The Interpreter Posted May 22, 2012 Share Posted May 22, 2012 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 Quote Link to comment Share on other sites More sharing options...
jzarley Posted May 22, 2012 Share Posted May 22, 2012 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? Quote Link to comment Share on other sites More sharing options...
KI-ORIG-EMP Posted May 22, 2012 Share Posted May 22, 2012 Maybe that Facebook Billionaire guy has all that new dollars burning a hole in his pocket. Might be one of their spending spree purchases. Quote Link to comment Share on other sites More sharing options...
bkroz Posted May 22, 2012 Share Posted May 22, 2012 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!" 1 Quote Link to comment Share on other sites More sharing options...
Oldschool75 Posted May 22, 2012 Share Posted May 22, 2012 Facebook stock is dropping faster than going down Diamondback's first drop. 1 Quote Link to comment Share on other sites More sharing options...
PREMiERdrum Posted May 22, 2012 Share Posted May 22, 2012 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? 1 Quote Link to comment Share on other sites More sharing options...
Leland Wykoff Posted May 22, 2012 Share Posted May 22, 2012 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. Quote Link to comment Share on other sites More sharing options...
KI-ORIG-EMP Posted May 22, 2012 Share Posted May 22, 2012 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? Quote Link to comment Share on other sites More sharing options...
KIfan1980 Posted May 22, 2012 Share Posted May 22, 2012 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. Quote Link to comment Share on other sites More sharing options...
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