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.
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