The Graham Investor is an electronic publication, and is for informational purposes only. The stocks profiled by or appearing in screens on The Graham Investor are only company profiles and are not recommendations to buy or sell in these securities. These profiles and screens are compiled from publicly available sources. Our sources include, but are not limited to, online research, company profiles, member suggestions, magazines, newspapers, analyst suggestions, broker recommendations, contact with the company, company rumors, press releases and other similar information sources. All profiles are based on information that is accessible by the public. Investing in stocks involves risk. The Graham Investor is not and does not make itself out to be a registered broker or dealer. You should consult a qualified financial advisor or stock broker before making any decisions to invest in any of these profiles or screened stocks. Stocks profiled or screened on this website and/or through any emailed newsletter sent by The Graham Investor are for informational purposes only. The purpose of these profiles is to make investors aware of these companies and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. The Graham Investor works to verify the accuracy of all information contained on its website but does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. The Graham Investor does not represent itself to be, nor is it, a registered investment advisor or stock broker. As advised before, you should do your own research before making any investment decisions. Past performance of stocks profiled on this website is not a guarantee as to future performance. The performance of other members choosing to invest in any stocks profiled on this site and/or via any emailed newsletter we may send may or may not be an indication as to your performance. The Graham Investor does not receive direct compensation in return for profiling specific stocks. The Graham Investor and its representatives reserve the right to buy and sell any stock profiled or screened on this web site and/or in any newsletter produced by The Graham Investor at any given time. Representatives may include the The Graham Investor editor, family and/or friends. The Graham Investor reserves the right to buy or sell any of these profiled stocks before, during and immediately after they are posted to the site and/or released in a newsletter. They may do this through the use of preset limit orders or by placing limit or market orders. Any recent increase in volume or increase in stock price may be due to The Graham Investor representatives buying. The Graham Investor is not responsible for any gains or losses due to investing in these opinions. Once again,  Obtaining a subscription to any emailed newsletter on this site does not in any way create any principal - agent relationship between The Graham Investor and the recipient. Receipt of the profiled or screened stocks, either via email, or directly from our website, is not in any way a recommendation to buy or sell and should be used for informational purposes only. Short-term trading can be extremely risky. It is highly recommended that when ever making a decision to buy or sell you use limit orders. As with any investment decision, careful research should be done before making any decision to invest. You should also read each individual disclaimer attached to each company profile. You should only invest money that you are willing to lose.

We encourage our readers to use caution when investing and educate themselves at the web sites of the Securities and Exchange Commission ("SEC") at www.sec.gov and/or the National Association of Securities Dealers ("NASD") at www.nasd.com. We encourage you to read up on the SEC's policies regarding online newsletters at www.sec.gov/answers/newsltr.htm. We also strongly recommend that you read the SEC advisory to investors concerning Internet Stock Fraud, which can be found at www.sec.gov/investor/pubs/cyberfraud.htm. Readers can review all public filings by companies at the SEC's EDGAR page. The NASD has published information on how to invest carefully at its web site.