The Interpreter Posted November 8, 2010 Share Posted November 8, 2010 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.... Quote Link to comment Share on other sites More sharing options...
CoastersRZ Posted November 8, 2010 Share Posted November 8, 2010 And we may never know the true reasons as to why the price bumped up. Quote Link to comment Share on other sites More sharing options...
bkroz Posted November 8, 2010 Share Posted November 8, 2010 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. Quote Link to comment Share on other sites More sharing options...
Captain Picard Posted November 9, 2010 Share Posted November 9, 2010 Be interesting to see what happens with the high set at 15.79 on 4/23 overhead. Quote Link to comment Share on other sites More sharing options...
The Interpreter Posted November 9, 2010 Author Share Posted November 9, 2010 Yep, then again, remember what FUN once sold for? Pre the Paramount Parks acquisition? Quote Link to comment Share on other sites More sharing options...
Captain Picard Posted November 9, 2010 Share Posted November 9, 2010 Can't forget that 2.1 billion debt that wasn't there before either. Quote Link to comment Share on other sites More sharing options...
RailRider Posted November 9, 2010 Share Posted November 9, 2010 Zacks Investment Research has listed (FUN) on their #5 strong sell list. http://www.zacks.com/rank/commentary.php?type_id=5 Quote Link to comment Share on other sites More sharing options...
Captain Picard Posted November 11, 2010 Share Posted November 11, 2010 11/11/10 Cedar Fair initiated with a buy at Merriman. Merriman has $19.50-21.60 target range for Cedar Fair. Quote Link to comment Share on other sites More sharing options...
CoastersRZ Posted November 11, 2010 Share Posted November 11, 2010 And the units are closing in on their 52 week high price of $15.80 as well. Quote Link to comment Share on other sites More sharing options...
The Interpreter Posted November 13, 2010 Author Share Posted November 13, 2010 That was yesterday...today FUN closed at $15.17.... Quote Link to comment Share on other sites More sharing options...
Captain Picard Posted November 13, 2010 Share Posted November 13, 2010 It seems that price level 15.79 was too much fun for it this week. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.