Holds a speculative long in Six Flags, citing theme park moat and improvement opportunities including a Netflix park.
FUN — LONG The author holds a small speculative long position in Six Flags, arguing theme parks have a moat with few players and that management can improve the experience through better food, live performances, and a potential Netflix-themed park licensing deal. If execution succeeds, the stock 'could go a long way,' but if they mess up, it 'could crumble to dust.'
There's a moat in theme parks, few players. I also think there is an opportunity to greatly improve the Six Flags experience.