Principals of the Value Investors Club ("VIC") and entities affiliated with them, and members of the Value Investors Club, may have already established positions in the investment ideas described on VIC and may own, sell or buy any such security at any time. Any information posted to VIC is solely the opinion of the posting member and does not represent the opinion of VIC. Such information may be inaccurate, unreliable, or incomplete. Additionally, Guest Access is provided on a delayed basis, and therefore such information is likely to be out of date. All members and guests should perform their own independent research and analysis before making any investment decisions.

VIC is not a broker, a dealer, or a registered investment adviser. Nothing in Valueinvestorsclub.com constitutes an offer or a solicitation to buy or sell any securities mentioned. Nothing in Valueinvestorsclub.com is intended as specific investment advice and no individual should make any investment decision based solely on any recommendation or analysis provided on Valueinvestorsclub.com. Reliance upon any opinion, advice, statement, memorandum, or information anywhere on this site is at the member's or guest's sole risk, and each member and guest bears responsibility for its own research and investment decisions.

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