 So I am redoing this series because there is a lot going on in the world today that is extremely different and is changing how the future of certain companies and businesses are gonna play out. Everything said in this video is an opinion and a forecast or an analysis based off of what's going on and what I am seeing, none of it is factual, none of it is for sure gonna happen and I just wanna make that clear now. I'm not saying that this business is gonna go to business or this business is gonna do better than this business. Things can change at the flip of a finger or flick of a finger, whatever the saying is. I do wanna take some time though at the beginning of this video to say a huge thank you to anyone that is still working today out there feeding people, giving people food, taking care of people especially the medical professionals out there and anyone that is helping anyone in your neighborhood. A huge thank you to just anyone who is still putting themselves in at, I guess in danger or at risk to help other people have access to food, groceries and medical attention. So a huge thank you, honestly, I really do mean that. That aside, let's get right into the video. A lot has changed. So as you saw, we went through about a week and a half to two weeks of the stock market completely crashing and the stocks are starting to do better and there's a reason to that. The U.S. is definitely taking some action to help implement strategies, to help investors feel more comfortable in investing in companies and the stock price has just got so low that a lot of other people including myself felt a little more comfortable in buying stocks that are like $10, $12, $15 and knowing that they're eventually gonna grow in about a year, a year and a half or two years from now. So a couple of factors and there's definitely more factors on top of that as to why the stock market's growing and why you should invest now is the time, definitely if you have extra money that you have laying around or savings, throw a couple of it, throw a bit of it into the stock market, into a company that you have a lot of trust in and maybe even talk to a financial advisor or an investor and get some opinions around just even your friends or family. But that aside, things are gonna change, stock prices are gonna go up, they're not gonna go up, they're not gonna continue to climb back to what they were before the stock market crashed due to who shall not be named. But yeah, in terms of the stock market, I feel very comfortable with Cedar Fair and their growth. I think we're gonna stay around this ball field for quite some time. I don't think it's gonna go up any further. I don't think we're gonna get back into the 40s any time soon. But if we do, hey, I'll be surprised and shocked to see are the better for me. But nonetheless, what is the future of Cedar Fair? So with what's going on, I don't wanna go, I don't wanna say too much of what I think's gonna happen in terms of when they're gonna open. I don't wanna scare anyone and I don't wanna upset anyone anymore. I will say when it comes to Cedar Fair, I do have very definitive answers on when they're gonna open up. And my sources that I have for Cedar Fair are very reliable and for Six Legs as well. That being said, I do not have a date yet. So it is still obviously mid-May based off of what Cedar Fair themselves have announced and that is what you are gonna listen to and that is what we're gonna assume. So mid-May is the target opening date that we have for Cedar Fair. And if we take what the President of the United States has recently said, we are going to assume that mid-May is a very reasonable assumption as to when the target, keyword target, of opening up the economy and businesses again. So obviously America has very different strategies to other countries out there. They're aiming for about 15 days of quarantine and then everything will open up after that. That is very different to what we are doing over here in Canada. I'm not gonna say which one's better in this video. I'm gonna keep my political views out of these videos. But nonetheless, over here in Canada, we are gonna be locked down for, it looks like, two months. I don't think it's gonna be a full lockdown, but currently we know that self distancing and all that they're saying is gonna last up to a minimum of two months currently, which has me believing that Canada's Wonderland will face some impacts there. But what's gonna happen with Cedar Fair? So I think that we're gonna see a lot of smaller parks start to struggle. I think we may even see a bigger corporation start to struggle and assets may need to be sold off. Cedar Fair is in a very strong financial position. So I'm not gonna touch on what the other chain is doing that's making me believe Cedar Fair is in a much better state. I'm gonna touch on Cedar Fair. So Cedar Fair has had a 40% increase in season past sales before the season even started, before Q1 of this year started. That's crazy, okay? Sorry, that is Q1. 40% increase in season past sales, double digits across the entire chain. So they have money. They have money already of people who committed to coming to Cedar Fair, a Cedar Fair park in the 2020 season. And we know that Six Flags had a decline in sales in terms of season passes and memberships. So Cedar Fair was already at an advantage going into the 2020 season. And we know that moving forward, they have money that they have set aside to purchase parks down the road. That is emergency money or money that you could say to purchase parks. And I think that opportunity is gonna come a lot sooner if this self-quarantine and this self-isolation continues to go into July and August. If we lose the 2020 season, you're gonna see those small independent chains struggle a little more than I was originally anticipating. And I think we may even see one of the bigger chains struggling to survive. And there are definitely signs of that arising right now. And I'm gonna touch on that in tomorrow's video. So there's something about Six Flags that I wanna discuss in tomorrow's video. I'm not gonna touch on this video, but it is leading me to believe that Cedar Fair may end up acquiring some parks during the next year or two through this financial crisis that we're going through due to the what shine be named. But I definitely see Cedar Fair's portfolio growing in the next two years because of this, I honestly do. Now the key point, the huge takeaway here is I honestly think there's a top four park in the chain. So Kings Island, Carowinds, Cedar Point and Canada's Wonderland are gonna benefit from this. And there is a very specific situation that has occurred before, especially at Canada's Wonderland. It wasn't under Cedar Fair, but it's a very common situation. When a big park loses attendance due to something that is going on out of its control, they will push forward large investments to bring in the attendance the next year. Canada's Wonderland during the SARS pandemic built, they opened up Italian job stunt coaster and SARS had happened that same year. There was a very low attendance that year. So the next year, they pushed forward Tomb Raider, their really crappy flying coaster to open the very next year to help boost attendance as well. So there's a very specific example of a park or a company moving forward investments to help boost attendance. And you're gonna see that at the four main parks. So Canada's Wonderland, Cedar Point, Kings Island and Carowinds are gonna struggle this year in terms of attendance. Every park around North America is going to struggle this year in terms of attendance. It's very, actually just every park in the world is gonna struggle in terms of attendance this year. I'd be very shocked if these big parks break a million attendance this year because even when they do open, people are not gonna feel fully comfortable and confident to go to these parks and they're gonna need big additions to draw in people as soon as possible. I'm not saying Canada's Wonderland's gonna build a coaster in 2021. Trust me, no, Cedar Point's got that coaster on lockdown. You're gonna see things pushed forward. So a flat ride that was maybe next year, we're supposed to get a restaurant at Canada's Wonderland in 2021. Maybe they'll push forward one of those really awesome flat rides that are supposed to come out three to four years from now. It'll come out in 2021 and then a coaster in 2022. That is kind of the things that you're gonna wanna look forward to. Carowinds might push forward their additions as well. Kings Island and Cedar Point as well. They're gonna need to draw in people to boost those numbers, get those fast lane sales in in 2021 and 2022 to help put themselves back to where they were before this crisis. That is just a fact and that is just a common sense. And for anyone that knows business, this is just the case. It's gonna happen at a lot of those parks. You're gonna see a lot of these investments being pushed forward. And I guess it's the silver lining through what's been going on in the world right now. And I don't wanna say the silver lining because it's a really, really awful situation. But I'm noticed a lot of you guys are really upset about your parks not opening. And a lot of you have reached out for help or advice. And you've been upset with the news that's come forward from this channel even though you yourself understand it's true. And I wanted to start talking about some of the positives now. I've done enough time talking about the negatives in terms of this. And there are positives are gonna come. You're not gonna see Cedar Fertile Bank erupting even if they don't open this year at all. They're fine and there's definitely some positives to come. So, and go outside and take a walk, get some fresh air, listen to some music, do things that you love outside of theme parks and roller coasters. There's gotta be something. Everyone likes music. Go for a walk and listen to music. I promise you it'll help you. It helps calm me down and I know it will help you. Hopefully you enjoyed this video on Cedar Fair's future. I tried to throw in as much and little information as possible because I'm gonna start going into individual parks future as well moving forward. Cause I have some pretty interesting ideas of what these top four parks are gonna do in the chain. And then again, tomorrow will be six Flags's and that's gonna be a much more interesting video than this one. Cause this one was really easy to make and understand. But anyways, hope you enjoyed this video. Don't forget to hit that like button, subscribe if you haven't and share this video for others to enjoy. Stay safe guys and stay clean. Have a good one. Bye.