Celadon on the ropes...

Discussion in 'Celadon' started by double yellow, May 3, 2017.

  1. IluvCATS

    IluvCATS Road Train Member

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    Never catch a falling knife.
     
  2. spyder7723

    spyder7723 Road Train Member

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    That's what everyone said last spring when it was at 1.50 a share. 6 months later it was well over 7. Obviously not the same situation, but that's why they call it gambling. Sometimes you win and sometimes you lose.
     
  3. MysticHZ

    MysticHZ Road Train Member

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    Yep ... Had a neighbor whose son and wife were running team for a small regional n California at the start of the recession ... They showed up a the yard after their loop, only to find the gate padalocked ... No messages, no phone call ... Nothing.
     
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  4. double yellow

    double yellow Road Train Member

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    They were delisted Tuesday and now trade on pink sheets. New ticker is cgiP
    CGIP - Celadon Group Inc Stock quote - CNNMoney.com

    I first bought some at like $3.80, sold at nearly $6, and when it fell back to $3.65 I bought more thinking it would swing. Oh well, it was a speculative trade.

    I actually bought more today at $1.08 because I still think the company has value and has a fair shot of surviving, but its definitely high risk...
     
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  5. Gunner75

    Gunner75 Road Train Member

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    If they end up selling off the sole could jump incredibly high over night, you just never know
     
  6. scottied67

    scottied67 Road Train Member

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    Talk about one that got away-- tried to fill a limit order for Amazon at $1,350 per share but it only got down to $1,352 on the day low so order did not fill. Wake up this morning, it Opened at $1,450. If I hadn't been so greedy could have scooped up a quick easy $98 bucks a share....
     
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  7. Gunner75

    Gunner75 Road Train Member

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  8. drvrtech77

    drvrtech77 Road Train Member

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  9. IluvCATS

    IluvCATS Road Train Member

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    Are all u guys shorting this stock? The thread reminds me of the old pump and dump posts on yahoo finance, which were amusing.
     
  10. Western flyer

    Western flyer Road Train Member

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    My best friend worked at Jevic.
    They were a good sized company back then.
    Somewhere around a 1000 trucks I guess.
    He came back from a load from Florida,
    Drove to the terminal after getting empty.

    Gates closed,whole place bolted up.
    Not a person in sight. Lol.
    He couldn't even drop the truck off at the yard
    Nobody said a word.
    The whole company just disappeared overnight.
     
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