Did Jim Cramer Get These 10 Predictions Right or Wrong?

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7. Six Flags Entertainment Corporation (NYSE:FUN)

Number of Hedge Fund Holders: 47

A caller asked about Six Flags Entertainment Corporation (NYSE:FUN) (then Ceda Fair L.P.) and whether they should continue holding the stock ahead of its merger with Six Flags at the time. Cramer noted the recent run-up and advised trimming:

“This just had a major run and its yield is not that great here. I want you to sell half — just sell half, okay? Not more than that. But you got to sell half because it just had a parabolic move. Parabolic moves are dangerous. You sell half, let the rest play, and you will probably be playing with the house’s money.”

That was a smart warning, as the stock fell 17.24% in the months that followed.

Six Flags Entertainment Corporation (NYSE:FUN) is a regional theme park operator in North America known for its roller coasters and amusement park experiences.

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