My statements regarding stocks/options are not recommendations, they are for entertainment purposes only. I am sharing my experiences and thoughts as a day-trader and a swing trader. I may buy and sell stocks/options that I discuss at any given time. Sometimes, I sell for profit or loss the very same day that I talk about them. I may trade in and out of a position for several weeks or months. I may sell shares of a company that I have discussed incrementally over time or close my position entirely in a single transaction. Many factors influence my decisions on whether to hold or sell a security, including technical analysis, market sentiment, suspicion of unforeseen dilution/offerings, bad/good news and many others. Many of my transactions result in a loss. If you mimic my actions or use my statements as recommendations you will most likely lose money.
What I am not.
I am not and do not act in the capacity of any of the following; as such, you should not construe my activities as involving any of the following:
An independent adviser or consultant;
An investment adviser or an entity engaging in activities that would be deemed to be providing investment advice that requires registration either at the federal or state level;
A broker-dealer or an individual acting in the capacity of a registered representative or broker;
A stock picker;
A securities trading expert;
A securities researcher or analyst;
A financial planner or one who engages in financial planning;
A provider of stock recommendations;
A provider of advice about buy, sell or hold recommendations as to specific securities; or
An agent offering or securities for sale or soliciting their purchase.
Why is this Disclaimer being provided?
I am providing you with this disclaimer because I am sharing information/my opinion about stocks. This information includes that I may hold, as well as purchase and sell, the securities of a discussed issuer before, during and after I share Information about the company. My statements may unintentionally urge/influence others to purchase the securities of a company while I sell my own shares causing them to lose money which is exactly why you should not take my statements as recommendations.
The anti-fraud provisions of federal and state securities laws require me to inform you that I may engage in buying and selling of company’s securities before, during and after the time I have discussed them.
Are risks in this disclaimer the only risks people should be aware of?
No. There are numerous risks associated with each stock and investors should undertake a full review of each stock with the assistance of the investor’s financial, legal, and tax advisers prior to purchasing the securities of any stock.
What will happen to the shares that I hold during my discussion of them?
I will likely sell the shares I hold while discussing them.
I usually own securities that I purchased on the open market, and may sell these securities during my statements about the securities while sharing favorable information that may influence others to purchase. My selling of discussed securities will likely cause others to suffer losses;
A short time after I acquire a particular stock, I may share favorable information about the stock, unintentionally influencing others, including you, to purchase; and while doing so, I may sell the securities I acquired during my public dissemination of the Information causing me to profit while you suffer a loss;
Should Statements be Considered to be Complete, Comprehensive and Reliable?
No, statements are a snapshot of information that I have found that provides only positive information about the stock I am trading. The Information consists of only positive content. I do not and will not publish any negative information about a stock I am trading; accordingly, investors should consider the Information to be one-sided and not balanced, complete, 100 % accurate, or reliable.
What I do not do?
I may not verify or confirm any portion of the information. I may not conduct any extensive due diligence, nor do research on any aspect of the Information including the completeness, accuracy, or reliability of the Information. I may not review the stocks’ financial condition, operations, business model, management or risks involved in the Issuer’s business or an investment in an Issuer’s securities.
Where does the Information come from?
The Information comes from publicly available sources such as the OTC Markets, Google, NASDAQ, NYSE, the Securities and Exchange Commission’s Edgar database or other available public/news sources.
What will happen if an investor/trader relies on the Information?
If others rely on my Information in making an investment decision it is highly probable that the investor will lose most, if not all, of his or her investment. Investors should not rely on my statements to make an investment decision.
What warranties do I make about the Information?
None. I make no warranty or representation about the Information, including its completeness, accuracy, or reliability and I disclaim, expressly and implicitly, all warranties of any kind, including whether the Information is complete, accurate, or reliable and as such, your use of the Information is at your own risk. The Information is provided as is without limitation.
Who is responsible if an investor relies on the Information?
The investor. I am not responsible or liable for any person’s use of the Information or any success or failure that is directly or indirectly related to such person’s use of the Information because I have specifically stated that the information is not reliable and should not be relied upon for any purpose. I am not responsible for omissions or errors in the Information, and am not responsible for actions taken by any person who relies upon the Information.
What do I urge potential investors to do?
I urge Investors to conduct their own in-depth investigation of the discussed companies with the assistance of their legal, tax and investment advisers. An investor’s review of the Information should include but not be limited to any company’s financial condition, operations, management, products or services, trends in the industry and risks that may be material to the company’s business and other information he and his advisers deem material to an investment decision. An investor’s review should include, but not be limited to a review of available public sources and information received directly from the companies or from websites such as Google, OTC Markets, NASDAQ, NYSE, www.sec.gov or other available public sources.
What are other risks that investors should be aware of?
Any investment in any company’s securities involves a high degree of risk and uncertainty. The securities may be subject to extreme volume and price volatility, especially during the public discussion of them. Favorable past performance of a company does not guarantee future results. If you purchase the securities of the company discussed by me , you should be prepared to lose your entire investment. Some of the risks involved in purchasing securities of the company include, but are not limited to the risks stated below.
I do not endorse, independently verify or assert the truthfulness, completeness, accuracy or reliability of the Information. I conduct limited or no due diligence or investigation whatsoever of the Information or the company and do not receive any verification from the company regarding the Information I disseminate.
If I publish any percentage gain of a company from the previous day close in the Information, it is not and should not be construed as an indication that the future stock price or future operational results will reflect gains or otherwise prove to be advantageous to your investment.
The Information may contain statements asserting that a company’s stock price has increased over a certain period of time which may reflect an arbitrary period of time, and is not predictive or of any analytical quality; as such, you should not rely upon the (favorable) Information in your analysis of the present or future potential of a company or its securities.
The Information should not be interpreted in any way, shape, form or manner whatsoever as an indication of the discussed company’s future stock price or future financial performance.
You may encounter difficulties determining what, if any, portions of the Information are material or non-material, making it all the more imperative that you conduct your own independent investigation of the company and its securities with the assistance of your legal, tax and financial advisor.
I may sell securities of the company I am discussing for less than target prices set forth in the Information, and I may profit by selling my securities during the discussion while investors encounter losses.
When I acquire, purchase or sell the securities of a discussed company, it may (a) cause significant volatility in the company securities; (b) cause temporary but unrealistic increases in volume and price of the company securities; (c) if selling, cause the company’s stock price to decline dramatically; and (d) permit me to make substantial profits while investors who purchase during the discussions suffer significant losses.
The securities of the companies discussed are high risk, unstable, unpredictable and illiquid which may make it difficult for investors to sell their securities of the companies.
If a company is an SEC reporting company, it could be delinquent (not current) in its periodic reporting obligations (i.e., in its quarterly and annual reports), or if it is an OTC Markets Pink Sheet quoted company, it may be delinquent in its Pink Sheet reporting obligations, which may result in OTC Markets posting a negative legend pertaining to the Profiled Issuer at www.otcmarkets.com, as follows: (i) “Limited Information” for companies with financial reporting problems, economic distress, or that are unwilling to file required reports with the Pink Sheets; (ii) “No Information,” which characterizes companies that are unable or unwilling to provide any disclosure to the public markets, to the SEC or the Pink Sheets; and (iii) “Caveat Emptor,” signifying buyers should be aware that there is a public interest concern associated with a company’s illegal spam campaign, questionable stock promotion, known investigation of a company’s fraudulent activity or its insiders, regulatory suspensions or disruptive corporate actions.
If the Information shared states that a company’s securities are consistent with the future economic trends or even if your independent research indicates that, you should be aware that economic trends have their own limitations, including: (a) that economic trends or predictions may be speculative; (b) consumers, producers, investors, borrowers, lenders and government may react in unforeseen ways and be affected by behavioral biases that we are unable to predict; (c) human and social factors may outweigh future economic trends that we state may or will occur; (d) clear cut economic predictions have their limitations in that they do not account for the fundamental uncertainty in economic life, as well as ordinary life; (e) economic trends may be disrupted by sudden jumps, disruptions or other factors that are not accounted for in economic trends analysis; in other words, past or present data predicting future economic trends may become irrelevant in light of new circumstances and situations in which uncertainty becomes reality rather than predicted economic outcome; or (f) if the trend predicted involves a single result, it ignores other scenarios that may be crucial to make a decision in the event of unknown contingencies.
The Information shared is presented only as a brief snapshot of the company and should only be used, at most, and if at all, as a starting point for you to conduct a thorough investigation of the company and its securities. You should consult your financial, legal or other adviser(s) and avail yourself of the filings and information that may be accessed at www.sec.govwww.sec.gov, www.otcmarkets.com or other electronic media, including: (a) reviewing SEC periodic reports (Forms 10-Q and 10-K), reports of material events (Form 8-K), insider reports (Forms 3, 4, 5 and Schedule 13D); (b) reviewing Information and Disclosure Statements and unaudited financial reports filed with the OTCMarkets.com; (c) obtaining and reviewing publicly available information contained in commonly known search engines such as Google; and (d) consulting investment guides at www.sec.gov and www.finra.org. You should always be cognizant that the companies discussed may not be current in their reporting obligations with the SEC and the OTC Markets and/or have negative legends and designations at otcmarkets.com.