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Indie Research, LLC and the Bull Market Report editorial staff are not registered investment advisors, broker/dealers, or research analysts/organizations.

Readers are advised that the commentary and reports on the Bull Market Report website and in its newsletters are issued solely for informational purposes and should not to be construed as an offer to sell or the solicitation of an offer to buy any security. The opinions and analyses included herein are based on sources believed to be reliable and written in good faith, but no representation or warranty, expressed or implied is made as to their accuracy, completeness or correctness.

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It should be noted that Raging Capital Fund, LP is a private investment fund managed by an entity controlled by Bill Martin, Raging Capital Management, LLC. Raging Capital Management, LLC, Indie Research, LLC, and each of their respective managers, clients, officers, directors, partners, contributors or employees/consultants may on occasion hold positions in the securities mentioned in the Bull Market Report and in its newsletters; in all instances, relevant positions are appropriately disclosed at http://www.bullmarket.com/holdings.php. These positions may change at any time. Please note that neither Indie Research nor any of the Bull Market Report editorial staff receives compensation of any kind for mentioning a company on the bullmarket.com website and in its newsletters.

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CCC +36.1% 09/09/2009
CERN +35.4% 08/26/2009
PSYS +109.4% 08/26/2009
CEC -9.4% 08/26/2009
DD +2.9% 08/13/2009
SSL +125.8% 06/15/2009
PWE +30.0% 06/15/2009
SYNO +38.5% 06/11/2009
MO +210.8% 06/08/2009
PDE +13.7% 04/20/2009
DRI +81.6% 04/17/2009
PXD +7.3% 02/04/2009
TK -58.8% 12/30/2008
SHLD -78.5% 12/30/2008
TEN -85.9% 12/30/2008
HWAY +46.1% 10/08/2008
PSYS +14.4% 09/18/2008
AMX -19.2% 09/18/2008
AXP +2.3% 09/17/2008
C +76.1% 09/17/2008
AIG -89.7% 09/17/2008
DIVX -55.1% 05/02/2008
S -58.6% 05/02/2008
YHOO +13.7% 04/30/2008
DNA +312.0% 04/09/2008
TYC -0.9% 12/19/2007
MEDX -23.7% 12/11/2007
CMCSA -7.0% 12/05/2007
TEL +20.0% 12/03/2007
PFE -18.7% 11/21/2007
VRSN +37.8% 11/16/2007
WU +44.4% 11/12/2007
AVLR +40.9% 10/23/2007
SRZ +182.1% 08/10/2007
ANH +13.2% 08/10/2007
ANH-A -23.6% 08/10/2007
FBR +56.1% 06/08/2007
AAPL +89.9% 06/01/2007
FDC +81.2% 05/30/2007
SPWR +16.6% 02/12/2007
ALL +226.6% 01/12/2007
AMGN +71.0% 11/29/2006
IVGN -19.4% 10/27/2006
GE +98.2% 10/13/2006
JRCC -71.0% 09/29/2006
PNR -32.6% 09/29/2006
APD +21.6% 09/15/2006
CVH +387.4% 07/18/2006
SBUX +209.2% 07/13/2006
LBTYA +11.8% 06/26/2006
RKH +60.9% 03/28/2006
ORH +1.6% 03/23/2006
COST +77.9% 03/07/2006
SWIR +14.1% 02/17/2006
LMT 0.0% 02/01/2006
PXD +67.8% 01/06/2006
* This list includes ALL portfolio positions that have been "closed" in 2006, 2007, 2008 and 2009.