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Poor financials, especially far too much debt, make this company too risky in a down economy, especially when it's already the target for activist groups.
See Blackfish. Companies without integrity are a bad bet on the long side. It's an excellent short though.
More US citizens becoming aware the animal abuse at sea world. My heart goes out to the trainers who do love the animals, but keeping a whale in a pool is the worst kind of prison for whale. With time I expect continued protests and the eventual closure of the killer whale shows, which will hurt attendance and investors in sea world.
People refer to disruptive technology or innovation that a company brings to the table when they're bullish on a stock. Blackfish is highly disruptive in a different sense. It's disruptive media & its changing how an entire generation looks at Seaworld. This has the potential to be catastrophic for SEAS in so many ways.
Too much debt, lack of growth, and facing bad publicity in its core park businesses as it lowers prices while attendance falls. Efforts to diversify into media entertainment and consumer products should help, but I just can't see how this beats the market over the long haul going forward.
SeaWorld Entertainment owns 11 theme parks under the following brands:SeaWorld (Orlando, San Antonio, San Diego)Busch Gardens (Tampa)Aquatica (Orlando, San Antonio, San Diego)Sesame Place (Pennsylvania)Discovery CoveAdventure IslandAlso in November, SeaWorld acquired Knott's Soak City which will be rename Aquatica San DiegoTheme Parks make money and as the economy starts to recover and people get more jobs the will take there children on vacations this stock will only go up
Expensive theme park operator that isn't Disney.
places like SeaWorld will still draw people/revenues regardless of the economy. i.e. "Disney"
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