Re: Shoeprint #1: Six Flags (SIX)
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Question:
If this stock will be a good long-term buy next spring, why is it not a good long-term buy now? Will short-term price fluctuations impact the long-term returns of this stock?
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Yes, I do believe it is a good long-term buy at the current price. However, I feel that over the approximately next 9 months you will be able to get better returns from other stocks, but still being able to make a number of good short-term trades on this stock during that time. I feel that now is one of those good times for a rather quick 15%.
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