Hello all. I've lurked this trading forum for a while and have benefited greatly from the insight of some of the long-time posters such as Ahnuld, Toothsayer, Rikers, and MyrnaFTW, and Rafiki. I have a quick question regarding a 13-D filing that I thought some of you experienced traders/investors may be able to answer.

Over the past two years, I have developed a significant (for me) position in SKUL. Rick Alden, the founder of SKUL and current board member owns ~15% of SKUL. Over the past year, Mr. Alden and his trust have disposed of significant amounts of SKUL, approx. 1.6 million shares, pursuant to a 10-b(5) trading plan. I believe traders have used these planned monthly and weekly dispositions to artificially deflate the SKUL share price. I also think management took a bunch of one-time earnings hits in Q4 2015 that helped this strategy.

This afternoon Mr. Alden filed a Schedule 13(D) stating that he intended to pursue a go-private transaction in SKUL. Can anyone tell me what this means? The 13(D) is non-binding. Do activists/insiders usually follow through with these plans? Are there any real protections for minority investors?

I believe the company is about to take off. Hoby Darling, the CEO brought in from Nike 3 years ago, has cleaned the company up and turned it around. They're introducing a new technology, Virtual Reality Audio, in Q4. They also own Astro Gaming, a company poised to dominate gaming audio the way Beats has dominated regular headphones. I feel like I'm getting royally screwed if Alden gets to buy the company at anywhere near its closing price today ($4).

Thanks for any insight you can provide!