SixFlagsAstroworld wrote:...That was unexpected
Is it really that unexpected? I feel like once every decade or so Six Flags buys a bunch of parks, then sells a bunch of parks, then buys more parks, closes some parks, buys more... This has been happening for many, many years even as far back as when they bought parks like Magic Mountain and Great Adventure.
I don't have the time to do the research now because I have many better things to do with my time, but I'm sure someone could draw up a pattern over time between their buying and shedding of parks over the years...
1. Economy is doing good
2. Remove water-rides at your hottest parks
3. Buy a bunch of new parks
4. Remove trees at your hottest parks
5. Economy collapses
6. Remove more water-rides and trees at your hottest parks
7. Sell a bunch of parks
thesman wrote:So is this a good time to invest?
We're between 3 and 5 right now