Six Flags Entertainment Corp. (NYSE:SIX)

troym72 (51.94) Submitted: 4/25/2012 4:50:49 PM : Start Price: $45.38 SIX Score: -54.08

Six Flags would have to increase their yearly EPS three-fold to justify the current trading price of $45 per share. Yes, I know that they just increased their dividend to .60 per quarter giving a yield of 5%. Yes, there are rumors that Six Flags may not have to pay taxes for the next decade/However, even with this dividend (which I question whether they can even afford to pay) and the tax break, the stock is still far over-valued in my opinion. Unless there is some major - I mean major - increase in profits on short oder the price has to fall from here.I'm thinking the day after a 4.5% price jump, due to a rosey outlook in the earning call, is a good spot to start my short position (thumbs down).