|Our letters and
reports, and other materials on this website, are intended for general information and
communication with our existing clients and prospective
clients. They are not a solicitation or recommendation
to buy, hold, or sell any individual security.
securities mentioned therein entail substantial business
and market risks that can result in substantial losses.
They are not suitable for all investors.
We do not make
any recommendation with respect to any security without
first considering the individual needs and circumstances
of a client or prospective client, the composition of a
client's or prospective client's investment portfolio,
and the price of the security at the time a client or
prospective client wishes to conduct a trade. Therefore,
our rating on all securities is "Unrated" (0% "Buy, 0%
"Hold/Neutral", 0% "Sell").
We have obtained information
and data from sources we believe to be reliable, but we
cannot guarantee accuracy or completeness. We provide
links to other websites for convenience only; we have no
control over other websites and do not imply or
guarantee their accuracy or completeness.
information and opinions are subject to change without
The firm and/or its officers, including the
writers of these reports, have long positions
in the securities mentioned in our reports at the time
the reports are released. These positions are subject to
change without notice.
The writers of these reports certify that the views
expressed therein accurately reflect their personal
views about the subject companies and securities.
Although the writers may benefit from taking positions
in the securities, as disclosed in the preceding
paragraph, their compensation is not directly or
indirectly related to the specific recommendations or
views expressed therein.
us if you have any questions about this notice.