SEAS Parks To Be Broken Up and Sold Off?
- Thread starter Shane
- Start date
Pretzel Kaiser said:
Ehhh.... Attendance numbers from new coasters move the prices. You know what WOULDNT help? Announcing Tempesto Sauce, then a mildly competent investor finding out it is one of many clones..... I bet that would be interesting to hear on an earnings call.
The news sources are blaming it on Virgin America dis-continuing their partnership. Does a minor sponsorship matter that much?
EDIT: It wasn't even a sponsorship, they just removed Seaworld from their elite rewards program, where if they spent money at the park's they would earn travel rewards. This is seriously ridiculous.
EDIT: It wasn't even a sponsorship, they just removed Seaworld from their elite rewards program, where if they spent money at the park's they would earn travel rewards. This is seriously ridiculous.
Matthew said:
Normally it wouldnt be an issue, but investors are just looking for a reason to sell off at this point... Any bad news is just exponentially worse than it really should be.
Welcome to the stock market.
Just stumbled on this article (Link) about Seaworld being broken up. It's from The Street website and it's two months old now, but that's still newer than anything else I've seen or anyone has posted. It's based on CEO Jim Atchison's leaving and a new CEO coming in. Of course it's speculation so just take it at face value.