TLC Vision Corp. (NDAQ:TLCV) may find itself in hot water soon after one of its largest holders changed its filing status from 13G to 13D, indicating a more activist stance. Sowood Capital Management, an 8.1% holder in the company, filed a 13D today stating that they are "filing this Schedule 13D because Sowood anticipates seeking to engage in discussions with management of the Issuer." This news comes as the company's stock has moved down from $7 per share in early 2006 to a low of $4 per share just a few weeks ago. Clearly, changes are needed in this company and shareholders are betting that Sowood has the answers, as the stock moved up over 5% in early morning trading today. While we do not know any details, this is definitely a stock worth watching in the next few months.

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