Terms of Service


By downloading from, or viewing material on, this website you agree to the following Terms of Service.

Our reports are for distribution only as may be permitted by law. It is not directed to, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation or would subject Blazing Research to any registration or licensing requirement within such jurisdiction. It is published solely for information purposes; it is not an advertisement nor is it a solicitation or an offer to buy or sell any financial instruments or to participate in any particular trading strategy. No representation or warranty, either expressed or implied, is provided in relation to the accuracy, completeness or reliability of the information contained in our reports and website("the Information"). The Information is not intended to be a complete statement or summary of the securities, markets or developments referred to in the document. Blazing Research does not undertake to update or keep current the Information. Any opinions expressed in our reports may change without notice. Any statements contained in this report attributed to a third party represent Blazing Research's interpretation of the data, and such use and interpretation have not been reviewed by the third party.

Nothing in our reports constitutes a representation that any investment strategy or recommendation is suitable or appropriate to an investor’s individual circumstances or otherwise constitutes a personal recommendation. Investments involve risks, and investors should exercise prudence and their own judgement in making their investment decisions. The financial instruments described in the document may not be eligible for sale in all jurisdictions or to certain categories of investors. Options, derivative products and futures are not suitable for all investors, and trading in these instruments is considered risky.

The value of any investment or income may go down as well as up, and investors may not get back the full (or any) amount invested. Past performance is not necessarily a guide to future performance. Neither Blazing Research nor any of its employees or agents accepts any liability for any loss (including investment loss) or damage arising out of the use of all or any of the Information.

You should also assume that as of the publication date of our reports, Blazing Research may have an investment position in the stocks (and/or options, swaps, and other derivatives related to the stock) and bonds covered therein (either long or short depending on Blazing Research's investment opinion), and therefore stands to realize significant gains in the event that the price of changes in conjunction with Blazing Research's investment opinion. Blazing Research may continue transacting in the securities of issuers covered on in our reports for an indefinite period after the publication date of our reports, and Blazing Research may be long, short, or neutral at any time hereafter regardless of the initial investment opinion stated in our reports.

Any prices stated in our reports are for information purposes only. There is no represetation that any transaction can or could have been effected at those prices.

Our reports and the Information are are provided to you solely for general background information. Blazing Research has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. In no circumstances may our reports or any of the Information be used for any of the following purposes:

(i) valuation or accounting purposes;

(ii) to determine the amounts due or payable, the price or the value of any financial instrument or financial contract; or

(iii) to measure the performance of any financial instrument.

By receiving our reports and the Information you will be deemed to represent and warrant to Blazing Research that you will not use our reports or any of the Information for any of the above purposes or otherwise rely upon our reports or any of the Information.

Research will initiate, update and cease coverage solely at the discretion of Blazing Research, which will also have sole discretion on the timing and frequency of any published research product. The analysis contained in our reports is based on numerous assumptions which may not be necessarily realistic.


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