In our 11/18/2013 article, “Baker Street Capital’s Big Bet: The Next Catalyst to Drive USA Truck Shares Higher” we highlighted GeoBargain $USAK as a prime acquisition candidate. One of our reasons was the 13D/G filings by Baker Street Capital and Stone House Capital Management. Stone House Capital filed a 13D filing after hours on 1/28/2014 increasing its stake (for the third time) in USAK to 14.7% from 14.2% in its last filing. What investors should note, is that Stone House original ownership filing was filed as a 13G and now it has filed a 13D. The major difference is a 13G filing signifies a passive stance by the investor, whereas an investor who elects a 13D filing may be proactive and engage in communication with the company about strategic direction.
Stone House Capital Increases its Stake and Becomes an Active Investor in GeoBargain USAK
About the Author: stoup
Manny Stoupakis joined GeoInvesting in 2012 as a full time investor after working as a trader and equity analyst apprentice studying under GeoInvesting Co-founder Maj Soueidan since 2010. Before Manny joined GeoInvesting he worked in the sports athletic training field and had little to no finance background. Manny is a great example of the unique blend of people that make up our team, combining the everyday investor with Wall Street. His responsibilities at GeoInvesting include using financial platforms to research and build valuation models, interacting with management and investment professionals, and assisting in article generation for both bullish and bearish research reports.