The main subsidiary of Pegasus Communications' is in bankruptcy, nearly 70% of its shares are owned by one person and the short interest is 40% of the shares while its market capitalization of $ 120 million. This case serves as an introduction to a short sale, as well as the problem of investment. "Hide
by All Eaker, Jonathan M. Right Source: Darden School of Business 22 pages. Publication Date: December 9, 2004. Prod. #: UV3977-PDF-ENG
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