The situation at Six Flags just keeps looking more grim. Aside from the company blaming the weather for their misfortunes, there are many other negatives surrounding the second largest theme park. Six Flags has not turned in a profit in 10 years and has 2 billion in debt. Their bonds have been downgraded to just above junk bond status and they have recently suspended their dividends.
Also, the management just seems to be very… shady. How do you not mention EPS? That’s basically all we care about in the end isn’t it? Also, the management keeps saying they have a ample amount of cash but in reality, they can’t even cover payments to preferred shareholders that are due next year.
Lastly, I go to amusement parks once in a while and they are a total rip off. But wait… shouldn’t this be good for Six Flags. I’m spending 5 bucks on a bottle of coke and shooting basketballs at a tiny rim for 10 dollars trying to win a teddy bear. By the way, Six Flags shares are cheaper than anything you can get at the amusement park, but probably still have less value.

I don’t know if there are shares to short. Also, they tried to find a buyer to no avail so I don’t think this will come back to bite.

I have been following an awesome site that gives quality data about Chinese companies, especially ones listed in America. The site is China Analyst.

I am across an informative post showing the amount of short interest in Chinese stocks. Below are the top 25, for the other 75, visit the site above.

Reviewing the insurance quotes should be mandatory before anyone signs in a life insurance or even a health insurance since that is equally important. In this regard dental insurance gets rebuffed the most. And just because pet insurance concerns your pet, that does not mean it should be dealt with in a minor fashion.

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I put together a list of solar companies to see how these companies traded in sync with each other and to also track the performace of solar in the past 6 months. Below are the charts of 10 solar companies and TAN, the solar fund. With the exception of First Solar, which recently released higher than expected earnings and a good outlook, the rest of the solar stocks have traded similarly in the past 6 months. 4 of the companies are trading higher than 6 months ago with FSLR leading the way up over 30% while 6 companies are trading lower with Suntech retracing the most (30%+). All stocks seem to have traded higher in May and June and significantly lower after that. On the other hand if you had bought TAN when it first released you are down about 15%. I’m not going to recommend solar right now as oil prices are decreasing however I wanted to point out something about solar. FSLR is widely regarded as the market leader, usually the market leader will pull the other companies higher and lower respectively but in this case FSLR is trading in its own pattern, one that is consolidating sideways for the past 2 months.

Note also that TAN has only been out 4 months so I can’t really compare it to the 6 month charts
What do you guys think of solar trading similarily with each other?