Attention, those of you who own TeleTech Holdings, Inc. (TTEC): TTEC 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 TTEC and Transmogrify after August expiration. We’re here to help! Here is a link to the Transmogrification document that will tell you step-by-step what to do. If …
07/16/2014 – Chesapeake Energy (CHK)
Attention, those of you who own Chesapeake Energy Corporation (CHK): CHK announced a spin-off of Seventy Seven Energy, Inc. (SSE). Shareholders will receive 1 shares of SSE for every 14 shares of CHK or approximately 7 shares of SSE for every 100 shares of CHK. Due to the spin-off, if CHK is not called away, you should sell your shares …
04/17/2014 – LCA-Vision Inc., (LCAV)
Attention, those of you who own LCA-vision Inc., (LCAV): LCAV is the target of an acquisition by PhotoMedex Inc, (PHMD). Because of this agreement, you should sell your shares of LCAV and Transmogrify after April 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 …
04/17/2014 – LDK Solar Co., Ltd. (LDK)
Attention, those of you who own LDK Solar Co., Ltd. (LDK): LDK has been delisted. Its ticker symbol has changed to LDKSY. 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 close …
02/19/2014 – ValueClick, Inc. (VCLK)
Attention, those of you who own ValueClick, Inc. (VCLK): VCLK announced a name and ticker change to Coversant, Inc. (CNVR) effective on February 5th, 2014. Change the ticker on your Individual Stock Purchase Record from “VCLK” to “CNVR” and continue trading like normal using the new ticker. LattcoPRO clients: The adjustments have already been made and should be reflected in …
11/13/2013 – Suntech Power Holdings (STP)
Attention, those of you who own Suntech Power Holdings (STP): STP missed a bond payment back in March and is being pulled into bankruptcy. STP is now delisted from the New York Stock Exchange and is trading over the counter as STPFQ. At this time we must recognize the loss in the Snider Investment Method. To sell your shares of …
08/14/2013 – Cabot Oil & Gas Corporation (COG)
Attention, those of you who own Cabot Oil & Gas Corporation (COG): COG has announced a 2-for-1 stock split effective August 15, 2013. 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 …
07/17/2013 – Coinstar, Inc. (CSTR)
Attention, those of you who own Coinstar, Inc. (CSTR): CSTR announced a name and ticker change to Outerwall, Inc. (OUTR) effective on July 2nd, 2013. Change the ticker on your Individual Stock Purchase Record from “CSTR” to “OUTR” and continue trading like normal using the new ticker. LattcoPro clients: the adjustments have already been made and should be reflected in …
07/17/2013 – STEC, Inc. (STEC)
Attention, those of you who own STEC, Inc. (STEC): Western Digital Corporation (WDC) announced the acquisition of STEC for $6.85 cash per share of STEC. Because of this agreement, you should sell your shares of STEC and Transmogrify after July expiration. We’re here to help! Here is a link to the Transmogrification document that will tell you step-by-step what to …
07/17/2013 – Websense, Inc. (WBSN)
Attention, those of you who own Websense, Inc. (WBSN): Vista Equity Partners announced the acquisition of WBSN for $24.75 cash per share of WBSN. Because of this agreement, your shares of WBSN will be gone and there will be a cash deposit in your account. You should Transmogrify WBSN at your convenience. Since the shares of WBSN are already gone, …
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