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, …

06/19/2013 – Palomar Medical Technologies Inc. (PMTI)

Attention, those of you who own Palomar Medical Technologies Inc. (PMTI): PMTI is the target of an acquisition by Cynosure Inc. (CYNO). PMTI shareholders will receive approximately $13.65 per share, half in cash and half in common stock of CYNO.  Because of this agreement, you should sell your shares of PMTI and Transmogrify after June expiration. We’re here to help! …

06/19/2013 – Excel Maritime Carriers, Ltd. (EXM)

Attention, those of you who own Excel Maritime Carriers, Ltd. (EXM): EXM is filing for Chapter 11 bankruptcy and has been delisted and changed its ticker to EXMCF. This will likely leave the stock price with little or no value in the future. In the event of a re-organization, new shares will be issued. The old shares are essentially worthless. …

06/19/2013 – Central European Distribution Corporation (CEDC)

Attention, those of you who own Central European Distribution Corporation (CEDC): CEDC filed for Chapter 11 bankruptcy and has been acquired by Russian Standard. Shares of CEDC are canceled and cease to be publicly traded.  At this time we must recognize the loss in the Snider Investment Method. We recommend these steps to close the CEDC position: • Complete the …

05/15/2013 – Valero Energy Corp. (VLO)

Attention, those of you who own Valero Energy Corp. (VLO): VLO announced a spin-off of CST Brands (CST). Shareholders will receive 11 shares of CST for every 100 shares of VLO.  Due to the spin-off, if VLO is not called away, you should sell your shares of CST after May expiration and use the proceeds to reduce your cost basis. …