How old is Boone Pickens...80 something. He doesn't need to keep all his shares in CLNE. He probably wants to spend some before he dies! His wife still holds 1,700,000 shares. Note: there are some good Institutional holders and Mutual Fund holders invested in this company.
the point is how did they did get their shares They got them to a discount to the rest of share holders besides management Boone is selling because of new law Clne has grown because of rebates and issue of more stock Theres only so much stock you can issue befor the stock is not worth much Boone had a choice several months ago to convert his warranta at $10 a share to stock This would have given clne $150 million dollars and they would not have had to borrow that He did not So any talk of him for clne is just talk It whats for him only