Six Flags is a regional theme park company with $27$ parks located throughout the United States, Canada, and Mexico. In October of $2019,$ SIX, the company$$s ticker symbol, reported record attendance and revenues; and on October $24,2019,$ SIX announced it had hired a new president and CEO, Michael Spanos.

For the $4$ years ending December $31,2019,$ the cumulative shareholder return on SIX stock was $0\mathrm{.}44\%.$ In contrast, for the same period, the S&P $500$ cumulative return was $71\mathrm{.}49\%$ and the S&P Movies and Entertainment Index return was $47\mathrm{.}78\%($Six Flags, n$.$d$.-$b$).$

The SIX stock opened $2020$ at $$44\mathrm{.}61$ per share, and, in light of the COVID$-19$ pandemic, the stock hit a record low of $$10\mathrm{.}36$ per share on March $18,2020.$ The SIX stock price recovered to $$34\mathrm{.}10$ per share by the end of $2020.$ SIX was profitable prior to the pandemic, but in $2020$ reported a net loss of $$423\mathrm{.}38$ million. Throughout $2020,$ SIX announced several debt restructurings to help it succeed through the pandemic.

You have been asked to evaluate SIX and present a report analyzing the investment opportunity in the company. Be sure to include relevant or scholarly sources in your report to support your conclusions.

Answer the following

Explain SIX$$s competitive strategy, advantages, and weaknesses.

Analyze SIX$$s capital allocation changes during $2020.$

Analyze the changes in SIX$$s P$/$B ratio from $2016$ through $2021.$

Analyze SIX$$s leadership strategy with respect to creating shareholder value throughout $2020$ and $2021.$

Evaluate the investment opportunity in SIX stock as of September $30,2021,$ using principles from the Dhandho Investor

Justify your proposed investment decision.