Did any of you buy any dale stock after they declared bankruptcy? A friend of mine bought quite a bit thinking he would make a bundle after the restructuring. Well now that it is all over and Cannondale is back on thier feet how are the stockholders doing. There is no info from the cannondale web site.

 

I believe the stock holders took it in the shorts on that one. Not good.[img]i/expressions/face-icon-small-disgusted.gif[/img]

 

I bought a bunch of it too, speculating that if they recovered it would go back up. When Pegasus took over, I sold it before it crashed and only lost a few cents a share. The shareholders where last on the list to get paid from the sale, and there was no money left for them.