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CS does not rent, sell, or divulge its subscription list. We do
this to protect the privacy of our subscribers. Rosanne & I are
owners of WallStreetCorner.com, Inc. ("WSC"). As you can see from
the disclaimers on the site, WSC charges public companies $2,500
for a full six months of participation on the site, but as indicated,
there has never been, is not now, & never will be any charge for
editorial coverage in CS, or in the "Larry Oakley's Opinion" section
of WallStreetCorner, or in my lectures at investment seminars &
conferences, or on any radio or TV shows in which I am interviewed.
While Rosanne & I are not owners, officers, or directors of Stockcom
Inc. ("SI"), I am a consultant to them. SI exposes emerging growth
companies to brokers throughout the United States on a one-on-one
discussion basis.
A company's unique product or service, growth potential, & other
fundamentals that cause me to write about it are similar to characteristics
SI &/or WSC seek in clients or participants. Result: Some companies
covered in CS may be invited by SI to use its services, or by WSC
to be participants. I also cover some companies that became SI clients
or WSC participants before they were considered candidates for CS.
Becoming a SI client, or being a participant on WSC's site is not
a prerequisite to being covered in CS. In any case, it is always
pointed out to every company I talk with that coverage in Conservative
Speculator is & has always been free of charge, & there are no prerequisites
of any kind other than my conviction that the company has the potential
to appreciate. Of the 30 Update Briefs, Sneak Previews, & Recommendations
in this issue, BHIT, DCHT, JOCK, USVO, & WOTC are either SI clients
or participants on WSC.
If Rosanne or I, directly or beneficially, invest in any company
recommend-ed in CS, or that is a client (or candidate client that
we know about) of SI, or a participant in WSC's site, I will disclose
it in the next issue. If any company in which we have an investment
is covered, I will disclose that as part of the coverage of that
company.
The Recommendations, Update Briefs, & Sneak Previews in this newsletter
may include forward-looking information as that term is defined
in the Private Security Reform Act of 1995, & which can be identified
by such terminology as "predicts," "projects," "believes," "estimates,"
"should," "contemplates," "expects," "anticipates," "may," "will,"
&/or any variation of these &/or similar terms. Such information
& the related company are subject to many risks & uncertainties.
There can be no assurance that actual results, business conditions,
business develop-ments, losses & contingencies, & local & foreign
factors will not differ materially from those suggested in the forward-looking
statements as a result of all sorts of factors (just a few examples:
market conditions, competition, advances in technology, acquisitions,
mergers, potential litigation, personnel changes, market changes,
capital availability). In short, there are absolutely no guarantees
when it comes to future performance. That's one reason why I strongly
recommend that you talk to a senior management person at any company
in which you contemplate taking a position, & form your own opinion
before proceeding with any investment.
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Important Strategies
These comments apply to every situation mentioned in Conservative
Speculator. Special situation, low-priced, micro-cap, & high-gain-potential
stocks have high risk. Fortunately, not many speculative situations
turn out to be disasters, but some do -- that is a risk you must
accept. Here are three of my most important strategies:
1. Be prudent -- the total funds allocated to speculative stocks
should be limited to a small percentage of your cash, certainly
no more than you could lose without discomfort. I then suggest no
more than 5% of that small portion be invested in any one stock,
to spread your risk.
2. Do not accept my opinion as the reason to invest. Call the
company. Get a feel yourself. If you are not totally comfortable,
pass. I give you an ample number of possibilities. My task is to
expose you to potentially profitable situations. You have the responsibility
of making any investment decision. Do not give up that responsibility.
3. Since in a monthly newsletter, even with the planned e-mail
updates, it is not possible to tell you when to sell, I suggest
you apply a moving stop-loss strategy. If the price goes up, raise
your stop-loss guideline point to something like 20% below the new
price. Keep doing that as the price rises. If the price goes down
to your stop-loss point, grit your teeth & sell. This limits loss,
but lets profits increase.
Important Information Regarding CS & Special
Situation Investing
Conservative Speculator ("CS") is published monthly. Contents copyright
by Conservative Speculator. Editor: Lawrence C. Oakley; Publisher:
Rosanne C. Oakley. All rights reserved. This newsletter, or any
part thereof, may not be copied, duplicated, reprinted, or republished
in any form, on or off the Internet, without the written permission
of CS.
Our information is from sources we believe reliable, but we do
not guarantee it; errors are inevitable. It is not all-inclusive.
Do not rely on it as the sole source of data/opinion for making
decisions. Invest in stock only after consulting your investment
advisor, & reviewing financials from the company. Call each company
before investing. CS & its owners are not brokers, dealers, or investment
advisors. Neither the information nor any opinion expressed herein
constitutes an offer or the solicitation of an offer to sell or
buy any security.
We do not endorse the views/opinions of editorial contributors
or our sources of information. Do not assume stocks covered will
be profitable, or will equal past performance. The stocks covered
in CS are highly speculative -- see comments under "Important Strategies."
Art ready-for-camera for reprints of a recommendation in the form
of a two-sided single sheet can be created by Larry Oakley at extra
cost -- call him @ 843-705-5591, fax him at 843-705-5592, or e-mail
him at up415@aol.com. Purchase of art never has been, is not now,
& never will be a prerequisite for editorial coverage.
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or AMEX, call 843-705-5591, fax 843-705-5592, e-mail up415@aol.com,
or write Conservative Speculator, 5 Savage Court, Bluffton, SC 29910.
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