Today, FUN closed at a price over the important psychological price target of $15, on about time and half normal volume, doing so on a generally down day. FUN closed up 53 cents, 3.64%, at $15.09. This on a day when SIX, a comparable in the industry, closed down 2.27 percent!

There could be any number of reasons for this....

And we may never know the true reasons as to why the price bumped up.

Well gee, that $11.50 is just looking like it would've been a great selling price, isn't it?

GYK, literally disgusted at the thought of what some people think [and genuinely, despicably hope] they can get away with... Stealing is legal in this country, and we almost witnessed a prime example of it firsthand.

Be interesting to see what happens with the high set at 15.79 on 4/23 overhead.

Yep, then again, remember what FUN once sold for? Pre the Paramount Parks acquisition?

Can't forget that 2.1 billion debt that wasn't there before either.

Zacks Investment Research has listed (FUN) on their #5 strong sell list. http://www.zacks.com/rank/commentary.php?type_id=5

11/11/10

Cedar Fair initiated with a buy at Merriman.

Merriman has $19.50-21.60 target range for Cedar Fair.

And the units are closing in on their 52 week high price of $15.80 as well.

That was yesterday...today FUN closed at $15.17....

It seems that price level 15.79 was too much fun for it this week.