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Disclaimer

I am an independent pharmaceutical and biotechnology stock analyst. The following disclosures relate to my relationship with securities or issuers covered by this blog (or any other blog), or through my Twitter.

ANALYST DISCLOSURES


I, Jason Napodano, CFA, hereby certify that the view expressed on this or any other blog, or in my Twitter, accurately reflect my personal views about the subject securities. I believe the information used for the creation of articles for this or any other blog or tweets has been obtained from sources I considered to be reliable, but I can neither guarantee nor represent the completeness or accuracy of the information herewith. Such information and the opinions expressed on this or any other blog or via Twitter are subject to change without notice. At times, I submit articles under Seeking Alpha's Premium or Pro programs, which pays on a per click or set rate per article.  I receive compensation from Google Adsense for advertising seen on this blog.

All reports or articles will always disclose my position!

INVESTMENT BANKING, REFERRALS, AND FEES FOR SERVICE

I do not provide nor have I received compensation for investment banking services on the securities covered on this blog or via my Twitter. I do not expect to receive compensation for investment banking services from issues covered by this blog or via my Twitter.

ADDITIONAL INFORMATION

This blog is for informational purposes only. Articles and Tweets are based on information obtained from sources I believe to be reliable, but I cannot guarantee to be accurate nor do I purport to be complete. Because of individual objectives, articles or Tweets should not be construed as advice designed to meet the particular investment needs of any investor. Investing involves risk, and investment in biotechnology stocks involves significant risk. Investors should be aware of these risks and consult a certified financial planner (CFP) before making investment decisions. I am not a CFP. By visiting this blog or my Twitter, investors understand and assume full responsibility for this disclaimer. Any opinions expressed on this blog or via my Twitter are subject to change without notice. Reports or Tweets are not to be construed as an offer or solicitation of an offer to buy or sell the securities mentioned herein. Additional information is available upon request.

RATING & RECOMMENDATION

I use the following rating system for securities covered on the blog:

 - Buy: I expect the stock to go higher.
 - Hold: I expect the stock to trend side ways.
 - Neutral: I believe the risk / reward is balanced.
 - Sell: I think the stock is going lower.

Often, reports or articles will have target prices. I do my best to fully explain how these targets are derived. Ratings or price targets reported on Twitter are associated with articles found or linked within this blog, or articles published on websites such as Seeking-Alpha. A rough estimate of the distribution for securities covered on this blog is: Buy- 75%, Hold/Neutral- 20%, Sell- 5%.

To learn more about me, visit the About Me tab above.

Jason Napodano, CFA

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