Celadon Group Inc (CGIP)

[jablome]

not this one

[First Crown Research]

what'd they get a 2 week extension? big whoop. nothing finalized with the equity injection either. We've heard this story from management before. latest NT 10-Q also says they had another unprofitable quarter.

[protagonist12]

lol right back to where it was.

[First Crown Research]

#CelaDONE

[JefftDecker]

yes i did look at that, what i seee is the

VTX starting to diverge on the daily chart, 1.30 to 1.40 s about it but
it can float along, here is good example weekly chart for TREE

thanks

[stocktrademan]

CGI looks like a go, inverted head and shoulder pattern

what do you think

Yeah it looks like it's worth a try there... I myself would just keep a stop under the central pivot and size the trade accordingly, not to take on something that is a large part of my funds to trade with but that's with any trade really.

Looks like you found a chart that works well with the Vortex Indicator repeatedly. I guess you only need one and can trade it over and over!

Vortex Indicator Definition and Tutorial
http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:vortex_indicator

I would say however right now the weekly vortex trend is bearish, so if trading bullish counter-trend expect those moves to be smaller than the bearish ones as they have been recently. So this would be a chart one would want to keep an eye on and have fast reflexes.

weekly trend (currently bearish)


daily timing (currently favors bearish trades)

[JefftDecker]

CGI looks like a go, inverted head and shoulder pattern

what do you think

[stocktrademan]

CGI buy 7.25

















normal chart




log chart

[stocktrademan]

CGI buy 4.6305

breaking out above the ichimoku cloud









normal chart




log chart

[stocktrademan]

CGI buy 4.15









normal chart




log chart

[fredugsi]

Paul Will getting 25k/mo consulting fee for a year!! What a joke. He responsible for $12 to $2. Board needs to be fired.

[ClayTrader]

* * $CGI Video Chart 07-14-17 * *

Link to Video - click here to watch the technical chart video

[stocktrademan]

CGI buy 2.95









normal chart




log chart

[fredugsi]

New CEO at CGI. Impressive resume.

[fredugsi]

Lawsuit a firm go. Please have this company pay for their crooked financial accounting. Please have company leadership go to jail! Hope is for activist shareholder to take board seat and shake 'em up!

[fredugsi]

Interesting that news today didn't cause stock to go up...why? Because class action suit lawyers were in front of judges today! FACT!

[fredugsi]

Interesting that black rock now big shareholder. If audit can come out clean (big if), this stock could be a double in a year. I still think someone will buy them out.

[Alyssa]

Blackrock now owns 6.4%.

http://ih.advfn.com/p.php?pid=nmona&article=74959986

[fredugsi]

Lightspeed specializes in bankruptcy situations--that's why they bought in.

[SaifCAL]

If the future is that dark, I dont understand why Litespeed Management reports 7.8 percent passive stake in Celadon Group as of May 18, 2017.

I think some analyst over estimated the risk,
we saw many buying in the last 2 weeks and stock price jumped after hours yesterday to $3.55

http://www.reuters.com/article/brief-litespeed-management-reports-78-pe-idUSFWN1IS0NC

[fredugsi]

Will probably report bankruptcy before earnings. No one cares about earnings!

[BHoz]

Will CGI report earnings or nothing until august?

[wiltonio]

Litespeed Management, L.L.C. has filed a new 13G, reporting 7.8% ownership in $CGI - https://fintel.io/so/us/cgi and https://fintel.io/i/litespeed-management

[wiltonio]

Wellington Trust Company, National Association Multiple Common Trust Funds Trust, Micro Cap Equity Portfolio has filed a new 13G, reporting 5.2% ownership in $CGI - https://fintel.io/so/us/cgi

[aristotelisonassis]

long

[pennystockingz]

$CGI grabbed a starter

[value1008]

Your very names suggests you are an inveterate shortseller, so you're probably just talking your book here. I don't have time to track your posting history to see if you actually go long any stocks.

On CGI, note the following, which, if signed, will likely zoom CGI back up to $3 or $4/share:

Term Sheet for New Credit Facility

The Company has reached an agreement in principle with Bank of America, the agent under its current credit facility, for a new $225 million senior secured revolving credit facility ("Proposed ABL Facility"). The Proposed ABL Facility will be used to refinance the Company’s existing credit facility and support the Company’s ongoing working capital and general corporate needs. Availability under the facility will be based on a borrowing base including accounts receivable, equipment, inventory, and real estate at customary advance rates. The expected closing date is on or about June 30, 2017, subject to customary closing conditions including negotiation and execution of definitive agreements, due diligence, and requisite approvals.

[stock4fun]

Don't expect this stock will up $2/sh. Big Boys were dumping to $1.35/sh always have a reason.

[stock4fun]

Big Boys were dumping @ $1.35/sh yesterday. in this few weeks you will see this dog dropping @lease below $1/sh and back up or lower to BK.

[fredugsi]

Stephens hired by CGI to look at strategic alternatives. Stephens located next to JBHT headquarters in Little Rock, AR. Coincidence?

[ClayTrader]

* * $CGI Video Chart 05-02-17 * *

Link to Video - click here to watch the technical chart video

[Full Contact Yoga]

Great bounces all day, big boys doing nothing...

[T695]

Probably see $1.70 plus after hours

[stock4fun]

Look Like tomorrow they will hang this stock to dead. This is a reason Big Boys on the know are dumping out like crazy. more bad than good @ this time. should not hold and if you want some, Ok tomorrow after conference call.

[fredugsi]

Conference call tomorrow will be catalyst for 50% bump. Play the options.

[stock4fun]

Something fishy. Big Boys are dumping shares is not good. We will see share price lower and lower to chapter 11. To be safe, if you want to have some piece of this, I think after host call May 3 at 9am.

[Full Contact Yoga]

My order is still open as well...we shall see, good luck.

[T695]

About to retest it, if it holds I may take a bite

[Full Contact Yoga]

Tried, no fill @ $1.30...

[T695]

Anybody looking to play a bounce??

[willlbone]

Down 60% and falling.

[fredugsi]

Good timing on selling today. It should be interesting tomorrow and Wed

[cjmeyer]

Amazing how they screwed the investors here.I got lucky and got rid of a bunch this afternoon.Tomorrow going to be a wild ride.Good Luck Fred

[fredugsi]

$2.75 bid after company releases news. $10 million loss in quarter. B of A gives them new $225 million line of credit. Crazy? Conference call not till 5/3. Just dumbfounded!

[cjmeyer]

Everybody wants a piece of the same pie.Earnings are due A/H on May 3.Should be an interesting CC

[fredugsi]

Now it's 10 law firms...

[fredugsi]

9 separate law firms after them. $9 to $4 in 3-months. This mgmt. team was never heavy owners of their stock so no reason to step up now, especially since there could be criminal charges coming!

[cjmeyer]

Would be nice to hear something from them that is positive.Doesn't look like any insiders are buying these dips.

[fredugsi]

I'm thinking "....has been hired to look at strategic alternatives" will be in the earnings date announcement. Shorts will be destroyed short-term until more clarification comes. Time to buy some $5 May/June calls for ridiculous prices.

[cjmeyer]

Totally manipulated by whomever!As soon as it begins to rise the ASK is slammed with shares.WTF is the quarterly due?No news from company.