Replies to post #1481 on Cal Dive International Inc (CDVIQ)

[c-dive]

The thought crossed my mind to sell too till I read the report. The report makes it sound like they are trying to get rid of their subsidiaries. As long as Cal Dive the parent company survives that's all that matters and nothing was mentioned in the report about about any actual chapter 7 for Cal Dive. I'm still holding on to hope. I've held on this long for almost two years now; I think I am going to ride this out to the end.

[I-Glow]

If the unsecured debt had the assets as collateral - it would be secured debt.

Common shareholders are last in line to be paid.

1. Government/IRS
2. Secured creditors
3. Unsecured creditors
4. Preferred shareholders
5. Common shareholders

Generally common shareholders don't do very well in bankruptcy.

IG

[cbynote01]

You should have never sold...... Their balance sheet has 1 million in common stock....... What sense does that make literally no sense