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We are investors. We are biased. So are other investors. So are the companies we discuss. So are the banks that raised money for such companies. If you are invested (either long or short) in a company, so are you. Just because we are biased does not mean that we are wrong. We, like everyone else, are entitled to our opinions and to the right to express such opinions in a public forum. We believe that the publication of our opinions and the underlying basis for such opinions is in the public interest.
You agree that use of Glaucus Research California LLC’s (“Glaucus”) research is at your own risk. In no event will you hold Glaucus or any affiliated party liable for any direct or indirect trading losses caused by any information on this site. You further agree to do your own research and due diligence before making any investment decision with respect to securities covered herein. You represent to Glaucus that you have sufficient investment sophistication to critically assess the information, analysis and opinion on this site. You further agree that you will not communicate the contents of this report to any other person unless that person has agreed to be bound by these same Terms of Service. If you download or receive the contents of this report as an agent for any other person, you are binding your principal to these same Terms of Service. You agree and acknowledge that the materials, opinions and contents available on this website (or any other Glaucus social media platform, including Twitter, Tinder, Instagram, Snapchat or Facebook), are not investment recommendations and are indeed not recommendations of any kind.
This website contains solely our investment opinions. We are invested behind our investment opinions. Material on this website and all statements contained therein are solely the opinion of Glaucus Research Group California, LLC, and are not statements of fact. Our opinions are held in good faith, and we have based them upon publicly available evidence collected and analyzed, which we set out in our research reports to support our opinions. We conduct research and analysis based on public information in a manner that any person could have done if they had been interested in doing so. You can publicly access any piece of evidence cited in on our website or that we relied on to write our repots. Think critically about our reports and do your own homework before making any investment decisions.
You should assume that as of the publication date of our reports and research, Glaucus (possibly along with or through our members, partners, affiliates, employees, and/or consultants) along with our clients and/or investors and/or their clients and/or investors has an investment position in all stocks (and/or options, swaps, and other derivatives related to the stock) and bonds covered therein (either long or short depending on our investment opinion), and therefore stands to realize significant gains in the event that the price of changes in conjunction with our investment opinion. We intend to continue transacting in the securities of issuers covered on this site for an indefinite period after our first report, and we may be long, short, or neutral at any time hereafter regardless of our initial investment opinion.
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Our research and reports express solely our opinions, which we have based upon generally available information, field research, inferences and deductions through our due diligence and analytical process. To the best of our ability and belief, all information contained herein is accurate and reliable, and has been obtained from public sources we believe to be accurate and reliable, and who are not insiders or connected persons of the stock covered herein or who may otherwise owe any fiduciary duty or duty of confidentiality to the issuer. However, such information is presented “as is,” without warranty of any kind, whether express or implied. Glaucus makes no representation, express or implied, as to the accuracy, timeliness, or completeness of any such information or with regard to the results to be obtained from its use. All expressions of opinion are subject to change without notice, and Glaucus does not undertake to update or supplement any reports or any of the information, analysis and opinion contained in them.
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