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flsunchaser

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flsunchaser

Re: 12thman post# 35

Sunday, 01/09/2011 4:16:59 AM

Sunday, January 09, 2011 4:16:59 AM

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This is starting to get interesting since David Tepper, of the Appaloosa Management Hedge Fund, has been reported, this past week, to have recently bought over 7% of DF's common shares, according to a recent Appaloosa filing.

Tepper is said to be a shrewd operator who likes to buy beat down equities. DF is the largest dairy in the country and it has been beat on for all of last year.

Since the news, this week, that DF has been restructuring its debt by selling several yogurt plants. Some are of the opinion that DF is cleaning up it's balance sheet's act, to get ready for a merger with Dannon, by eliminating anti-trust issues,

We shall see.

Any opinions expressed by flsunchaser are intended solely for the purpose of providing investors with a guideline. No investment idea is guaranteed to be right and all ideas are subject to high risk. Investors should do their own homework.

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