Investment Newsletters: Analysis or Advertising
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(pg. 3)
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“the publisher may provide investment banking services.”
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“The publisher reserves the right to buy or sell stock in any featured
company”
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“The publisher may receive compensation for the efforts in presentation,
and dissemination of information on companies featured on our Website and
within our newsletters”
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“We receive fees from the companies we write about in our newsletter."
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“The publisher will trade in these positions prior to stock pick announcement.and
its administrators, representatives or employees reserve the right to liquidate
or sell all or portions of these positions immediately after the stock
pick announcement in our newsletter”
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“we may be paid a fee by the company referred to in this newsletter”
Problem With These Disclaimers
The problem with all of these disclaimers is that they hint at the fact
that they have received compensation directly or indirectly but never indicate
the amount of thecompensation which is unlawful. If you come across any
such statements, then be aware that the publisher is not giving an impartial
professional analysis of the company that he or she is recommending. He
or she is being compensated to promote the stock. Our only advice: stay
away or invest and be prepared to lose money.
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(pg. 3)