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Cedar Fair, L.P. Message Board

  • thebookstar1 thebookstar1 Mar 1, 2013 5:11 PM Flag

    Buying a stock solely for a dividend and ignoring negative/zero earning growth..not recommended!

    Any company can cut their dividend any time. There's not ringing of a bell or forwarning, and these events always level the stock price 20 to 60%. This is what's not priced into FUN shares. The earnings report for last quarter was horrific, this quarter will be more of the same. THE TIME TO BUY "FUN" SHARES IS IN NOVEMBER AND DECEMBER, not in the Spring and Summer. Over the past 10 years, FUN tops out in Spring and heads lower throughout summer, regardless of a nice dividend. Frankly the earnings report down right scared me, why they aren't making more money is beyond me. They've made numerous park upgrades and additional of great rides, but the attendance is one thing and the per expenditure per patron/guest at the park is another. FACT IS, THE CONSUMER IS BROKE AND ISN'T BUYING AT THE MALL AND ISN'T BUYING AT THE PARK EITHER. TIME TO STAY AT HOME AND ENJOY SOME GOOD MOVIES AND VIDEO GAMES.

 
FUN
50.3095-0.3705(-0.73%)11:16 AMEDT

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