Six Flags Stock (SIX)?

Question

Do you believe that this is a good investment considering how low it is currently priced at around 1.12?

Answer 1

Just because a stock is cheap, doesn't mean it's a good value.

Answer 2

It is surely not an investment in my opinion. If you want to speculate on it, then it is your own decision. But the stock is very risky and could very easily get delisted and go bankrupt.

Answer 3

The market is always right.

Stock prices are always set at the value investors think the company is worth

Any stock selling below $5 is considered a penny stock and one that is not investment quality.

The stock may have a nice run up, but most investors don't think so

It's your money, you spend the way you see fit, but just remember - "a fool and their money are soon parted"

Answer 4

Dude, price means absolutely nothing with stocks.  If they did a reverse split of 100 shares into 1 share, then would you think the stock was more expensive at $112 a share?  Price means nothing at all.

http://quicktake.morningstar.com/StockNe...

Look at the bottom.  SIX is paying out more money to keep the company going than they are bringing in.  Although price doesn't mean anything, there is a reason why the shares look cheap.  It is because it sucks.  What falls down does NOT have to bounce back up.