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Disclosure and Trading Policy

It should not be assumed that current recommendations will equal past performance or be profitable. The information presented has been obtained from sources believed to be reliable, but accuracy cannot be guaranteed. All material is subject to change without notice. Opinions offered are not personalized recommendations to buy, sell or hold securities. Officers, employees and affiliates of Roeing Research and Trading LLC may transact in Purchase and/or Sale Recommendations of the InternalTrends Blog or eNewsletter but not before the fourth day after the recommendation has been posted on the website; an exception being made for limit and/or stop orders that are not triggered at the time of dissemination. Securities mentioned in other parts of the eNewsletter or Blog may be bought or sold at any time.