Replies to post #74 on Celadon Group Inc. (CGIP)

[1manband]

The stock is worthless. Common shareholders will receive nothing pursuant to the bankruptcy.

Before "investing" in this stock, people need to understand how bankruptcy works. By law, common shareholders are dead LAST in line for assets. All the classes in front of them (all debtors and creditors) must be 100% satisfied for what they are owed before common shareholders can even be considered. No exceptions.

There is really no chance of full repayment to all the debtors and creditors in Celadon. Therefore, common shareholders are expected to receive nothing.

And one more thing to consider. Celadon has not filed any of their annual or periodic filings with the SEC in almost 3 years. The stock can be suspended, and then revoked, by the SEC at any time, without any warning. The common shares could be completely worthless immediately at any time.