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Cedar Fair, L.P. Message Board

  • reeshau reeshau Apr 22, 2013 11:33 AM Flag

    Adios, Amigos

    Well, FUN hit $42 today, and I am cashed out.

    It has been a very exciting, very FUN, and very profitable 3+ years. For me, looking at bondholders getting 5.25% while the unit price takes the distribution yield below 6%, the risk premium is just not enough. But income investing is not where I am at, currently, anyway. So, I will be going quiet for a while, but you can be sure I will at least take a look at FUN come the next downturn.

    Goodbye to those longtime board-dwellers, and not just those who agreed with me.

    Sentiment: Sell

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