Attention, those of you who own RadioShack Corp. (RSH): RSH has entered bankruptcy and has been delisted. Its ticker symbol has changed to RSHCQ. This will likely leave the stock price with little or no value in the future. At this time we recommend selling the shares and recognizing the loss in the Snider Investment Method®. We recommend these steps to …
01/19/2015 – Quicksilver Resources (KWK)
We’ve received many inquires from clients about there Quicksilver Resources (KWK) position. Since last Trade Day the symbol changed from KWK to KWKA. It is a result of delisting from normal stock exchanges and moving to the pink sheets due to its low stock price. Unfortunately, this is bad sign for the future prospects of this company. At this time …
12/11/2014 – Mindray Medical (MR)
Attention, those of you who own Mindray Medical International Limited (MR): MR 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 MR and Transmogrify after the December expiration. Those of you who have no current outstanding options for MR may sell your shares immediately, rather than wait …
2/9/2015 – Digital River, Inc. (DRIV)
Attention, those of you who own Digital River (DRIV): DRIV is the target of an acquisition by Danube Private Holdings II, LLC. Because of this agreement, you should sell your shares of DRIV and Transmogrify if necessary. If you are able to sell your shares above your average cost, there is no need to Transmogrify. We’re here to help! Here is a …
12/10/2014 – Tibco Software (TIBX)
Attention, those of you who own Tibco Software (TIBX): TIBX is the target of an acquisition by Vista Equity Partners. Because of this agreement, you will receive $24 per share in cash. If you experience a loss on the position, you should Transmogrify. If you are able to sell your shares above your average cost, there is no need to Transmogrify. We’re …
10/20/2014 – CONVERSANT (CNVR)
Attention, those of you who own Conversant Inc. (CNVR): CNVR is the target of an acquisition by Alliance Data Systems. Because of this agreement, you should sell your shares of CNVR and Transmogrify if necessary. If you are able to sell your shares above your average cost, there is no need to Transmogrify. We’re here to help! Here is a link to the …
09/17/2014 – RockTenn (RKT)
Attention, those of you who own RockTenn (RKT): RKT has announced a 2-for-1 stock split effective August 27, 2014. Some alterations need to be made to your Snider Investment Method worksheets. LattcoPro clients: the adjustments will be made for you and should be reflected in your account by Trade Day. We’re here to help! If you have a position in RKT, …
09/17/2014 – Continental Resources (CLR)
Attention, those of you who own Continental Resources (CLR): CLR has announced a 2-for-1 stock split effective September 10, 2014. Some alterations need to be made to your Snider Investment Method worksheets. LattcoPro clients: the adjustments will be made for you and should be reflected in your account by Trade Day. We’re here to help! If you have a position in …
09/08/2014 – Elizabeth Arden (RDEN)
Attention, those of you who own Elizabeth Arden (RDEN): RDEN shareholders may have received correspondence relating to a tender offer for RDEN shares at $17. This is a partial tender offer for 20% of the shares that won’t affect the implementation of the Snider Method. You can disregard the paperwork and continue the Method like normal. If you have any …
08/27/2014 – International Game Technology (IGT)
Attention, those of you who own International Game Technology (IGT): IGT is the target of an acquisition by GTECH. Because of this agreement, you should sell your shares of IGT and Transmogrify after September expiration. We’re here to help! Here is a link to the Transmogrification document that will tell you step-by-step what to do. LattcoPRO clients: please give us a call before …
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Irving, TX 75062
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