Mike Arnold
Long only, small-cap, tech, growth at reasonable price

More Catalysts On The Way For Spark

I am on the record here and here discussing my bullishness on Spark Networks (NYSEMKT:LOV) ("Spark"). Spark is comprised of two powerful online matchmaking franchises, jdate.com and christianmingle.com. Since my last narrative, the shares plummeted (a great buying opportunity!) and the company picked up a couple of important catalysts that should help alleviate what I believe is a material mispricing in the shares.

Great Hill Exits

In November, Great Hill Partners announced its intention to sell its 19.7% stake in Spark, which caused a significant temporary supply/demand imbalance and downward pressure on the stock, from which the share price has begun to recover. I understand the Great Hill fund vintage in which Spark was included was mandated to...

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