Quote:
Originally Posted by bizaro86
The other possibility is he's preparing to buy one of the airlines, either in full or in a huge preferred + warrants deal. When they bought the railway BNSF they had positions in the other railroads at the time, which they sold.
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Hard to say. His positions are still in these airlines, just under the ten percent required for reporting. It just means they don't have to report anything until ~May 15th now, 45 days after the end of the quarter. Maybe they'll liquidate the remainder of the shares or reduce positions, but we won't find out for a month and a half.