07/24/2019 – Weatherford International plc (WFT)

Attention, those of you who own Weatherford International plc (WFT):  WFT has entered bankruptcy, and has changed its symbol to WFTIQ. 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 the WFTIQ …

06/27/2019 – GameStop Corp. (GME)

Attention, those of you who own GameStop Corp. (GME):  GME has announced a voluntary stock buy back offer to its shareholders. More information on the stock buy back can be found here. The company is looking to purchase 12 million shares of outstanding stock, for no less than $5.20 per share and no more than $6 per share. Many of …

06/19/2019 – VF Corporation (VFC)

Attention, those of you who own VF Corporation (VFC):  VFC has completed a spinoff of a new company, Kontoor Brands, Inc. (KTB). More information on the spin-off can be found here. As part of this spinoff,  holders of VFC stock will receive 1 share of KTB for every 7 shares of VFC owned on the date of record, May 10th, 2019. …

05/15/2019 – Anadarko Petroleum Corporation (APC)

Attention, those of you who own Anadarko Petroleum Corporation (APC):  APC plans to merge with Occidental Petroleum Corporation (OXY). The merger includes a trade of $59.00 in cash and 0.2934 shares of OXY for every 1 share of APC previously owned. Because of this agreement, you should sell your shares of APC on Trade Day, and Transmogrify if necessary. If you are able to …

04/25/2019 – Hovanian Enterprises (HOV)

Attention, those of you who own Hovanian Enterprises (HOV): HOV has enacted a 1 for 25 reverse stock split. 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 next Trade Day. We’re here to help! If …

04/25/2019 – Goldcorp Inc. (GG)

Attention, those of you who own Goldcorp Inc. (GG):  GG has merged with Newmont Mining Corp. to form Newmont Goldcorp Corp. (NEM). The merger includes a trade of 0.328 shares of NEM for every 1 share of GG previously owned. Because of this agreement, you should sell your new shares of NEM on Trade Day, and Transmogrify if necessary. If you are able to sell …

04/17/2019 – Rowan Companies plc (RDC)

Attention, those of you who own Rowan Companies plc (RDC):  RDC has completed a merger with Ensco plc (ESV). The merger includes a trade of 0.687 shares of ESV for every 1 share of RDC previously owned. Because of this agreement, you should sell your new shares of ESV on Trade Day, and Transmogrify if necessary. If you are able to sell your shares …

4/17/2019 – Ensco plc (ESV)

Attention, those of you who own Ensco plc (ESV):  ESV has merged with Rowan Companies plc, to form a new company, Ensco Rowan plc, trading under the ESV ticker symbol. Pursuant to this transaction, ESV has enacted a 1 for 4 reverse stock split, to consolidate the shares of the new company. As a result, some alterations need to be made …

3/13/2019 UPDATE – Nutrisystem, Inc. (NTRI)

Attention, those of you who own Nutrisystem, Inc. (NTRI):  NTRI has been acquired by Tivity Health, Inc. (TVTY). The acquisition includes a payment of $38.75 and 0.2141 shares of TVTY for every outstanding share of NTRI. Because of this acquisition, you should sell your shares of TVTY on Trade Day, and Transmogrify if necessary.  On Trade Day, you will need to …

2/18/2019 – Newfield Exploration Company (NFX)

Attention, those of you who previoiusly owned Newfield Exploration Company (NFX);  NFX is the target of an acquisition by Encana Corporation (ECA). The acquisition includes a payment of 2.6719 shares of ECA for every outstanding share of NFX. Because of this agreement, you should sell your new shares of ECA on Trade Day, and Transmogrify if necessary. If you are able to sell …