It will save peix a lot of money. And the threat of Bill Gates selling will be over with. Bill Gates should have fired his excutives that runs Cascade Group which handles Bill Hates investments investment. Bill Gates could have made millions off of Peix if he sold earlier. WHY???
Could Cascade have taken a short position to offset at one time a solid gain on their PEIX $84 million investment?
Is it possible for Cascade to hold a portion of the current 5 million share short position.
If I had a shares of a company that I had bought for $8 (converted to common ) per share , and then the stock rocketed up during which time I had agreed not to sale the shares.... Unless there was some other legal issue, What would stop me from going into the marketplace and take a short position as an offset?