Late last week, a filing with the SEC revealed that Roseland, NJ-based investor Harsha Gowda has acquired a little more than one million shares of Books-A-Million stock through his five-year-old investment firm Blueshore Capital Management. The acquisition gives Gowda a 6.38 percent stake in BAMM, accumulated over the past year with a “big increase during the recent sharp price drop,” he said in an interview with us Thursday morning. (The stock has been as high as $6.10 a share during the year, but it now trades at $2.30 a share.) Gowda’s fund focuses on buying stock in companies “that we […]
