Unusual FUN Activity

[The Interpreter]

CBS radio just reported FUN units had more than 13 times the usual volume today, with more than 2.7 million units changing hands!

http://m.cbsnews.com/storysynopsis.rbml?pageType=general&catid=57438745&feed_id=999&videofeed=999

[jzarley]

Interesting...rumors of a buyout? It's not like there's a lot of organic growth in this industry to spur such activity.

If so, I wonder by whom?

[KI-ORIG-EMP]

Maybe that Facebook Billionaire guy has all that new dollars burning a hole in his pocket. Might be one of their spending spree purchases.

[bkroz]

Maybe that Facebook Billionaire guy has all that new dollars burning a hole in his pocket. Might be one of their spending spree purchases.

That Facebook guy is now celebrating his nuptials, and thus might only be the "five hundred million-aire guy!"

[Oldschool75]

Facebook stock is dropping faster than going down Diamondback's first drop.

[PREMiERdrum]

Maybe that Facebook Billionaire guy has all that new dollars burning a hole in his pocket. Might be one of their spending spree purchases.

That Facebook guy is now celebrating his nuptials, and thus might only be the "five hundred million-aire guy!"

Who doesn't like a little "FUN" on their honeymoon?

[Leland Wykoff]

Insiders continue to make purchases of Cedar Fair units as well:

http://www.istockanalyst.com/article/viewsecfiling/articleid/5853708

Perhaps an institutional unit-holder is re-balancing a portfolio. Could be an institutional holder is reducing a position or taking profits.

I doubt such volume is driven by sales by retail investors.

[KI-ORIG-EMP]

It seems Facebook is not worth as much as the big wigs at FB thought it was worth. anybody remember when the dot.com bubble burst?

[KIfan1980]

But FB (or the initial investors) got all the money from selling those shares and only those who bought in the IPO are losing money.