Morgan Stanley Profit More Than Doubles

<p>hmm, not to go off topic, but going back to the six flags, I'm long on it(simulator, im broke in real life) for the long term. If they do sell off some of thier parks and create more cash that might be good, and they could lessen thier debt. In addition, if they are viable for take over, or if large investors help turn the company around, it might be good for shareholders. In addition, their bonds were downgraded because they announced sluggish attendence, but if it picks up over the summer there could be a hike in share price, since people are so bearish about it, any little good news will make it bullish really quickly. any thoughts???</p>

<p>six flags will definitely go up over the summer because that is its best times of teh year for earnings. Simple enough, its like buying a share in Apple before christmas because you think that everyone will buy ipods for chritmas and tehrefore teh company will have better earnings. So yes, Six Flags will almost definitely go up over the summer.</p>

<p>Actually I wish life worked that easily. Seasonal earnings are often considered and factored into analyst projection and market anticipation. For example, people already know that during summer ice cream makers will make more money than during winter so their expectation during summers is higher than those during winter. Same with retailers during Christmas, candy/chocolate during halloween etc. </p>

<p>If it was so easy, everybody would be rich haha. Take a look at Six Flag's historical prices.</p>

<p>Yeah, I guess, but my friend did make a lot of money off Apple that way.</p>

<p>Often times its better to be lucky than to be good. :)</p>

<p>As for Six Flags itself, I am very selective so it would be a no go. Notice the debt the company carries. This increases the influence of external factors and increases risks in the company. There are simply too many "ifs" when it comes to Six Flags. The goal of investors is to lessen future uncertainty as much as possible. There are better candidates out there than SIX. As you said it was a long term hold you need to treat it more from a business basis than from a supply/demand (market sentiment) basis.</p>

<p>well im not saying just based off the fact that its summer. By selling off property they could be lowering debt, and in hopes that thier attendence does rise, they could increase revenue. Also, thier cheap stock price and potential revenue could make them a good takeover target, or could get larger investors to take some control to turn the company around. but of course this is a really bad investment risk wise, which is why im using a simulator =].</p>

<p>this was just in response to premeds post about seasonal earnings</p>

<p>Guguru are you in high school or college? Also, do you actually invest money in Six Flags? Just wondering that's all.</p>

<p>From the strategies I developed with equities the only thing you have to look at is guidance. A company may have the best earnings, profit, and cash flow statistics, but like mahras said the stock market is a rational expectation market; supply and demand are met on the latest news.</p>

<p>For a long term buy and hold one should look for a "margin of safety". The goal should be to profit from irrational pricing (look for companies that are cheap). Thats essentially the principle of value investing.</p>

<p>"Guguru are you in high school or college? Also, do you actually invest money in Six Flags? Just wondering that's all."</p>

<p>Premed, I'm in highschool. I actually don't have any money, but my birthdays coming up soon so with bday money I'm planning on opening an account. I wouldn't invest in Six Flags now, it's too risky, maybe in the future if there is any sign of a reversal. I just brought it up to hear some more comments on it.</p>

<p>"The goal should be to profit from irrational pricing (look for companies that are cheap). Thats essentially the principle of value investing."</p>

<p>Yeah, I was looking at it in the sense that it is cheap, because its 52 week high was around 12 I think, but of course it is probably priced accurately with its high debt, low profit, low cash flow, etc.</p>