Terms of Use

When viewing information, or downloading documents on this website, you agree to the following Terms of Use.


You agree that use of Cloudy Thunder Research’s research is at your own risk. In no event will you hold Cloudy Thunder Research 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 Cloudy Thunder Research 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 Use. You agree and acknowledge that the materials, opinions and contents available on this website are not investment recommendations and are indeed not recommendations of any kind.


This website contains solely our opinions. We are invested behind our investment opinions. Material on this website and all statements contained therein are solely the opinion of Cloudy Thunder Research, and are not statements of fact. Our opinions are held in good faith, and we have based our opinions on facts and evidence collected from public sources that we believe to be accurate and reliable, or from sources whom we believe are not insiders to the companies mentioned herein. 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. 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, Cloudy Thunder Research (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.


Nothing contained on this website is an offer to sell or a solicitation of an offer to buy any security, nor shall Cloudy Thunder Research offer, sell or buy any security to or from any person through this site or reports on this site. Cloudy Thunder Research is not registered as an investment advisor in any jurisdiction. The content and materials contained on this website are provided for information purposes only and nothing contained therein is investment advice nor should it be construed as such. Prior to making any investment or hiring any investment manager you should consult with professional financial, legal and tax advisors to assist in due diligence as may be appropriate and determining the appropriateness of the risk associated with a particular investment. Users of the Cloudy Thunder Research website and any material contained therein shall not use the site at any time for any purpose that is unlawful or prohibited and shall comply with any applicable local, state, national or international laws or regulations when using the site.


Our research and reports express solely our opinions, which we have based upon generally available information, field research, expert consultation, 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. However, such information is presented “as is,” without warranty of any kind, whether express or implied. Cloudy Thunder Research 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 Cloudy Thunder Research does not undertake to update or supplement any reports or any of the information, analysis and opinion contained in them.

Cloudy Thunder Research and the terms, logos and marks included on this website that identify Cloudy Thunder Research services and products are proprietary materials. Copyright in the pages and in the screens of this website, and in the information and material therein, is proprietary material owned by Cloudy Thunder Research unless otherwise indicated. Unless otherwise noted, all information provided on this site is provided by Cloudy Thunder Research and is subject to copyright and trademark laws. Logos and marks contained in links to third party sites belong to their respective owners.


Any links from our site or our reports are provided for viewer convenience. Cloudy Thunder Research is not associated or affiliated with any linked sites. Independent providers have prepared all information accessible through these links.


The research and reports on this website reflect the opinions of Cloudy Thunder Research, and we have based our opinions on facts and evidence collected from public sources that we believe to be accurate and reliable, or from sources whom we believe are not insiders to the companies mentioned herein. At any time, you should presume that the principals of Cloudy Thunder Research and/or Cloudy Thunder Research clients and/or investors hold trading positions in the securities covered on the site and therefore stands to realize significant gains in the event that the price of the stocks covered herein rises or declines in conjunction with our opinion. We are certainly NOT in business of making investment recommendations. Read and use our reports at your own risk, and most important of all, DO YOUR OWN RESEARCH.

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