Six Flags will be delisted from the New York Stock Exchange on April 20. While normally this would be bad news, we knew this was going to happen for awhile now. The stock has been under $1 for like 6 months and has only lasted this long on the NYSE because the government halted delistings in its attempt to “fix” the economy.
Six Flags will continue to operate as usual and its stock will trade on the OTC (Over the counter) market and you will be able to buy and sell it like usual. Obviously they will attempt to get back into the NYSE but it will take some time while they continue to work on restructuring their debt. Once they get their debt issues worked out, this stock is going up, but they have to get it restructured before August.
In the meantime, visit their parks! Show your vote of confidence for Six Flags. While coaster enthusiasts may not like their move to be more family oriented, it will let them build new thrill rides in the future.
