Bks: JANA Write-Up on Barnes & Noble, Inc. (BKS)

BKS had been a profitable short for us and we were already thinking of covering when two things caught our attention: we saw that Jana, a firm we know well and respect greatly, took a big stake, and read the write-up below on our favorite value stockList of stocks who have just hit new 52-week highs as of Monday, April 30, 2012.Barnes & Noble (NYSE:BKS) hit a new 52 week high of $26.00 in intraday.News hit the tape that MSFT will invest $300 MM into BKS to support the NOOK. While we are 1

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