by Tom Doan
Occasionally in the Snider Investment Method, we will issue a position alert notifying our clients to Transmogrify a position into a new one. This is usually due to a change in the company structure like a buyout or merger or an event that impacts the stock or options, such as options no longer being offered for a position. Without going into too much detail of the Transmogrification process, Transmogrification essentially swaps an old position for a new position.
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