Six Flags - (7/1/08) Though Six Flags stock price has been in a state of freefall over the past several weeks, the stock dived even more sharply after the news of the death at Six Flags over Georgia hit the airwaves. Right now the stock is sitting at about $1.15 a share and if what I’ve read elsewhere is true… if the stock price drops below $1.06 for more than 30 days, they will be de-listed from the stock exchange. It kind of makes me wonder if there are some companies out there (mostly foreign investors) who are just waiting for the company to hit rock bottom and file for bankruptcy in order to swoop in and pick up the pieces dirt cheap.
Not good, not good at all from screamscape.
After the GK announcement JJ2K thought this was the BEST move SFI ever made