Bill Gates owns shares of stock in Pa...

Bill Gates owns shares of stock in Patriot coal

Posted in the Beckley Forum

I hear

Charleston, WV

#1 Dec 4, 2012
Not many people know, but Bill Gates (Cascade Investments LLC) owns 2.4 million shares of stock in PATRIOT COAL. He bought this 2008 and 2009. He paid over 250k now. But you have to ask yourself do think Bill Gates is going to sit by ad let 56 million dollars go away with out some sort of fight? You can think maybe he can write it off as a loss. but he's ben doing this since 2009. Before it went into bankruptcy it was around 2to3 dollors a share. Now it,s at .10 a share. A couple of things I believe will happen He and his investment firm is expecting some sort of buyout, or actually the same stock shares in the new company when it emerges. This should be for everyone as he is a privately owned share holder. And not on te board. So I'am going to be holding this stock until the end. The stock is a Stong buy. 12/3/2012

Bug Ridge
Level 1

Since: Feb 12

Location hidden

#2 Dec 4, 2012
I hear wrote:
Not many people know, but Bill Gates (Cascade Investments LLC) owns 2.4 million shares of stock in PATRIOT COAL. He bought this 2008 and 2009. He paid over 250k now. But you have to ask yourself do think Bill Gates is going to sit by ad let 56 million dollars go away with out some sort of fight? You can think maybe he can write it off as a loss. but he's ben doing this since 2009. Before it went into bankruptcy it was around 2to3 dollors a share. Now it,s at .10 a share. A couple of things I believe will happen He and his investment firm is expecting some sort of buyout, or actually the same stock shares in the new company when it emerges. This should be for everyone as he is a privately owned share holder. And not on te board. So I'am going to be holding this stock until the end. The stock is a Stong buy. 12/3/2012
Gates is very smart fellow, but he can't get it right every time. Once he found out how bad mountain top removal was he was gonna dump stock in any company that was involved with it anyway.

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