STOCK RECOMMENDATIONS

RECAP

This is a recap of the stock recommendations that I have made in January and February to my clients. If you followed that recommendations and did not sell early, this is what it has happened if you sell today (without commissions):

In January, I recommended three stocks,

Jan. 20, 2005--Forward Industries, Inc. (NASDAQ: FORD) at a close price of 6.38 --> Today, at a closing price of 14.01, this represent an important profit of 119.9%. The stock just takes off.

Jan. 20, 2005. -- EZCORP, Inc. (Nasdaq: EZPW) at a close price of 15.99 --> Today, at a closing price of 15.18, this represent a loss of -5.1%. A lot of swing here: First, the stock reached a top of 21.69 and then makes a fall to a floor of 12.66 to rebound to 15.18.

Jan. 27, 2005. CE FRANKLIN LTD. (TSX: CFT, AMEX: CFK) at a close price of 5.66 --> Today, at a closing price of 5.27, this represent a loss of -6.9%. The same path here: First, the stock reached a top of 7.24 and then makes a fall to a floor of 5.50.

In February, I recommended two stocks,

Jan. 31, 2005 -- Exxon Mobil Corp. (NYSE: XOM), at a close price of 53.01 --> Today, at a closing price of 60.29, this represent a profit of 13.7%.

Feb. 18, 2005 -- TOP Tankers Inc (Nasdaq: TOPT) at a close price of 20.25 --> Today, at a closing price of 17.99, this represent a loss of -11.2%.

Briefly, this all represent a nice average return of 22.0%.

Some people asked me if it is possible to publish online my picks more timely, at least some. That is, the same day I issue the recommendations to my clients. This is because, they think the recommendations are unuseful issued a days later. Of course, in this case the recommendations I made will not be just informative to the public but a compromise… a FREE compromise. I will think about it.

I have no recommendations at this moment. You know, the market is quite efficient. But, I am working on that.

More is coming soon.

INTRODUCTION MADE IN JANUARY 2006

After months of thinking, I decided to make public some of the recommendations that I made for my clients.

Wrong move, suggest my niece Cathy.

I know, my hard work for free.

Well, for one side, I almost have did it before for a quite long time. You know, I am invited university professor.

For the other side, stock market recommendations is a special area of work. It is well accepted that if analysts are right only sometimes and if they cut the wrong elections quite fast, they will be a very good analysts because nice opportunities will be generated for their clients.

This has its foundation in the Efficient Market Hypothesis which claims in essence that nobody can beat the market.

So, if I am an average analyst and I made public forecasts about the stock market, the most probably thing is that I will be wrong. Therefore, why I should care about publish my research?

Another warnings to the potential interested readers, this is an expected monthly column (time permitting). My clients receive daily insights if they want it, so they can react faster.

Additionally, in this column I will not publish all the recommendations that I made to my clients or the transactions that I made by my own.

Sorry, it is free... Yes, you are right Cathy.

You know, instead of reading this, you could best invest your time reading the letters of Warren Buffet.

Enjoy and profit.