and assets over the long run. My confidence in Cedar Fair remains unchanged.” Quote Link to comment Share on other sites More sharing options...
tigellinus Posted March 5, 2009 Share Posted March 5, 2009 Welcome to the 2009 stock market!! A far cry from when I easily made hundreds each week day trading $1 stock's in 03 and 04! Quote Link to comment Share on other sites More sharing options...
BoddaH1994 Posted March 5, 2009 Share Posted March 5, 2009 Full press release http://www.cedarfair.com/ir/press_releases/index.cfm Quote Link to comment Share on other sites More sharing options...
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