Position Alerts

Attention, those of you who own Computer Sciences Corporation (CSC): CSC has undergone a corporate restructuring, and has split itself into two separate companies. You will continue to own the same number of shares of CSC as you did before; however, you will also now own an equal number of the New CSRA position. Furthermore, you will also receive a dividend payment of …

Attention, those of you who own HP Inc. formerly Hewlett-Packard Company (HPQ): HP Inc. has undergone a corporate restructuring, and has split itself into two separate companies. You will continue to own the same number of shares of HPQ as you did before; however, you will also now own an equal number of shares of Hewlett Packard Enterprise Company (HPE). Furthermore, …

Attention, those of you who own HomeAway, Inc. (AWAY): AWAY has been acquired by Expedia Inc. (EXPE). The acquisition will include a buyout of $38.31 for each outstanding share of AWAY. Because of this agreement, you should sell your shares of AWAY as soon as possible, and Transmogrify if necessary.  If you are able to sell your shares above your average cost, there is no …

Attention, those of you who own KLA-Tencor Corporation (KLAC): KLAC has been acquired by Lam Research Corporation (LRCX). The acquisition will include the exchange of all outstanding KLAC shares for $32 in cash and 0.5 shares of LRCX. Because of this agreement, you should sell your shares of KLAC as soon as possible, and Transmogrify if necessary.  If you are able to sell your shares …

Attention, those of you who own EZchip Semiconductor Ltd (EZCH): EZCH has been acquired by Mellanox Technologies, Ltd. (MLNX). The acquisition will include a price paid of $25.50 for all outstanding shares of EZCH. Because of this agreement, you should sell your shares of EZCH as soon as possible, and Transmogrify if necessary.  If you are able to sell your shares above your average …

Attention, those of you who own Polycom, Inc. (PLCM): PLCM has little/no option volume, making it no longer suitable for the Snider Investment Method. Because of the option volume, you should sell your shares of PLCM  and Transmogrify as soon as possible. Those of you who have no current outstanding options for PLCM may sell your shares immediately, rather than wait …

Attention, those of you who own Resources Connection Inc. (RECN): RECN has little/no option volume, making it no longer suitable for the Snider Investment Method. Because of the option volume, you should sell your shares of RECN  and Transmogrify as soon as possible. Those of you who have no current outstanding options for RECN may sell your shares immediately, rather than wait for the …

Attention, those of you who own Peabody Energy Corporation (BTU): BTU has announced a 1-for-15 reverse stock split effective October 1st, 2015. As a result, some alterations need to be made to your Snider Investment Method worksheets. Lattco PRO & Lattco AutoPilot clients: the adjustments have been made for you and should be reflected in your account by Trade Day. We’re here to …

Attention, those of you who own Cameron International Corporation (CAM): CAM has been acquired by Schlumberger Limited (SLB); for complete details on the merger, please use this link. The acquisition will involve the receipt of 0.716 shares of SLB and a cash payment of $14.44 for every share of CAM currently owned. Because of this merger, you should transmogrify your CAM position as soon as possible …

Attention, those of you who own Bio-Reference Laboratories, Inc. (BRLI): BRLI has been acquired by OPKO Health, Inc. (OPK); for complete details on the merger, please use this link. The acquisition will involve the receipt of 2.75 shares of OPK for every share of BRLI currently owned. When the transition is finalized, you will see your BRLI shares replaced with OPK shares in …