In the midst of companies going bankrupt right and left Six Flags Entertainment has seen its shares double since August.

Among people who have been snapping up stock recently are Chief Financial Official John Duffey and Chief Operating Officer Alexander Weber Jr. They both purchased more than $2 million in stock recently. They joined the company's senior vice president of administration and general counsel in filling their bank statements with the company's shares.

This all comes after the surprising turnaround as Six Flags emerged from bankruptcy protection last April. The executives were able to purchase shares at prices between $59.75 and $60.46. Commenting on the share-buying frenzy was Jonathon Moreland, director of research for InsiderInsights.com, who said that "I love seeing buying into strength. It indicates the insiders feel that what made the stock rise in the recent past is likely to continue."  Much of this turnaround has been attributed to James Reid-Anderson, a former advisor to Apollo Management.

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