Our Relationship with Our Readers and Members

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Neither publisher of this web site, nor any author or affiliate thereof, is a registered an investment adviser with the SEC or any state. We rely upon the “publisher exclusion” from the definition of investment adviser under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state laws. We provide bona fide research services and investment newsletters that are generally available for subscription by the public. We do not provide any personalized investment or other advice.

Unless specified at the end of a particular post or report, no author holds any position in any securities discussed in that post or report.


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