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THE MATERIALS PRESENTED BY GREATPENNYPICKS.COM ARE DESIGNED TO PROVIDE ACCURATE INFORMATION ALTHOUGH THERE MAY BE FACTUAL AND TYPOGRAPHICAL ERRORS: IT SHOULD IN NO WAY BE CONSTRUED AS A REPLACEMENT FOR QUALIFIED, PROFESSIONAL ADVICE. GREATPENNYPICKS.COM AND/OR ITS SUBSIDIARIES, AFFILIATES, AND REPRESENTATIVES ARE NOT ENGAGED IN RENDERING LEGAL, ACCOUNTING, OR OTHER PROFESSIONAL SERVICE. ALL INFORMATION PROVIDED IS SOLELY FOR EDUCATIONAL PURPOSES, AND YOU ARE ENCOURAGED TO SEEK INDEPENDENT ADVICE FROM A COMPETENT PROFESSIONAL PERSON IF LEGAL, FINANCIAL, TAX, OR OTHER EXPERT IF ASSISTANCE IS REQUIRED.

GREATPENNYPICKS.COM AND OTHER MEMBERS/SUBSCRIBERS MAY HAVE POSITIONS IN THE STOCKS MENTIONED, WHICH MAY CHANGE AT ANY TIME, THIS IS NOT AN OFFER TO BUY OR SELL ANY SECURITY. THE RISK OF LOSS IN STOCK MARKET TRADING AND/OR OPTION TRADING CAN BE SUBSTANTIAL. YOU SHOULD, THEREFORE, CAREFULLY CONSIDER YOUR CIRCUMSTANCES AND FINANCIAL RESOURCES WHEN DECIDING WHETHER SUCH FORMS OF TRADING ARE SUITABLE FOR YOU. GREATPENNYPICKS.COM SPECIFICALLY DISCLAIMS ANY PERSONAL LIABILITY, LOSS OR RISK INCURRED AS A CONSEQUENCE OF THE USE AND APPLICATION, EITHER DIRECTLY OR INDIRECTLY, OF ANY INFORMATION PRESENTED BY GREATPENNYPICKS.COM DBA GREATPENNYPICKS.COM THROUGH CLASSES, WEB SITES, WRITTEN MATERIALS, AND ANY OTHER FORM, TRANSMITTED VIA ANY MEDIUM.

In considering whether to trade, you should be aware of the following points:

The national securities markets are extremely efficient and competitive. Successful trading typically requires skill and discipline as well as experience and knowledge of the capital markets. There is no guarantee that you will be successful in implementing your investment strategy. A substantial number of traders and investors will not be successful, including members/subscribers of GREATPENNYPICKS.COM. Moreover, changes in market structure and competitive conditions also may affect your continued success. Only risk capital should be used for trading. Market structure and competitive changes in the markets may cause formerly successful traders to become less successful. Trading can involve a volume of activity. Each trade generates a commission and the total commissions on such trading can be in excess of any earnings. Persons who are new to trading should strictly limit both the number of trades they do and the size of their trades to reduce the risk of large dollar losses during the learning process. Trading activity may result in losses that can exceed 100% of your initial capital. You are solely responsible for any losses in your account. Placing contingent orders, such as “stop-loss” or “stop-limit” orders, will not necessarily limit your losses to the intended amounts, since market conditions may make it impossible to execute such orders. Similarly, using “market orders” can be very risky, since large gaps can occur in price movements of active stocks. Under certain market conditions, you may find it difficult or impossible to liquidate a position quickly at a reasonable price. This can occur, for example, when the market for a stock suddenly drops, or if trading is halted due to recent news events or unusual trading activity. The more volatile a stock is, the greater the likelihood that problems may be encountered in executing a transaction. In addition to normal market risks, you may experience losses due to system failures. The firm and its clearing broker rely upon sophisticated computer software and hardware to execute transactions, which are subject to failure due to a variety of factors. Among other events, you may experience losses due to: system crashes during both peak and low volume periods; the loss of orders and, delayed, conflicting and inaccurate confirmations on orders or cancellations that you initiate. The use of any margin or leverage in an account can work against you as well as for you. Leverage can lead to large losses as well as gains. You may sustain a total loss of the initial margin funds and any additional funds that you deposit with your broker to establish or maintain a position, and you may incur losses beyond your initial investment. If the market moves against your position, you may be called upon to deposit a substantial amount of additional margin funds, on short notice, in order to maintain your position. If you do not provide the required funds within the time required, your position may be liquidated at a loss, and you will be liable for any resulting deficit in your account. You should consult your broker concerning the nature of the protections available to safeguard funds or property deposited in your account.

ALL OF THE POINTS NOTED ABOVE APPLY TO BOTH STOCK AND OPTION TRADING OF DOMESTIC EQUITY SECURITIES. THE RISK OF DAY TRADING AND/OR OPTION TRADING MAY BE SUBSTANTIAL. THIS BRIEF STATEMENT CANNOT DISCLOSE ALL THE RISKS AND OTHER ASPECTS OF TRADING. ONLY RISK CAPITAL SHOULD BE USED FOR TRADING.

GREATPENNYPICKS.COM web sites and all Content and online support services are designed to create a watchlist which can help readers for educational purposes only. This information is provided by our staff, other contributors, and subscribers, many of whom use anonymous screen names and are people we may not know.

As such, we recognize that people sometimes post messages or make statements in our chat rooms that are misleading, deceptive, or downright wrong. They may do this unintentionally or, sad to say, intentionally. The U.S. Securities and Exchange Commission recognizes this and has published information on various Cyberfraud that they have seen. The NASDR has provided its own insights into how to invest carefully in this new, electronic world and NASAA also provides tips on how not to fall prey to online investment schemes. The SEC, NASDR and the NASAA maintain outstanding Web sites at http://www.sec.gov and http://www.nasdr.com, and http://www.nasaa.org respectively.

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