Not that anyone else was interested but we discussed it here so thought I would mention it. I have been watching FUN for a possible re-entry around 20 but I wanted a little more info. I happen to think they are well managed. They secured reasonable financing to carry their burn rate with closed parks all through 2021. (it won't be that bad). Now for the bad news. Debt covenant requires zero shareholder distributions until JAN 2022. I'm not THAT patient. FUN would have to get pretty cheap to entice me. To the back burner with that idea. I'm not sure this fact is well advertised.
And the Luckin Coffee CEO and COO were fired after an internal investigation. I wonder what "fired" means after you embarrass the CCP?
And the Luckin Coffee CEO and COO were fired after an internal investigation. I wonder what "fired" means after you embarrass the CCP?