Newsletter subscribers, website and blog visitors must read and agree to this disclaimer in its entirety:
- Our research, ideas, and trades are protected by the First Amendment and the publishers exclusion set forth in the Section 202(a)(11)(D) of the Investment Advisers Act.
- Our newsletter contains our own research, trades and analysis, which should not be construed as an offer or advice to buy or sell any security.
- The newsletter does not offer personalized investment advice, it is of general and recurring circulation and it is not specific in timing to any particular security. The newsletter is published on a weekly basis, and updates are provided as they are available.
- All research is based on publicly available information, and while we strive to collect and analyze that information accurately, we offer no warranties, express or implied, that the information and its analysis is accurate or complete.
- Subscribers should perform their own data collection and analysis, and must not rely on our research to formulate or execute any trades.
- We always hold positions in the securities we write about, unless we state otherwise. As a good business practice, we disclose the opening trades, closing trades, and the trades in securities which are related to ones we have written about in past newsletter issues, i.e. if we trade a derivative instrument on an equity which was profiled in a past issue of the newsletter, we would make every effort to disclose that trade in a timely manner. Notwithstanding the above statement, we are under no obligation to disclose our purchases or sales of any security whatsoever.
- We research and trade securities for our own financial benefit, and not anyone else’s, and we stand to experience financial gains or losses from trading.
- We are not open to outside investors for investment, and we are fully owned by family members.
- We are never directly or indirectly compensated by any security issuer or any other related or unrelated party.
- The newsletter is for educational and entertainment purposes only.
- Investors and subscribers should engage registered financial advisers, attorneys and tax consultants regarding all financial issues and advice.
- Investing in securities carries substantial risks, and investing in certain financial instruments carries additional risk of losing much more than the initial investment or the initial margin requirement.