Mr Cooper Group Inc (COOP)

[ReikoBlack]

Are you saying this article is incorrect, then?

The day Tepper’s stake was disclosed, WMIH was priced at $1.88. On Oct. 5, when he sold 8,788,287 shares, WMIH was priced at $2.14, down 17.4% year to date. The sell shrunk his holding by 53.63%, leaving him with 7.6 million shares, or 3.7% of the company.

https://www.forbes.com/sites/gurufocus/2016/10/17/david-tepper-pulls-half-of-backing-of-shell-company-formed-from-washington-mutual-bankruptcy/#6946c19c6ccd

Btw, Appoloosa never sold their WMIH shares. If you pay close attention to the 13F filings, they basically redistributed their shares among 5 different funds. One of the 5 is Tepper's personal fund. I think it was done for state income tax reasons.