Cascade owns 2,408,000 shares of Patriot Coal Corporation (PCXCQ) as of the end of the second quarter of this year, representing about 4.5% of the outstanding shares of the company. This St. Louis, Missouri based company is one of the largest coal mining companies in the US. It closed on Friday at 12 cents a share. On July 9, 2012, Patriot Coal filed for reorganization under Chapter 11 of the Bankruptcy Code.
________ Information on stocks, bonds, real estate, investments, gold, startups, & money ________
Friday, October 04, 2013
Penny Stock Owned by Bill Gates
Bill Gates, founder of Microsoft (MSFT), is the richest man in the United States, with a net worth of $72 billion. All of his investments are handled by his investment vehicle, Cascade Investment LLC. Although Bill Gates owns many large blue chip stocks, he also has a penny stock in his portfolio.
Labels:
Bill Gates,
Cascade Investment,
MSFT,
PCXCQ
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