Disclosure2019-02-14T00:14:38-05:00

Disclosure:

FibMarketWatch.com Reports:

1. Various FibMarketWatch.com Media reports (collectively, “Reports”), are, published by FibMarketWatch.com, LLC, and offered for sale to the general public.

2. The Reports are impersonal and do not provide individualized advice or recommendations for any specific subscriber or portfolio.

3. Investing involves substantial risk. Neither the Author, the publisher, nor any of their respective affiliates make any guarantee or other promise as to any results that may be obtained from using the Reports. While past performance may be analyzed in the Reports, past performance should not be considered indicative of future performance. No reader should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing the prospectus and other public filings of the issuer. To the maximum extent permitted by law, the Author, the publisher and their respective affiliates disclaim any and all liability in the event any information, commentary, analysis, opinions, advice and/or recommendations in the Reports prove to be inaccurate, incomplete or unreliable, or result in any investment or other losses.

4. The Reports’ commentary, analysis, opinions, advice and recommendations represent the personal and subjective views of the Author, and are subject to change at any time without notice.

5. The information provided in the Reports is obtained from sources which the Author believes to be reliable. However, the Author has not independently verified or otherwise investigated all such information. Neither the Author, the publisher, nor any of their respective affiliates guarantee the accuracy or completeness of any such information.

6. The Author is not a solicitation or offer to buy or sell any securities.

7. Neither the Author, the publisher, nor any of their respective affiliates is responsible for any errors or omissions in any Report.

8. Any Report readers who would like a copy of these “Disclaimers and Disclosures” may request a copy by calling 540-556-3467 or emailing.

FibMarketWatch.com is solely for the purpose of analysis and education. Always contact a Financial Advisor before investing.

Learn more: SEC.gov:

Before making any investment based on information in an investment newsletter, independently and thoroughly investigate the investment opportunity.  For more information about how to evaluate a potential investment, read our publication Ask Questions.

  • Touting – promoting a stock without properly disclosing compensation received for promoting the stock.
  • Pump and dump” schemes – pumping up a company’s stock price by making false and misleading statements to create a buying frenzy, and then selling shares at the pumped up price.
  • Scalping – recommending a stock to drive up the stock price and then selling shares of the stock at inflated prices to generate profits.
  • Undisclosed conflicts of interest – falsely claiming to provide independent analysis or failing to explain conflicts of interest (or biases), including financial incentives, that may influence the investment recommendations.
  • False performance claims – misrepresenting the track record of the newsletter’s investment recommendations.

Some investment newsletters claim to be sources of unbiased information, when in fact the newsletter publisher will make a lot of money if the newsletter convinces investors to buy or sell particular stocks.  Do not take comfort because a newsletter encourages you to purchase or sell a stock through your own brokerage account.  Even if you do not give the newsletter publisher any money to place trades for you, the newsletter publisher may profit from your trading activity.  For example, you may purchase a stock (causing the stock price to rise) and then the newsletter publisher may sell its shares of that stock (profiting at your expense).

If a newsletter promotes a particular stock, read carefully what the newsletter says about compensation it receives and look for these red flags:

  • No disclosures. Be suspicious if the newsletter does not disclose having received any compensation.
  • Vague disclosures. Be skeptical of newsletters that do not specifically disclose who paid them, the amount, and the type of payment.  The following examples raise red flags because they do not contain specific information:

“From time to time, the Newsletter may receive compensation from companies we write about.”

“From time to time, the Newsletter or its officers, directors, or staff may hold stock in some of the companies we write about.”

“The Newsletter receives fees from the companies we write about.”

  • Buried disclosures. Be wary if the newsletter’s disclosures are difficult to find or appear in tiny, hard-to-read print.
  • Questions about your stock purchases. Be careful if a newsletter representative asks you detailed questions about your stock purchases like how many shares you bought, when you purchased the shares, or which broker you used to buy the shares.  The newsletter publisher may make money based on the amount of shares its subscribers buy.

Even if a newsletter makes specific disclosures about being compensated for promoting a stock, be aware that fraudsters may include such disclosures to create the false appearance that the newsletter is legitimate.

Online Investment Newsletters

Resources:

https://www.sec.gov/investor/tools.shtml

Hundreds of online investment newsletters have appeared on the Internet in recent years. Many offer investors free of charge seemingly unbiased information about featured companies or recommend “stock picks of the month.” While legitimate online newsletters can help investors gather valuable information, some online newsletters are tools for fraud.

Some companies pay the people who write online newsletters cash or securities to “tout” or recommend their stocks. While this isn’t illegal, the federal securities laws require the newsletters to disclose who paid them, the amount, and the type of payment. But many fraudsters fail to do so. Instead, they’ll lie about the payments they received, their independence, their so-called research, and their track records. Their newsletters masquerade as sources of unbiased information, when in fact they stand to profit handsomely if they convince investors to buy or sell particular stocks.

Some online newsletters falsely claim to independently research the stocks they profile. Others spread false information or promote worthless stocks. The most notorious sometimes “scalp” the stocks they hype, driving up the price of the stock with their baseless recommendations and then selling their own holdings at high prices and high profits. To learn how to separate the good from the bad, read our tips for checking out newsletters.

Recent Replies

Go to Top