10/13/2016-Joy Global, Inc. (JOY)

Attention, those of you who own Joy Global, Inc. (JOY): JOY is the target of an acquisition by Komatsu. The proposed acquisition will include a buyout of $28.30 for all outstanding shares of JOY. Because of this proposal, you should sell your shares of JOY on Trade Day, and Transmogrify if necessary. If you are able to sell your shares above your average cost, …

10/06/2016-Alcoa Inc. (AA)

Attention, those of you who own Alcoa Inc. (AA): AA has announced a 1-for-3 reverse stock split effective October 5, 2016. 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 on Trade Day. We’re here to help! …

10/03/2016-Cabela’s Inc. (CAB)

Attention, those of you who own Cabela’s Inc. (CAB): CAB is the target of an acquisition by Bass Pro Shops. The proposed acquisition will include a buyout of $65.50 for all outstanding shares of CAB. Because of this proposal, you should sell your shares of CAB on Trade Day, and Transmogrify if necessary. If you are able to sell your shares above your …

9/13/2016-Rackspace Hosting Inc (RAX)

Attention, those of you who own Rackspace Hosting Inc (RAX):  RAX is being taken private by Apollo Global Management and Searchlight Capital Partners. The acquisition will include the exchange of all outstanding shares of RAX for $32.00 in cash. Because of this agreement, you should sell your shares of RAX as soon as possible, and Transmogrify if necessary. If you are able to …

12/20/2016-ITT Educational Services Inc. (ESINQ) ***UPDATE***

Attention, those of you who own ITT Educational Services Inc. (ESI):  ESI has entered bankruptcy, and has changed its ticker symbol to ESINQ. This will likely leave the stock price with little or no value in the future. At this time we recommend selling the shares on next Trade Day and recognizing the loss in the Snider Investment Method®. We recommend …

9/13/2016-SINA Corporation (SINA)

Attention, those of you who own SINA Corporation (SINA):  SINA has announced a spin-off of shares for its subsidiary Weibo Corporation (WB). Each owner of SINA will receive one share of WB for every ten shares owned of SINA. The distribution of the shares for the spin-off is scheduled to be completed on or about October 12, 2016. After the distribution …

8/17/2016-Silicon Graphics International Corp. (SGI)

Attention, those of you who own Silicon Graphics International Corp. (SGI):  SGI is the target of an acquisition by Hewlett Packard Enterprises (HPE). The proposed acquisition will include a buyout of $7.75 for all outstanding shares of SGI. Because of this proposal, you should sell your shares of SGI on Trade Day, and Transmogrify if necessary. If you are able to …

8/1/2016-Multi-Fineline Electronix, Inc. (MFLX)

Attention, those of you who own Multi-Fineline Electronix, Inc. (MFLX):  MFLX has merged with Suzhou Dongshan Precision Manufacturing Co., Ltd. (DSBJ). More information about the merger can be found here. The merger will include a buyout of $23.95 for each outstanding share of MFLX. Because of this merger, you should sell your shares of MFLX as soon as possible, and Transmogrify if necessary.  If …

7/22/2016-Comstock Resources Inc. (CRK)

Attention, those of you who own Comstock Resources Inc. (CRK): CRK has announced a 1-for-5 reverse stock split effective July 29, 2016. 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 on Trade Day. We’re here …

7/22/2016-C&J Energy Services (CJES)

Attention, those of you who own C&J Energy Services (CJES): CJES has entered bankruptcy. This will likely leave the stock price with little or no value in the future. At this time we recommend selling the shares on next Trade Day and recognizing the loss in the Snider Investment Method®. We recommend these steps to close the CJES position: • …