Appaloosa LP Looks to Have Timed Micron Nicely

Appaloosa increased the position by 567% in the third quarter after almost completely liquidating in the second. Since then Micron has rallied 30%.

Appaloosa’s manager, David Tepper, owns the Carolina Panthers and has sat on the investor advisory committee for the New York Fed. It has also been reported that he keeps a pair of brass testicles in a “prominent” spot on his desk — sometimes rubbing them for luck before the trading day.

View their holdings

Did not receive permission to use this picture.

Leave a Reply

%d bloggers like this: