Well, I don't think Bill Gates is holding this anymore. I think he sold out a long time ago. I think he either sold out at end of 2012, or beginning of 2013. I know it was not too long after the election. I had a link that had the current share holders and price list for the top 10 holders, and hedge fund holders. He disappeared from that around the time I mentioned.
My guess is he figured he'd never get his money back and sold whatever he had left and took it as a loss. You would think that since he lost so much anyways, he would just keep it all in and fight to get some of it back, and he would still be able to write it off as a loss. But, as of right now, I don't see him holding anything. I never heard or saw anything about Buffett holding any shares.
If I find that link again, I'll send it. I stopped watching it months ago as it wasn't doing any good.
by the way, I heard back from the person I mentioned earlier and they talked to the lawyers that is trying to get the EC. They are still watching the case and waiting to see if they can still jump back in with an EC.
This is the email I got:
**begin email**
Frank,
Just got off of an interesting phone call with Mike C. at McKool Smith. I am sharing with him an argument I just used in another bankruptcy case; the same one that a very large hedge fund wanted me to pursue, but it was too late by the time they asked for my involvement.
Briefly, his second argument and response was filed under seal, as they took discovery from the Debtors and agreed that there was confidential material contained therein that warranted protection. (I disagree with filing under seal, as does the court, in a new decision, but most haven't become familiar with the new ruling yet). Mike is following the case, and is determining whether or not he'll go back in another door, or whether to take another run at an EC...I think he and I will stay in contact, and I'll pass along anything of interest.
Regards,
**end email**
I'm going to give them a call tomorrow and go over this email I just got from them to discuss in more detail. I have also passed on the recent press releases that I saw and others that were posted today.
if there is anything worth sharing, I'll post it on here
