id	sid	tid	token	lemma	pos
cjfa-13875	1	1	copernican	copernican	PROPN
cjfa-13875	1	2	journal	journal	PROPN
cjfa-13875	1	3	of	of	ADP
cjfa-13875	1	4	finance	finance	PROPN
cjfa-13875	1	5	&	&	CCONJ
cjfa-13875	1	6	accounting	accounting	PROPN
cjfa-13875	1	7	e	e	PROPN
cjfa-13875	1	8	-	-	PROPN
cjfa-13875	1	9	issn	issn	PROPN
cjfa-13875	1	10	2300	2300	NUM
cjfa-13875	1	11	-	-	SYM
cjfa-13875	1	12	3065	3065	NUM
cjfa-13875	1	13	p	p	PROPN
cjfa-13875	1	14	-	-	PUNCT
cjfa-13875	1	15	issn	issn	PROPN
cjfa-13875	1	16	2300	2300	NUM
cjfa-13875	1	17	-	-	SYM
cjfa-13875	1	18	12402017	12402017	NUM
cjfa-13875	1	19	,	,	PUNCT
cjfa-13875	1	20	volume	volume	NOUN
cjfa-13875	1	21	6	6	NUM
cjfa-13875	1	22	,	,	PUNCT
cjfa-13875	1	23	issue	issue	NOUN
cjfa-13875	1	24	1	1	NUM
cjfa-13875	1	25	date	date	NOUN
cjfa-13875	1	26	of	of	ADP
cjfa-13875	1	27	submission	submission	NOUN
cjfa-13875	1	28	:	:	PUNCT
cjfa-13875	1	29	may	may	AUX
cjfa-13875	1	30	25	25	NUM
cjfa-13875	1	31	,	,	PUNCT
cjfa-13875	1	32	2017	2017	NUM
cjfa-13875	1	33	;	;	PUNCT
cjfa-13875	1	34	date	date	NOUN
cjfa-13875	1	35	of	of	ADP
cjfa-13875	1	36	acceptance	acceptance	NOUN
cjfa-13875	1	37	:	:	PUNCT
cjfa-13875	1	38	june	june	PROPN
cjfa-13875	1	39	16	16	NUM
cjfa-13875	1	40	,	,	PUNCT
cjfa-13875	1	41	2017	2017	NUM
cjfa-13875	1	42	.	.	PUNCT
cjfa-13875	2	1	*	*	PUNCT
cjfa-13875	2	2	drewniak	drewniak	PROPN
cjfa-13875	2	3	,	,	PUNCT
cjfa-13875	2	4	z.	z.	PROPN
cjfa-13875	2	5	(	(	PUNCT
cjfa-13875	2	6	2017	2017	NUM
cjfa-13875	2	7	)	)	PUNCT
cjfa-13875	2	8	.	.	PUNCT
cjfa-13875	3	1	an	an	DET
cjfa-13875	3	2	analysis	analysis	NOUN
cjfa-13875	3	3	of	of	ADP
cjfa-13875	3	4	brokerage	brokerage	NOUN
cjfa-13875	3	5	recommendations	recommendation	NOUN
cjfa-13875	3	6	for	for	ADP
cjfa-13875	3	7	the	the	DET
cjfa-13875	3	8	biggest	big	ADJ
cjfa-13875	3	9	companies	company	NOUN
cjfa-13875	3	10	zbigniew	zbigniew	VERB
cjfa-13875	3	11	drewniak	drewniak	PROPN
cjfa-13875	3	12	*	*	PROPN
cjfa-13875	3	13	an	an	DET
cjfa-13875	3	14	analysis	analysis	NOUN
cjfa-13875	3	15	of	of	ADP
cjfa-13875	3	16	brokerage	brokerage	NOUN
cjfa-13875	3	17	recommendations	recommendation	NOUN
cjfa-13875	3	18	for	for	ADP
cjfa-13875	3	19	the	the	DET
cjfa-13875	3	20	biggest	big	ADJ
cjfa-13875	3	21	companies	company	NOUN
cjfa-13875	3	22	of	of	ADP
cjfa-13875	3	23	wig20	wig20	PROPN
cjfa-13875	3	24	keywords	keyword	NOUN
cjfa-13875	3	25	:	:	PUNCT
cjfa-13875	3	26	recommendations	recommendation	NOUN
cjfa-13875	3	27	,	,	PUNCT
cjfa-13875	3	28	capital	capital	NOUN
cjfa-13875	3	29	market	market	NOUN
cjfa-13875	3	30	,	,	PUNCT
cjfa-13875	3	31	brokerage	brokerage	NOUN
cjfa-13875	3	32	house	house	NOUN
cjfa-13875	3	33	.	.	PUNCT
cjfa-13875	4	1	j	j	PROPN
cjfa-13875	4	2	e	e	PROPN
cjfa-13875	4	3	l	l	NOUN
cjfa-13875	4	4	classification	classification	NOUN
cjfa-13875	4	5	abstract	abstract	NOUN
cjfa-13875	4	6	:	:	PUNCT
cjfa-13875	4	7	the	the	DET
cjfa-13875	4	8	aim	aim	NOUN
cjfa-13875	4	9	of	of	ADP
cjfa-13875	4	10	the	the	DET
cjfa-13875	4	11	article	article	NOUN
cjfa-13875	4	12	is	be	AUX
cjfa-13875	4	13	an	an	DET
cjfa-13875	4	14	analysis	analysis	NOUN
cjfa-13875	4	15	of	of	ADP
cjfa-13875	4	16	stock	stock	NOUN
cjfa-13875	4	17	recommendations	recommendation	NOUN
cjfa-13875	4	18	.	.	PUNCT
cjfa-13875	5	1	the	the	DET
cjfa-13875	5	2	article	article	NOUN
cjfa-13875	5	3	presents	present	VERB
cjfa-13875	5	4	the	the	DET
cjfa-13875	5	5	measures	measure	NOUN
cjfa-13875	5	6	that	that	PRON
cjfa-13875	5	7	can	can	AUX
cjfa-13875	5	8	be	be	AUX
cjfa-13875	5	9	used	use	VERB
cjfa-13875	5	10	for	for	ADP
cjfa-13875	5	11	estimating	estimate	VERB
cjfa-13875	5	12	the	the	DET
cjfa-13875	5	13	effectiveness	effectiveness	NOUN
cjfa-13875	5	14	of	of	ADP
cjfa-13875	5	15	recommendations	recommendation	NOUN
cjfa-13875	5	16	.	.	PUNCT
cjfa-13875	6	1	the	the	DET
cjfa-13875	6	2	biggest	big	ADJ
cjfa-13875	6	3	companies	company	NOUN
cjfa-13875	6	4	of	of	ADP
cjfa-13875	6	5	wig20	wig20	PROPN
cjfa-13875	6	6	,	,	PUNCT
cjfa-13875	6	7	the	the	DET
cjfa-13875	6	8	basic	basic	ADJ
cjfa-13875	6	9	index	index	NOUN
cjfa-13875	6	10	of	of	ADP
cjfa-13875	6	11	the	the	DET
cjfa-13875	6	12	warsaw	warsaw	PROPN
cjfa-13875	6	13	stock	stock	PROPN
cjfa-13875	6	14	exchanreturn	exchanreturn	NOUN
cjfa-13875	6	15	realized	realize	VERB
cjfa-13875	6	16	on	on	ADP
cjfa-13875	6	17	the	the	DET
cjfa-13875	6	18	basis	basis	NOUN
cjfa-13875	6	19	of	of	ADP
cjfa-13875	6	20	stock	stock	NOUN
cjfa-13875	6	21	recommendations	recommendation	NOUN
cjfa-13875	6	22	,	,	PUNCT
cjfa-13875	6	23	attention	attention	NOUN
cjfa-13875	6	24	was	be	AUX
cjfa-13875	6	25	drawn	draw	VERB
cjfa-13875	6	26	to	to	ADP
cjfa-13875	6	27	the	the	DET
cjfa-13875	6	28	issue	issue	NOUN
cjfa-13875	6	29	of	of	ADP
cjfa-13875	6	30	the	the	DET
cjfa-13875	6	31	investment	investment	NOUN
cjfa-13875	6	32	risk	risk	NOUN
cjfa-13875	6	33	.	.	PUNCT
cjfa-13875	7	1	choosing	choose	VERB
cjfa-13875	7	2	the	the	DET
cjfa-13875	7	3	instruments	instrument	NOUN
cjfa-13875	7	4	for	for	ADP
cjfa-13875	7	5	the	the	DET
cjfa-13875	7	6	investment	investment	NOUN
cjfa-13875	7	7	portfolio	portfolio	NOUN
cjfa-13875	7	8	is	be	AUX
cjfa-13875	7	9	for	for	ADP
cjfa-13875	7	10	every	every	DET
cjfa-13875	7	11	investor	investor	NOUN
cjfa-13875	7	12	one	one	NUM
cjfa-13875	7	13	of	of	ADP
cjfa-13875	7	14	the	the	DET
cjfa-13875	7	15	most	most	ADV
cjfa-13875	7	16	crucial	crucial	ADJ
cjfa-13875	7	17	phases	phase	NOUN
cjfa-13875	7	18	of	of	ADP
cjfa-13875	7	19	the	the	DET
cjfa-13875	7	20	investment	investment	NOUN
cjfa-13875	7	21	process	process	NOUN
cjfa-13875	7	22	towards	towards	ADP
cjfa-13875	7	23	achieving	achieve	VERB
cjfa-13875	7	24	the	the	DET
cjfa-13875	7	25	highest	high	ADJ
cjfa-13875	7	26	rate	rate	NOUN
cjfa-13875	7	27	of	of	ADP
cjfa-13875	7	28	return	return	NOUN
cjfa-13875	7	29	.	.	PUNCT
cjfa-13875	8	1	the	the	DET
cjfa-13875	8	2	decisions	decision	NOUN
cjfa-13875	8	3	of	of	ADP
cjfa-13875	8	4	this	this	DET
cjfa-13875	8	5	kind	kind	NOUN
cjfa-13875	8	6	may	may	AUX
cjfa-13875	8	7	be	be	AUX
cjfa-13875	8	8	taken	take	VERB
cjfa-13875	8	9	as	as	ADP
cjfa-13875	8	10	a	a	DET
cjfa-13875	8	11	consequence	consequence	NOUN
cjfa-13875	8	12	of	of	ADP
cjfa-13875	8	13	a	a	DET
cjfa-13875	8	14	detailed	detailed	ADJ
cjfa-13875	8	15	analysis	analysis	NOUN
cjfa-13875	8	16	of	of	ADP
cjfa-13875	8	17	the	the	DET
cjfa-13875	8	18	market	market	NOUN
cjfa-13875	8	19	and	and	CCONJ
cjfa-13875	8	20	instruments	instrument	NOUN
cjfa-13875	8	21	on	on	ADP
cjfa-13875	8	22	the	the	DET
cjfa-13875	8	23	basis	basis	NOUN
cjfa-13875	8	24	of	of	ADP
cjfa-13875	8	25	the	the	DET
cjfa-13875	8	26	historical	historical	ADJ
cjfa-13875	8	27	data	datum	NOUN
cjfa-13875	8	28	.	.	PUNCT
cjfa-13875	9	1	less	less	ADV
cjfa-13875	9	2	experienced	experienced	ADJ
cjfa-13875	9	3	investors	investor	NOUN
cjfa-13875	9	4	can	can	AUX
cjfa-13875	9	5	in	in	ADP
cjfa-13875	9	6	turn	turn	NOUN
cjfa-13875	9	7	rely	rely	VERB
cjfa-13875	9	8	on	on	ADP
cjfa-13875	9	9	opinions	opinion	NOUN
cjfa-13875	9	10	of	of	ADP
cjfa-13875	9	11	experts	expert	NOUN
cjfa-13875	9	12	,	,	PUNCT
cjfa-13875	9	13	including	include	VERB
cjfa-13875	9	14	opinions	opinion	NOUN
cjfa-13875	9	15	of	of	ADP
cjfa-13875	9	16	stock	stock	NOUN
cjfa-13875	9	17	market	market	NOUN
cjfa-13875	9	18	analysts	analyst	NOUN
cjfa-13875	9	19	preparing	prepare	VERB
cjfa-13875	9	20	recommendazbigniew	recommendazbigniew	NOUN
cjfa-13875	9	21	drewniak	drewniak	PROPN
cjfa-13875	9	22	tions	tion	NOUN
cjfa-13875	9	23	on	on	ADP
cjfa-13875	9	24	future	future	ADJ
cjfa-13875	9	25	changes	change	NOUN
cjfa-13875	9	26	in	in	ADP
cjfa-13875	9	27	prices	price	NOUN
cjfa-13875	9	28	of	of	ADP
cjfa-13875	9	29	specific	specific	ADJ
cjfa-13875	9	30	financial	financial	ADJ
cjfa-13875	9	31	instruments	instrument	NOUN
cjfa-13875	9	32	.	.	PUNCT
cjfa-13875	10	1	the	the	DET
cjfa-13875	10	2	article	article	NOUN
cjfa-13875	10	3	aims	aim	VERB
cjfa-13875	10	4	at	at	ADP
cjfa-13875	10	5	presenting	present	VERB
cjfa-13875	10	6	the	the	DET
cjfa-13875	10	7	methods	method	NOUN
cjfa-13875	10	8	used	use	VERB
cjfa-13875	10	9	for	for	ADP
cjfa-13875	10	10	assessing	assess	VERB
cjfa-13875	10	11	the	the	DET
cjfa-13875	10	12	effectiveness	effectiveness	NOUN
cjfa-13875	10	13	of	of	ADP
cjfa-13875	10	14	recommendations	recommendation	NOUN
cjfa-13875	10	15	and	and	CCONJ
cjfa-13875	10	16	their	their	PRON
cjfa-13875	10	17	application	application	NOUN
cjfa-13875	10	18	in	in	ADP
cjfa-13875	10	19	the	the	DET
cjfa-13875	10	20	analysis	analysis	NOUN
cjfa-13875	10	21	of	of	ADP
cjfa-13875	10	22	recommendations	recommendation	NOUN
cjfa-13875	10	23	issued	issue	VERB
cjfa-13875	10	24	by	by	ADP
cjfa-13875	10	25	brokerage	brokerage	NOUN
cjfa-13875	10	26	offices	office	NOUN
cjfa-13875	10	27	and	and	CCONJ
cjfa-13875	10	28	houses	house	NOUN
cjfa-13875	10	29	for	for	ADP
cjfa-13875	10	30	the	the	DET
cjfa-13875	10	31	biggest	big	ADJ
cjfa-13875	10	32	companies	company	NOUN
cjfa-13875	10	33	of	of	ADP
cjfa-13875	10	34	the	the	DET
cjfa-13875	10	35	warsaw	warsaw	PROPN
cjfa-13875	10	36	stock	stock	PROPN
cjfa-13875	10	37	exchange	exchange	PROPN
cjfa-13875	10	38	.	.	PUNCT
cjfa-13875	11	1	in	in	ADP
cjfa-13875	11	2	the	the	DET
cjfa-13875	11	3	literature	literature	NOUN
cjfa-13875	11	4	,	,	PUNCT
cjfa-13875	11	5	we	we	PRON
cjfa-13875	11	6	find	find	VERB
cjfa-13875	11	7	a	a	DET
cjfa-13875	11	8	number	number	NOUN
cjfa-13875	11	9	of	of	ADP
cjfa-13875	11	10	analyzes	analyze	NOUN
cjfa-13875	11	11	of	of	ADP
cjfa-13875	11	12	recommendations	recommendation	NOUN
cjfa-13875	11	13	concerning	concern	VERB
cjfa-13875	11	14	their	their	PRON
cjfa-13875	11	15	effectiveness	effectiveness	NOUN
cjfa-13875	11	16	,	,	PUNCT
cjfa-13875	11	17	where	where	SCONJ
cjfa-13875	11	18	the	the	DET
cjfa-13875	11	19	main	main	ADJ
cjfa-13875	11	20	focus	focus	NOUN
cjfa-13875	11	21	is	be	AUX
cjfa-13875	11	22	on	on	ADP
cjfa-13875	11	23	their	their	PRON
cjfa-13875	11	24	realization	realization	NOUN
cjfa-13875	11	25	.	.	PUNCT
cjfa-13875	12	1	when	when	SCONJ
cjfa-13875	12	2	analyzing	analyze	VERB
cjfa-13875	12	3	the	the	DET
cjfa-13875	12	4	investment	investment	NOUN
cjfa-13875	12	5	risk	risk	NOUN
cjfa-13875	12	6	,	,	PUNCT
cjfa-13875	12	7	we	we	PRON
cjfa-13875	12	8	should	should	AUX
cjfa-13875	12	9	largely	largely	ADV
cjfa-13875	12	10	focus	focus	VERB
cjfa-13875	12	11	on	on	ADP
cjfa-13875	12	12	unrealized	unrealized	ADJ
cjfa-13875	12	13	recommendations	recommendation	NOUN
cjfa-13875	12	14	,	,	PUNCT
cjfa-13875	12	15	as	as	SCONJ
cjfa-13875	12	16	they	they	PRON
cjfa-13875	12	17	contribute	contribute	VERB
cjfa-13875	12	18	to	to	ADP
cjfa-13875	12	19	the	the	DET
cjfa-13875	12	20	losses	loss	NOUN
cjfa-13875	12	21	of	of	ADP
cjfa-13875	12	22	investors	investor	NOUN
cjfa-13875	12	23	who	who	PRON
cjfa-13875	12	24	rely	rely	VERB
cjfa-13875	12	25	on	on	ADP
cjfa-13875	12	26	recommendations	recommendation	NOUN
cjfa-13875	12	27	from	from	ADP
cjfa-13875	12	28	brokerage	brokerage	NOUN
cjfa-13875	12	29	houses	house	NOUN
cjfa-13875	12	30	.	.	PUNCT
cjfa-13875	13	1	that	that	PRON
cjfa-13875	13	2	is	be	AUX
cjfa-13875	13	3	why	why	SCONJ
cjfa-13875	13	4	,	,	PUNCT
cjfa-13875	13	5	the	the	DET
cjfa-13875	13	6	article	article	NOUN
cjfa-13875	13	7	will	will	AUX
cjfa-13875	13	8	discuss	discuss	VERB
cjfa-13875	13	9	the	the	DET
cjfa-13875	13	10	number	number	NOUN
cjfa-13875	13	11	of	of	ADP
cjfa-13875	13	12	session	session	NOUN
cjfa-13875	13	13	days	day	NOUN
cjfa-13875	13	14	needed	need	VERB
cjfa-13875	13	15	to	to	PART
cjfa-13875	13	16	complete	complete	VERB
cjfa-13875	13	17	the	the	DET
cjfa-13875	13	18	recommendation	recommendation	NOUN
cjfa-13875	13	19	,	,	PUNCT
cjfa-13875	13	20	the	the	DET
cjfa-13875	13	21	maximum	maximum	ADJ
cjfa-13875	13	22	loss	loss	NOUN
cjfa-13875	13	23	for	for	ADP
cjfa-13875	13	24	unrealized	unrealized	ADJ
cjfa-13875	13	25	recommendations	recommendation	NOUN
cjfa-13875	13	26	,	,	PUNCT
cjfa-13875	13	27	and	and	CCONJ
cjfa-13875	13	28	the	the	DET
cjfa-13875	13	29	standard	standard	ADJ
cjfa-13875	13	30	deviation	deviation	NOUN
cjfa-13875	13	31	of	of	ADP
cjfa-13875	13	32	the	the	DET
cjfa-13875	13	33	daily	daily	ADJ
cjfa-13875	13	34	rate	rate	NOUN
cjfa-13875	13	35	of	of	ADP
cjfa-13875	13	36	return	return	NOUN
cjfa-13875	13	37	for	for	ADP
cjfa-13875	13	38	the	the	DET
cjfa-13875	13	39	recommended	recommend	VERB
cjfa-13875	13	40	companies	company	NOUN
cjfa-13875	13	41	before	before	ADP
cjfa-13875	13	42	and	and	CCONJ
cjfa-13875	13	43	after	after	ADP
cjfa-13875	13	44	the	the	DET
cjfa-13875	13	45	recommendation	recommendation	NOUN
cjfa-13875	13	46	.	.	PUNCT
cjfa-13875	14	1	among	among	ADP
cjfa-13875	14	2	recommendations	recommendation	NOUN
cjfa-13875	14	3	the	the	DET
cjfa-13875	14	4	following	follow	VERB
cjfa-13875	14	5	can	can	AUX
cjfa-13875	14	6	be	be	AUX
cjfa-13875	14	7	found	find	VERB
cjfa-13875	14	8	:	:	PUNCT
cjfa-13875	14	9	reports	report	NOUN
cjfa-13875	14	10	,	,	PUNCT
cjfa-13875	14	11	analyses	analysis	NOUN
cjfa-13875	14	12	or	or	CCONJ
cjfa-13875	14	13	other	other	ADJ
cjfa-13875	14	14	types	type	NOUN
cjfa-13875	14	15	of	of	ADP
cjfa-13875	14	16	information	information	NOUN
cjfa-13875	14	17	recommending	recommend	VERB
cjfa-13875	14	18	or	or	CCONJ
cjfa-13875	14	19	suggesting	suggest	VERB
cjfa-13875	14	20	,	,	PUNCT
cjfa-13875	14	21	directly	directly	ADV
cjfa-13875	14	22	or	or	CCONJ
cjfa-13875	14	23	indirectly	indirectly	ADV
cjfa-13875	14	24	,	,	PUNCT
cjfa-13875	14	25	specific	specific	ADJ
cjfa-13875	14	26	investment	investment	NOUN
cjfa-13875	14	27	behaviour	behaviour	NOUN
cjfa-13875	14	28	relating	relate	VERB
cjfa-13875	14	29	to	to	ADP
cjfa-13875	14	30	one	one	NUM
cjfa-13875	14	31	or	or	CCONJ
cjfa-13875	14	32	more	more	ADJ
cjfa-13875	14	33	financial	financial	ADJ
cjfa-13875	14	34	instruments	instrument	NOUN
cjfa-13875	14	35	or	or	CCONJ
cjfa-13875	14	36	an	an	DET
cjfa-13875	14	37	issuer	issuer	NOUN
cjfa-13875	14	38	of	of	ADP
cjfa-13875	14	39	financial	financial	ADJ
cjfa-13875	14	40	instruments	instrument	NOUN
cjfa-13875	14	41	.	.	PUNCT
cjfa-13875	15	1	opinions	opinion	NOUN
cjfa-13875	15	2	on	on	ADP
cjfa-13875	15	3	matters	matter	NOUN
cjfa-13875	15	4	relating	relate	VERB
cjfa-13875	15	5	to	to	ADP
cjfa-13875	15	6	the	the	DET
cjfa-13875	15	7	current	current	ADJ
cjfa-13875	15	8	or	or	CCONJ
cjfa-13875	15	9	future	future	ADJ
cjfa-13875	15	10	value	value	NOUN
cjfa-13875	15	11	or	or	CCONJ
cjfa-13875	15	12	price	price	NOUN
cjfa-13875	15	13	of	of	ADP
cjfa-13875	15	14	financial	financial	ADJ
cjfa-13875	15	15	instruments	instrument	NOUN
cjfa-13875	15	16	are	be	AUX
cjfa-13875	15	17	also	also	ADV
cjfa-13875	15	18	counted	count	VERB
cjfa-13875	15	19	as	as	ADP
cjfa-13875	15	20	recommendations	recommendation	NOUN
cjfa-13875	15	21	.	.	PUNCT
cjfa-13875	16	1	recommendations	recommendation	NOUN
cjfa-13875	16	2	can	can	AUX
cjfa-13875	16	3	also	also	ADV
cjfa-13875	16	4	be	be	AUX
cjfa-13875	16	5	made	make	VERB
cjfa-13875	16	6	by	by	ADP
cjfa-13875	16	7	an	an	DET
cjfa-13875	16	8	independent	independent	ADJ
cjfa-13875	16	9	analyst	analyst	NOUN
cjfa-13875	16	10	or	or	CCONJ
cjfa-13875	16	11	a	a	DET
cjfa-13875	16	12	dedicated	dedicated	ADJ
cjfa-13875	16	13	specialised	specialised	ADJ
cjfa-13875	16	14	recommending	recommend	VERB
cjfa-13875	16	15	company	company	NOUN
cjfa-13875	16	16	,	,	PUNCT
cjfa-13875	16	17	as	as	ADV
cjfa-13875	16	18	well	well	ADV
cjfa-13875	16	19	as	as	ADP
cjfa-13875	16	20	by	by	ADP
cjfa-13875	16	21	other	other	ADJ
cjfa-13875	16	22	institutions	institution	NOUN
cjfa-13875	16	23	such	such	ADJ
cjfa-13875	16	24	as	as	ADP
cjfa-13875	16	25	banks	bank	NOUN
cjfa-13875	16	26	or	or	CCONJ
cjfa-13875	16	27	brokerage	brokerage	NOUN
cjfa-13875	16	28	houses	house	NOUN
cjfa-13875	16	29	.	.	PUNCT
cjfa-13875	17	1	a	a	DET
cjfa-13875	17	2	recommendation	recommendation	NOUN
cjfa-13875	17	3	should	should	AUX
cjfa-13875	17	4	include	include	VERB
cjfa-13875	17	5	the	the	DET
cjfa-13875	17	6	following	follow	VERB
cjfa-13875	17	7	information	information	NOUN
cjfa-13875	17	8	:	:	PUNCT
cjfa-13875	17	9	the	the	DET
cjfa-13875	17	10	company	company	NOUN
cjfa-13875	17	11	(	(	PUNCT
cjfa-13875	17	12	its	its	PRON
cjfa-13875	17	13	name	name	NOUN
cjfa-13875	17	14	)	)	PUNCT
cjfa-13875	17	15	and	and	CCONJ
cjfa-13875	17	16	the	the	DET
cjfa-13875	17	17	registered	register	VERB
cjfa-13875	17	18	place	place	NOUN
cjfa-13875	17	19	of	of	ADP
cjfa-13875	17	20	the	the	DET
cjfa-13875	17	21	entity	entity	NOUN
cjfa-13875	17	22	responsible	responsible	ADJ
cjfa-13875	17	23	for	for	ADP
cjfa-13875	17	24	drawing	draw	VERB
cjfa-13875	17	25	up	up	ADP
cjfa-13875	17	26	a	a	DET
cjfa-13875	17	27	recommendation	recommendation	NOUN
cjfa-13875	17	28	,	,	PUNCT
cjfa-13875	17	29	the	the	DET
cjfa-13875	17	30	name	name	NOUN
cjfa-13875	17	31	and	and	CCONJ
cjfa-13875	17	32	surname	surname	NOUN
cjfa-13875	17	33	of	of	ADP
cjfa-13875	17	34	the	the	DET
cjfa-13875	17	35	person	person	NOUN
cjfa-13875	17	36	making	make	VERB
cjfa-13875	17	37	a	a	DET
cjfa-13875	17	38	recommendation	recommendation	NOUN
cjfa-13875	17	39	,	,	PUNCT
cjfa-13875	17	40	the	the	DET
cjfa-13875	17	41	date	date	NOUN
cjfa-13875	17	42	of	of	ADP
cjfa-13875	17	43	making	make	VERB
cjfa-13875	17	44	,	,	PUNCT
cjfa-13875	17	45	providing	provide	VERB
cjfa-13875	17	46	a	a	DET
cjfa-13875	17	47	list	list	NOUN
cjfa-13875	17	48	of	of	ADP
cjfa-13875	17	49	those	those	PRON
cjfa-13875	17	50	for	for	ADP
cjfa-13875	17	51	whom	whom	PRON
cjfa-13875	17	52	a	a	DET
cjfa-13875	17	53	recommendation	recommendation	NOUN
cjfa-13875	17	54	has	have	AUX
cjfa-13875	17	55	been	be	AUX
cjfa-13875	17	56	made	make	VERB
cjfa-13875	17	57	,	,	PUNCT
cjfa-13875	17	58	a	a	DET
cjfa-13875	17	59	list	list	NOUN
cjfa-13875	17	60	of	of	ADP
cjfa-13875	17	61	recommendations	recommendation	NOUN
cjfa-13875	17	62	concerning	concern	VERB
cjfa-13875	17	63	a	a	DET
cjfa-13875	17	64	given	give	VERB
cjfa-13875	17	65	financial	financial	ADJ
cjfa-13875	17	66	instrument	instrument	NOUN
cjfa-13875	17	67	presented	present	VERB
cjfa-13875	17	68	by	by	ADP
cjfa-13875	17	69	a	a	DET
cjfa-13875	17	70	given	give	VERB
cjfa-13875	17	71	recommending	recommend	VERB
cjfa-13875	17	72	person	person	NOUN
cjfa-13875	17	73	in	in	ADP
cjfa-13875	17	74	the	the	DET
cjfa-13875	17	75	last	last	ADJ
cjfa-13875	17	76	6	6	NUM
cjfa-13875	17	77	months	month	NOUN
cjfa-13875	17	78	,	,	PUNCT
cjfa-13875	17	79	indicating	indicate	VERB
cjfa-13875	17	80	strong	strong	ADJ
cjfa-13875	17	81	and	and	CCONJ
cjfa-13875	17	82	weak	weak	ADJ
cjfa-13875	17	83	sides	side	NOUN
cjfa-13875	17	84	of	of	ADP
cjfa-13875	17	85	methods	method	NOUN
cjfa-13875	17	86	used	use	VERB
cjfa-13875	17	87	in	in	ADP
cjfa-13875	17	88	financial	financial	ADJ
cjfa-13875	17	89	instruments	instrument	NOUN
cjfa-13875	17	90	pricing	pricing	NOUN
cjfa-13875	17	91	.	.	PUNCT
cjfa-13875	18	1	a	a	DET
cjfa-13875	18	2	recommendation	recommendation	NOUN
cjfa-13875	18	3	should	should	AUX
cjfa-13875	18	4	include	include	VERB
cjfa-13875	18	5	facts	fact	NOUN
cjfa-13875	18	6	on	on	ADP
cjfa-13875	18	7	which	which	PRON
cjfa-13875	18	8	the	the	DET
cjfa-13875	18	9	recommendation	recommendation	NOUN
cjfa-13875	18	10	is	be	AUX
cjfa-13875	18	11	based	base	VERB
cjfa-13875	18	12	.	.	PUNCT
cjfa-13875	19	1	sources	source	NOUN
cjfa-13875	19	2	of	of	ADP
cjfa-13875	19	3	information	information	NOUN
cjfa-13875	19	4	constituting	constitute	VERB
cjfa-13875	19	5	the	the	DET
cjfa-13875	19	6	basis	basis	NOUN
cjfa-13875	19	7	of	of	ADP
cjfa-13875	19	8	the	the	DET
cjfa-13875	19	9	issued	issue	VERB
cjfa-13875	19	10	opinion	opinion	NOUN
cjfa-13875	19	11	shall	shall	AUX
cjfa-13875	19	12	also	also	ADV
cjfa-13875	19	13	be	be	AUX
cjfa-13875	19	14	given	give	VERB
cjfa-13875	19	15	and	and	CCONJ
cjfa-13875	19	16	the	the	DET
cjfa-13875	19	17	credibility	credibility	NOUN
cjfa-13875	19	18	of	of	ADP
cjfa-13875	19	19	the	the	DET
cjfa-13875	19	20	sources	source	NOUN
cjfa-13875	19	21	should	should	AUX
cjfa-13875	19	22	be	be	AUX
cjfa-13875	19	23	referred	refer	VERB
cjfa-13875	19	24	to	to	ADP
cjfa-13875	19	25	.	.	PUNCT
cjfa-13875	20	1	most	most	ADJ
cjfa-13875	20	2	of	of	ADP
cjfa-13875	20	3	all	all	PRON
cjfa-13875	20	4	,	,	PUNCT
cjfa-13875	20	5	a	a	DET
cjfa-13875	20	6	recommendation	recommendation	NOUN
cjfa-13875	20	7	should	should	AUX
cjfa-13875	20	8	include	include	VERB
cjfa-13875	20	9	predictions	prediction	NOUN
cjfa-13875	20	10	,	,	PUNCT
cjfa-13875	20	11	forecasts	forecast	NOUN
cjfa-13875	20	12	or	or	CCONJ
cjfa-13875	20	13	price	price	NOUN
cjfa-13875	20	14	projections	projection	NOUN
cjfa-13875	20	15	an	an	DET
cjfa-13875	20	16	analysis	analysis	NOUN
cjfa-13875	20	17	of	of	ADP
cjfa-13875	20	18	brokerage	brokerage	NOUN
cjfa-13875	20	19	recommendations	recommendation	NOUN
cjfa-13875	20	20	…	…	PUNCT
cjfa-13875	20	21	concerning	concern	VERB
cjfa-13875	20	22	behaviour	behaviour	NOUN
cjfa-13875	20	23	of	of	ADP
cjfa-13875	20	24	a	a	DET
cjfa-13875	20	25	financial	financial	ADJ
cjfa-13875	20	26	instrument	instrument	NOUN
cjfa-13875	20	27	as	as	ADV
cjfa-13875	20	28	well	well	ADV
cjfa-13875	20	29	as	as	ADP
cjfa-13875	20	30	significant	significant	ADJ
cjfa-13875	20	31	assumptions	assumption	NOUN
cjfa-13875	20	32	adopted	adopt	VERB
cjfa-13875	20	33	or	or	CCONJ
cjfa-13875	20	34	made	make	VERB
cjfa-13875	20	35	during	during	ADP
cjfa-13875	20	36	drawing	draw	VERB
cjfa-13875	20	37	up	up	ADP
cjfa-13875	20	38	a	a	DET
cjfa-13875	20	39	recommendation	recommendation	NOUN
cjfa-13875	20	40	.	.	PUNCT
cjfa-13875	21	1	in	in	ADP
cjfa-13875	21	2	a	a	DET
cjfa-13875	21	3	typical	typical	ADJ
cjfa-13875	21	4	recommendation	recommendation	NOUN
cjfa-13875	21	5	characteristics	characteristic	NOUN
cjfa-13875	21	6	of	of	ADP
cjfa-13875	21	7	the	the	DET
cjfa-13875	21	8	industry	industry	NOUN
cjfa-13875	21	9	a	a	DET
cjfa-13875	21	10	company	company	NOUN
cjfa-13875	21	11	operates	operate	VERB
cjfa-13875	21	12	in	in	ADP
cjfa-13875	21	13	and	and	CCONJ
cjfa-13875	21	14	the	the	DET
cjfa-13875	21	15	most	most	ADV
cjfa-13875	21	16	important	important	ADJ
cjfa-13875	21	17	information	information	NOUN
cjfa-13875	21	18	about	about	ADP
cjfa-13875	21	19	a	a	DET
cjfa-13875	21	20	company	company	NOUN
cjfa-13875	21	21	,	,	PUNCT
cjfa-13875	21	22	its	its	PRON
cjfa-13875	21	23	characteristics	characteristic	NOUN
cjfa-13875	21	24	and	and	CCONJ
cjfa-13875	21	25	basic	basic	ADJ
cjfa-13875	21	26	indicators	indicator	NOUN
cjfa-13875	21	27	of	of	ADP
cjfa-13875	21	28	a	a	DET
cjfa-13875	21	29	financial	financial	ADJ
cjfa-13875	21	30	analysis	analysis	NOUN
cjfa-13875	21	31	can	can	AUX
cjfa-13875	21	32	be	be	AUX
cjfa-13875	21	33	found	find	VERB
cjfa-13875	21	34	.	.	PUNCT
cjfa-13875	22	1	however	however	ADV
cjfa-13875	22	2	,	,	PUNCT
cjfa-13875	22	3	the	the	DET
cjfa-13875	22	4	target	target	NOUN
cjfa-13875	22	5	price	price	NOUN
cjfa-13875	22	6	constituting	constitute	VERB
cjfa-13875	22	7	a	a	DET
cjfa-13875	22	8	share	share	NOUN
cjfa-13875	22	9	price	price	NOUN
cjfa-13875	22	10	forecast	forecast	NOUN
cjfa-13875	22	11	in	in	ADP
cjfa-13875	22	12	the	the	DET
cjfa-13875	22	13	future	future	NOUN
cjfa-13875	22	14	is	be	AUX
cjfa-13875	22	15	the	the	DET
cjfa-13875	22	16	most	most	ADV
cjfa-13875	22	17	crucial	crucial	ADJ
cjfa-13875	22	18	part	part	NOUN
cjfa-13875	22	19	.	.	PUNCT
cjfa-13875	23	1	a	a	DET
cjfa-13875	23	2	recommending	recommend	VERB
cjfa-13875	23	3	person	person	NOUN
cjfa-13875	23	4	should	should	AUX
cjfa-13875	23	5	indicate	indicate	VERB
cjfa-13875	23	6	all	all	DET
cjfa-13875	23	7	connections	connection	NOUN
cjfa-13875	23	8	and	and	CCONJ
cjfa-13875	23	9	circumstances	circumstance	NOUN
cjfa-13875	23	10	that	that	PRON
cjfa-13875	23	11	could	could	AUX
cjfa-13875	23	12	influence	influence	VERB
cjfa-13875	23	13	the	the	DET
cjfa-13875	23	14	objectivity	objectivity	NOUN
cjfa-13875	23	15	of	of	ADP
cjfa-13875	23	16	drawn	draw	VERB
cjfa-13875	23	17	up	up	ADP
cjfa-13875	23	18	recommendations	recommendation	NOUN
cjfa-13875	23	19	,	,	PUNCT
cjfa-13875	23	20	in	in	ADP
cjfa-13875	23	21	particular	particular	ADJ
cjfa-13875	23	22	information	information	NOUN
cjfa-13875	23	23	concerning	concern	VERB
cjfa-13875	23	24	a	a	DET
cjfa-13875	23	25	recommending	recommend	VERB
cjfa-13875	23	26	person	person	NOUN
cjfa-13875	23	27	’s	’s	PART
cjfa-13875	23	28	capital	capital	NOUN
cjfa-13875	23	29	involvement	involvement	NOUN
cjfa-13875	23	30	in	in	ADP
cjfa-13875	23	31	financial	financial	ADJ
cjfa-13875	23	32	instruments	instrument	NOUN
cjfa-13875	23	33	being	be	AUX
cjfa-13875	23	34	the	the	DET
cjfa-13875	23	35	subject	subject	NOUN
cjfa-13875	23	36	of	of	ADP
cjfa-13875	23	37	a	a	DET
cjfa-13875	23	38	recommendation	recommendation	NOUN
cjfa-13875	23	39	or	or	CCONJ
cjfa-13875	23	40	the	the	DET
cjfa-13875	23	41	existence	existence	NOUN
cjfa-13875	23	42	of	of	ADP
cjfa-13875	23	43	a	a	DET
cjfa-13875	23	44	significant	significant	ADJ
cjfa-13875	23	45	conflict	conflict	NOUN
cjfa-13875	23	46	of	of	ADP
cjfa-13875	23	47	interests	interest	NOUN
cjfa-13875	23	48	between	between	ADP
cjfa-13875	23	49	a	a	DET
cjfa-13875	23	50	recommending	recommend	VERB
cjfa-13875	23	51	person	person	NOUN
cjfa-13875	23	52	and	and	CCONJ
cjfa-13875	23	53	an	an	DET
cjfa-13875	23	54	issuer	issuer	NOUN
cjfa-13875	23	55	of	of	ADP
cjfa-13875	23	56	financial	financial	ADJ
cjfa-13875	23	57	instruments	instrument	NOUN
cjfa-13875	23	58	being	be	AUX
cjfa-13875	23	59	the	the	DET
cjfa-13875	23	60	subject	subject	NOUN
cjfa-13875	23	61	of	of	ADP
cjfa-13875	23	62	a	a	DET
cjfa-13875	23	63	recommendation	recommendation	NOUN
cjfa-13875	23	64	.	.	PUNCT
cjfa-13875	24	1	recommendations	recommendation	NOUN
cjfa-13875	24	2	can	can	AUX
cjfa-13875	24	3	be	be	AUX
cjfa-13875	24	4	divided	divide	VERB
cjfa-13875	24	5	into	into	ADP
cjfa-13875	24	6	three	three	NUM
cjfa-13875	24	7	main	main	ADJ
cjfa-13875	24	8	categories	category	NOUN
cjfa-13875	24	9	:	:	PUNCT
cjfa-13875	24	10	buy	buy	VERB
cjfa-13875	24	11	recommendations	recommendation	NOUN
cjfa-13875	24	12	,	,	PUNCT
cjfa-13875	24	13	neutral	neutral	ADJ
cjfa-13875	24	14	(	(	PUNCT
cjfa-13875	24	15	hold	hold	NOUN
cjfa-13875	24	16	)	)	PUNCT
cjfa-13875	24	17	recommendations	recommendation	NOUN
cjfa-13875	24	18	,	,	PUNCT
cjfa-13875	24	19	sell	sell	VERB
cjfa-13875	24	20	recommendations	recommendation	NOUN
cjfa-13875	24	21	.	.	PUNCT
cjfa-13875	25	1	table	table	NOUN
cjfa-13875	25	2	1	1	NUM
cjfa-13875	25	3	.	.	PUNCT
cjfa-13875	25	4	types	type	NOUN
cjfa-13875	25	5	of	of	ADP
cjfa-13875	25	6	recommendations	recommendation	NOUN
cjfa-13875	25	7	buy	buy	VERB
cjfa-13875	25	8	recommendations	recommendation	NOUN
cjfa-13875	25	9	neutral	neutral	ADJ
cjfa-13875	25	10	recommendations	recommendation	NOUN
cjfa-13875	25	11	sell	sell	VERB
cjfa-13875	25	12	recommendations	recommendation	NOUN
cjfa-13875	25	13	accumulate	accumulate	VERB
cjfa-13875	25	14	buy	buy	VERB
cjfa-13875	25	15	overweight	overweight	ADJ
cjfa-13875	25	16	neutral	neutral	ADJ
cjfa-13875	25	17	market	market	NOUN
cjfa-13875	25	18	underperform	underperform	NOUN
cjfa-13875	25	19	hold	hold	VERB
cjfa-13875	25	20	value	value	NOUN
cjfa-13875	25	21	equal	equal	ADJ
cjfa-13875	25	22	-	-	PUNCT
cjfa-13875	25	23	weight	weight	NOUN
cjfa-13875	25	24	market	market	NOUN
cjfa-13875	25	25	overperform	overperform	NOUN
cjfa-13875	25	26	reduce	reduce	VERB
cjfa-13875	25	27	sell	sell	NOUN
cjfa-13875	25	28	underweight	underweight	NOUN
cjfa-13875	25	29	s	s	PART
cjfa-13875	25	30	o	o	NOUN
cjfa-13875	25	31	u	u	NOUN
cjfa-13875	25	32	r	r	NOUN
cjfa-13875	25	33	c	c	NOUN
cjfa-13875	25	34	e	e	NOUN
cjfa-13875	25	35	:	:	PUNCT
cjfa-13875	25	36	own	own	ADJ
cjfa-13875	25	37	study	study	NOUN
cjfa-13875	25	38	.	.	PUNCT
cjfa-13875	26	1	table	table	NOUN
cjfa-13875	26	2	1	1	NUM
cjfa-13875	26	3	.	.	PUNCT
cjfa-13875	26	4	presents	present	VERB
cjfa-13875	26	5	examples	example	NOUN
cjfa-13875	26	6	of	of	ADP
cjfa-13875	26	7	buy	buy	NOUN
cjfa-13875	26	8	,	,	PUNCT
cjfa-13875	26	9	neutral	neutral	ADJ
cjfa-13875	26	10	and	and	CCONJ
cjfa-13875	26	11	sell	sell	VERB
cjfa-13875	26	12	recommendations	recommendation	NOUN
cjfa-13875	26	13	.	.	PUNCT
cjfa-13875	27	1	the	the	DET
cjfa-13875	27	2	multitude	multitude	NOUN
cjfa-13875	27	3	of	of	ADP
cjfa-13875	27	4	terms	term	NOUN
cjfa-13875	27	5	may	may	AUX
cjfa-13875	27	6	cause	cause	VERB
cjfa-13875	27	7	confusion	confusion	NOUN
cjfa-13875	27	8	among	among	ADP
cjfa-13875	27	9	investors	investor	NOUN
cjfa-13875	27	10	as	as	ADP
cjfa-13875	27	11	to	to	ADP
cjfa-13875	27	12	the	the	DET
cjfa-13875	27	13	importance	importance	NOUN
cjfa-13875	27	14	of	of	ADP
cjfa-13875	27	15	individual	individual	ADJ
cjfa-13875	27	16	terms	term	NOUN
cjfa-13875	27	17	.	.	PUNCT
cjfa-13875	28	1	buy	buy	VERB
cjfa-13875	28	2	and	and	CCONJ
cjfa-13875	28	3	sell	sell	VERB
cjfa-13875	28	4	recommendations	recommendation	NOUN
cjfa-13875	28	5	,	,	PUNCT
cjfa-13875	28	6	which	which	PRON
cjfa-13875	28	7	suggest	suggest	VERB
cjfa-13875	28	8	buying	buy	VERB
cjfa-13875	28	9	or	or	CCONJ
cjfa-13875	28	10	selling	sell	VERB
cjfa-13875	28	11	a	a	DET
cjfa-13875	28	12	financial	financial	ADJ
cjfa-13875	28	13	instrument	instrument	NOUN
cjfa-13875	28	14	precisely	precisely	ADV
cjfa-13875	28	15	,	,	PUNCT
cjfa-13875	28	16	are	be	AUX
cjfa-13875	28	17	the	the	DET
cjfa-13875	28	18	most	most	ADV
cjfa-13875	28	19	precise	precise	ADJ
cjfa-13875	28	20	ones	one	NOUN
cjfa-13875	28	21	.	.	PUNCT
cjfa-13875	29	1	in	in	ADP
cjfa-13875	29	2	the	the	DET
cjfa-13875	29	3	case	case	NOUN
cjfa-13875	29	4	of	of	ADP
cjfa-13875	29	5	neutral	neutral	ADJ
cjfa-13875	29	6	recommendations	recommendation	NOUN
cjfa-13875	29	7	,	,	PUNCT
cjfa-13875	29	8	their	their	PRON
cjfa-13875	29	9	elements	element	NOUN
cjfa-13875	29	10	,	,	PUNCT
cjfa-13875	29	11	for	for	ADP
cjfa-13875	29	12	example	example	NOUN
cjfa-13875	29	13	those	those	PRON
cjfa-13875	29	14	concerning	concern	VERB
cjfa-13875	29	15	the	the	DET
cjfa-13875	29	16	target	target	NOUN
cjfa-13875	29	17	price	price	NOUN
cjfa-13875	29	18	,	,	PUNCT
cjfa-13875	29	19	should	should	AUX
cjfa-13875	29	20	be	be	AUX
cjfa-13875	29	21	gone	go	VERB
cjfa-13875	29	22	through	through	ADP
cjfa-13875	29	23	first	first	ADV
cjfa-13875	29	24	before	before	ADP
cjfa-13875	29	25	evaluating	evaluate	VERB
cjfa-13875	29	26	their	their	PRON
cjfa-13875	29	27	suitability	suitability	NOUN
cjfa-13875	29	28	.	.	PUNCT
cjfa-13875	30	1	it	it	PRON
cjfa-13875	30	2	is	be	AUX
cjfa-13875	30	3	also	also	ADV
cjfa-13875	30	4	important	important	ADJ
cjfa-13875	30	5	to	to	PART
cjfa-13875	30	6	remember	remember	VERB
cjfa-13875	30	7	that	that	SCONJ
cjfa-13875	30	8	in	in	ADP
cjfa-13875	30	9	the	the	DET
cjfa-13875	30	10	case	case	NOUN
cjfa-13875	30	11	of	of	ADP
cjfa-13875	30	12	so	so	ADV
cjfa-13875	30	13	-	-	PUNCT
cjfa-13875	30	14	called	call	VERB
cjfa-13875	30	15	short	short	ADJ
cjfa-13875	30	16	sell	sell	NOUN
cjfa-13875	30	17	,	,	PUNCT
cjfa-13875	30	18	a	a	DET
cjfa-13875	30	19	buy	buy	NOUN
cjfa-13875	30	20	recommendation	recommendation	NOUN
cjfa-13875	30	21	may	may	AUX
cjfa-13875	30	22	constitute	constitute	VERB
cjfa-13875	30	23	a	a	DET
cjfa-13875	30	24	suggestion	suggestion	NOUN
cjfa-13875	30	25	of	of	ADP
cjfa-13875	30	26	closing	close	VERB
cjfa-13875	30	27	a	a	DET
cjfa-13875	30	28	short	short	ADJ
cjfa-13875	30	29	position	position	NOUN
cjfa-13875	30	30	in	in	ADP
cjfa-13875	30	31	a	a	DET
cjfa-13875	30	32	given	give	VERB
cjfa-13875	30	33	instrument	instrument	NOUN
cjfa-13875	30	34	,	,	PUNCT
cjfa-13875	30	35	while	while	SCONJ
cjfa-13875	30	36	a	a	DET
cjfa-13875	30	37	sell	sell	NOUN
cjfa-13875	30	38	recommendation	recommendation	NOUN
cjfa-13875	30	39	constitutes	constitute	VERB
cjfa-13875	30	40	a	a	DET
cjfa-13875	30	41	suggestion	suggestion	NOUN
cjfa-13875	30	42	of	of	ADP
cjfa-13875	30	43	opening	open	VERB
cjfa-13875	30	44	a	a	DET
cjfa-13875	30	45	short	short	ADJ
cjfa-13875	30	46	position	position	NOUN
cjfa-13875	30	47	.	.	PUNCT
cjfa-13875	31	1	zbigniew	zbigniew	PROPN
cjfa-13875	31	2	drewniak	drewniak	PROPN
cjfa-13875	31	3	according	accord	VERB
cjfa-13875	31	4	to	to	ADP
cjfa-13875	31	5	the	the	DET
cjfa-13875	31	6	concept	concept	NOUN
cjfa-13875	31	7	of	of	ADP
cjfa-13875	31	8	market	market	NOUN
cjfa-13875	31	9	high	high	ADJ
cjfa-13875	31	10	efficiency	efficiency	NOUN
cjfa-13875	31	11	,	,	PUNCT
cjfa-13875	31	12	a	a	DET
cjfa-13875	31	13	recommendation	recommendation	NOUN
cjfa-13875	31	14	should	should	AUX
cjfa-13875	31	15	be	be	AUX
cjfa-13875	31	16	kept	keep	VERB
cjfa-13875	31	17	secret	secret	ADJ
cjfa-13875	31	18	until	until	SCONJ
cjfa-13875	31	19	it	it	PRON
cjfa-13875	31	20	becomes	become	VERB
cjfa-13875	31	21	available	available	ADJ
cjfa-13875	31	22	,	,	PUNCT
cjfa-13875	31	23	otherwise	otherwise	ADV
cjfa-13875	31	24	the	the	DET
cjfa-13875	31	25	persons	person	NOUN
cjfa-13875	31	26	who	who	PRON
cjfa-13875	31	27	obtain	obtain	VERB
cjfa-13875	31	28	such	such	ADJ
cjfa-13875	31	29	knowledge	knowledge	NOUN
cjfa-13875	31	30	earlier	early	ADV
cjfa-13875	31	31	(	(	PUNCT
cjfa-13875	31	32	insiders	insider	NOUN
cjfa-13875	31	33	)	)	PUNCT
cjfa-13875	31	34	would	would	AUX
cjfa-13875	31	35	have	have	VERB
cjfa-13875	31	36	an	an	DET
cjfa-13875	31	37	advantage	advantage	NOUN
cjfa-13875	31	38	over	over	ADP
cjfa-13875	31	39	outsiders	outsider	NOUN
cjfa-13875	31	40	,	,	PUNCT
cjfa-13875	31	41	which	which	PRON
cjfa-13875	31	42	would	would	AUX
cjfa-13875	31	43	lead	lead	VERB
cjfa-13875	31	44	to	to	ADP
cjfa-13875	31	45	information	information	NOUN
cjfa-13875	31	46	asymmetry	asymmetry	NOUN
cjfa-13875	31	47	.	.	PUNCT
cjfa-13875	32	1	institutions	institution	NOUN
cjfa-13875	32	2	issuing	issue	VERB
cjfa-13875	32	3	recommendations	recommendation	NOUN
cjfa-13875	32	4	should	should	AUX
cjfa-13875	32	5	apply	apply	VERB
cjfa-13875	32	6	appropriate	appropriate	ADJ
cjfa-13875	32	7	procedures	procedure	NOUN
cjfa-13875	32	8	in	in	ADP
cjfa-13875	32	9	this	this	DET
cjfa-13875	32	10	scope	scope	NOUN
cjfa-13875	32	11	consisting	consist	VERB
cjfa-13875	32	12	of	of	ADP
cjfa-13875	32	13	,	,	PUNCT
cjfa-13875	32	14	first	first	ADV
cjfa-13875	32	15	of	of	ADP
cjfa-13875	32	16	all	all	PRON
cjfa-13875	32	17	,	,	PUNCT
cjfa-13875	32	18	a	a	DET
cjfa-13875	32	19	limited	limited	ADJ
cjfa-13875	32	20	access	access	NOUN
cjfa-13875	32	21	to	to	ADP
cjfa-13875	32	22	a	a	DET
cjfa-13875	32	23	recommendation	recommendation	NOUN
cjfa-13875	32	24	being	be	AUX
cjfa-13875	32	25	drawn	draw	VERB
cjfa-13875	32	26	up	up	ADP
cjfa-13875	32	27	for	for	ADP
cjfa-13875	32	28	employees	employee	NOUN
cjfa-13875	32	29	dealing	deal	VERB
cjfa-13875	32	30	with	with	ADP
cjfa-13875	32	31	offering	offering	NOUN
cjfa-13875	32	32	,	,	PUNCT
cjfa-13875	32	33	selling	sell	VERB
cjfa-13875	32	34	or	or	CCONJ
cjfa-13875	32	35	buying	buy	VERB
cjfa-13875	32	36	financial	financial	ADJ
cjfa-13875	32	37	instruments	instrument	NOUN
cjfa-13875	32	38	.	.	PUNCT
cjfa-13875	33	1	in	in	ADP
cjfa-13875	33	2	many	many	ADJ
cjfa-13875	33	3	cases	case	NOUN
cjfa-13875	33	4	,	,	PUNCT
cjfa-13875	33	5	recommendations	recommendation	NOUN
cjfa-13875	33	6	provide	provide	VERB
cjfa-13875	33	7	an	an	DET
cjfa-13875	33	8	additional	additional	ADJ
cjfa-13875	33	9	argument	argument	NOUN
cjfa-13875	33	10	to	to	ADP
cjfa-13875	33	11	taking	take	VERB
cjfa-13875	33	12	a	a	DET
cjfa-13875	33	13	particular	particular	ADJ
cjfa-13875	33	14	investment	investment	NOUN
cjfa-13875	33	15	decision	decision	NOUN
cjfa-13875	33	16	.	.	PUNCT
cjfa-13875	34	1	less	less	ADV
cjfa-13875	34	2	experienced	experienced	ADJ
cjfa-13875	34	3	investors	investor	NOUN
cjfa-13875	34	4	,	,	PUNCT
cjfa-13875	34	5	when	when	SCONJ
cjfa-13875	34	6	using	use	VERB
cjfa-13875	34	7	a	a	DET
cjfa-13875	34	8	recommendation	recommendation	NOUN
cjfa-13875	34	9	,	,	PUNCT
cjfa-13875	34	10	can	can	AUX
cjfa-13875	34	11	rely	rely	VERB
cjfa-13875	34	12	on	on	ADP
cjfa-13875	34	13	expertise	expertise	NOUN
cjfa-13875	34	14	and	and	CCONJ
cjfa-13875	34	15	experience	experience	NOUN
cjfa-13875	34	16	of	of	ADP
cjfa-13875	34	17	analysts	analyst	NOUN
cjfa-13875	34	18	representing	represent	VERB
cjfa-13875	34	19	particular	particular	ADJ
cjfa-13875	34	20	financial	financial	ADJ
cjfa-13875	34	21	institutions	institution	NOUN
cjfa-13875	34	22	.	.	PUNCT
cjfa-13875	35	1	more	more	ADV
cjfa-13875	35	2	advanced	advanced	ADJ
cjfa-13875	35	3	investors	investor	NOUN
cjfa-13875	35	4	,	,	PUNCT
cjfa-13875	35	5	who	who	PRON
cjfa-13875	35	6	evaluate	evaluate	VERB
cjfa-13875	35	7	risk	risk	NOUN
cjfa-13875	35	8	and	and	CCONJ
cjfa-13875	35	9	benefits	benefit	NOUN
cjfa-13875	35	10	of	of	ADP
cjfa-13875	35	11	an	an	DET
cjfa-13875	35	12	investment	investment	NOUN
cjfa-13875	35	13	in	in	ADP
cjfa-13875	35	14	particular	particular	ADJ
cjfa-13875	35	15	instruments	instrument	NOUN
cjfa-13875	35	16	by	by	ADP
cjfa-13875	35	17	themselves	themselves	PRON
cjfa-13875	35	18	,	,	PUNCT
cjfa-13875	35	19	can	can	AUX
cjfa-13875	35	20	also	also	ADV
cjfa-13875	35	21	rely	rely	VERB
cjfa-13875	35	22	on	on	ADP
cjfa-13875	35	23	recommendations	recommendation	NOUN
cjfa-13875	35	24	,	,	PUNCT
cjfa-13875	35	25	which	which	PRON
cjfa-13875	35	26	in	in	ADP
cjfa-13875	35	27	this	this	DET
cjfa-13875	35	28	case	case	NOUN
cjfa-13875	35	29	constitute	constitute	VERB
cjfa-13875	35	30	one	one	NUM
cjfa-13875	35	31	of	of	ADP
cjfa-13875	35	32	many	many	ADJ
cjfa-13875	35	33	sources	source	NOUN
cjfa-13875	35	34	of	of	ADP
cjfa-13875	35	35	information	information	NOUN
cjfa-13875	35	36	.	.	PUNCT
cjfa-13875	36	1	therefore	therefore	ADV
cjfa-13875	36	2	,	,	PUNCT
cjfa-13875	36	3	it	it	PRON
cjfa-13875	36	4	seems	seem	VERB
cjfa-13875	36	5	crucial	crucial	ADJ
cjfa-13875	36	6	that	that	SCONJ
cjfa-13875	36	7	recommendations	recommendation	NOUN
cjfa-13875	36	8	issued	issue	VERB
cjfa-13875	36	9	by	by	ADP
cjfa-13875	36	10	financial	financial	ADJ
cjfa-13875	36	11	institutions	institution	NOUN
cjfa-13875	36	12	(	(	PUNCT
cjfa-13875	36	13	banks	bank	NOUN
cjfa-13875	36	14	,	,	PUNCT
cjfa-13875	36	15	brokerage	brokerage	NOUN
cjfa-13875	36	16	offices	office	NOUN
cjfa-13875	36	17	and	and	CCONJ
cjfa-13875	36	18	houses	house	NOUN
cjfa-13875	36	19	)	)	PUNCT
cjfa-13875	36	20	should	should	AUX
cjfa-13875	36	21	be	be	AUX
cjfa-13875	36	22	reliable	reliable	ADJ
cjfa-13875	36	23	and	and	CCONJ
cjfa-13875	36	24	honest	honest	ADJ
cjfa-13875	36	25	.	.	PUNCT
cjfa-13875	37	1	it	it	PRON
cjfa-13875	37	2	is	be	AUX
cjfa-13875	37	3	reasonable	reasonable	ADJ
cjfa-13875	37	4	to	to	PART
cjfa-13875	37	5	verify	verify	VERB
cjfa-13875	37	6	the	the	DET
cjfa-13875	37	7	effectiveness	effectiveness	NOUN
cjfa-13875	37	8	of	of	ADP
cjfa-13875	37	9	those	those	DET
cjfa-13875	37	10	recommendations	recommendation	NOUN
cjfa-13875	37	11	generally	generally	ADV
cjfa-13875	37	12	manifesting	manifest	VERB
cjfa-13875	37	13	in	in	ADP
cjfa-13875	37	14	their	their	PRON
cjfa-13875	37	15	efficiency	efficiency	NOUN
cjfa-13875	37	16	or	or	CCONJ
cjfa-13875	37	17	accuracy	accuracy	NOUN
cjfa-13875	37	18	.	.	PUNCT
cjfa-13875	38	1	a	a	DET
cjfa-13875	38	2	recommendation	recommendation	NOUN
cjfa-13875	38	3	should	should	AUX
cjfa-13875	38	4	encourage	encourage	VERB
cjfa-13875	38	5	an	an	DET
cjfa-13875	38	6	investor	investor	NOUN
cjfa-13875	38	7	to	to	PART
cjfa-13875	38	8	buy	buy	VERB
cjfa-13875	38	9	(	(	PUNCT
cjfa-13875	38	10	buy	buy	VERB
cjfa-13875	38	11	recommendation	recommendation	NOUN
cjfa-13875	38	12	)	)	PUNCT
cjfa-13875	38	13	or	or	CCONJ
cjfa-13875	38	14	to	to	PART
cjfa-13875	38	15	sell	sell	VERB
cjfa-13875	38	16	(	(	PUNCT
cjfa-13875	38	17	sell	sell	VERB
cjfa-13875	38	18	recommendation	recommendation	NOUN
cjfa-13875	38	19	)	)	PUNCT
cjfa-13875	38	20	a	a	DET
cjfa-13875	38	21	given	give	VERB
cjfa-13875	38	22	financial	financial	ADJ
cjfa-13875	38	23	instrument	instrument	NOUN
cjfa-13875	38	24	.	.	PUNCT
cjfa-13875	39	1	recommendations	recommendation	NOUN
cjfa-13875	39	2	largely	largely	ADV
cjfa-13875	39	3	base	base	VERB
cjfa-13875	39	4	on	on	ADP
cjfa-13875	39	5	listed	list	VERB
cjfa-13875	39	6	companies	company	NOUN
cjfa-13875	39	7	valuation	valuation	NOUN
cjfa-13875	39	8	and	and	CCONJ
cjfa-13875	39	9	on	on	ADP
cjfa-13875	39	10	macroeconomic	macroeconomic	ADJ
cjfa-13875	39	11	indicators	indicator	NOUN
cjfa-13875	39	12	,	,	PUNCT
cjfa-13875	39	13	they	they	PRON
cjfa-13875	39	14	are	be	AUX
cjfa-13875	39	15	therefore	therefore	ADV
cjfa-13875	39	16	connected	connect	VERB
cjfa-13875	39	17	with	with	ADP
cjfa-13875	39	18	so	so	ADV
cjfa-13875	39	19	-	-	PUNCT
cjfa-13875	39	20	called	call	VERB
cjfa-13875	39	21	fundamental	fundamental	ADJ
cjfa-13875	39	22	analysis	analysis	NOUN
cjfa-13875	39	23	.	.	PUNCT
cjfa-13875	40	1	if	if	SCONJ
cjfa-13875	40	2	,	,	PUNCT
cjfa-13875	40	3	through	through	ADP
cjfa-13875	40	4	valuation	valuation	NOUN
cjfa-13875	40	5	,	,	PUNCT
cjfa-13875	40	6	the	the	DET
cjfa-13875	40	7	value	value	NOUN
cjfa-13875	40	8	of	of	ADP
cjfa-13875	40	9	a	a	DET
cjfa-13875	40	10	company	company	NOUN
cjfa-13875	40	11	’s	’s	PART
cjfa-13875	40	12	stocks	stock	NOUN
cjfa-13875	40	13	is	be	AUX
cjfa-13875	40	14	set	set	VERB
cjfa-13875	40	15	at	at	ADP
cjfa-13875	40	16	the	the	DET
cjfa-13875	40	17	level	level	NOUN
cjfa-13875	40	18	v	v	NOUN
cjfa-13875	40	19	,	,	PUNCT
cjfa-13875	40	20	then	then	ADV
cjfa-13875	40	21	recommendations	recommendation	NOUN
cjfa-13875	40	22	should	should	AUX
cjfa-13875	40	23	be	be	AUX
cjfa-13875	40	24	issued	issue	VERB
cjfa-13875	40	25	in	in	ADP
cjfa-13875	40	26	accordance	accordance	NOUN
cjfa-13875	40	27	with	with	ADP
cjfa-13875	40	28	the	the	DET
cjfa-13875	40	29	following	follow	VERB
cjfa-13875	40	30	algorithm	algorithm	NOUN
cjfa-13875	40	31	:	:	PUNCT
cjfa-13875	40	32	(	(	PUNCT
cjfa-13875	40	33	1	1	X
cjfa-13875	40	34	)	)	PUNCT
cjfa-13875	40	35	(	(	PUNCT
cjfa-13875	40	36	2	2	X
cjfa-13875	40	37	)	)	PUNCT
cjfa-13875	41	1	where	where	SCONJ
cjfa-13875	41	2	:	:	PUNCT
cjfa-13875	41	3	c	c	X
cjfa-13875	41	4	an	an	DET
cjfa-13875	41	5	analysis	analysis	NOUN
cjfa-13875	41	6	of	of	ADP
cjfa-13875	41	7	brokerage	brokerage	NOUN
cjfa-13875	41	8	recommendations	recommendation	NOUN
cjfa-13875	41	9	…	…	PUNCT
cjfa-13875	41	10	a	a	DET
cjfa-13875	41	11	recommending	recommend	VERB
cjfa-13875	41	12	person	person	NOUN
cjfa-13875	41	13	should	should	AUX
cjfa-13875	41	14	base	base	VERB
cjfa-13875	41	15	the	the	DET
cjfa-13875	41	16	valuation	valuation	NOUN
cjfa-13875	41	17	on	on	ADP
cjfa-13875	41	18	at	at	ADV
cjfa-13875	41	19	least	least	ADV
cjfa-13875	41	20	two	two	NUM
cjfa-13875	41	21	methods	method	NOUN
cjfa-13875	41	22	.	.	PUNCT
cjfa-13875	42	1	the	the	DET
cjfa-13875	42	2	ones	one	NOUN
cjfa-13875	42	3	the	the	DET
cjfa-13875	42	4	most	most	ADV
cjfa-13875	42	5	often	often	ADV
cjfa-13875	42	6	used	use	VERB
cjfa-13875	42	7	in	in	ADP
cjfa-13875	42	8	this	this	DET
cjfa-13875	42	9	area	area	NOUN
cjfa-13875	42	10	are	be	AUX
cjfa-13875	42	11	the	the	DET
cjfa-13875	42	12	following	following	NOUN
cjfa-13875	42	13	:	:	PUNCT
cjfa-13875	42	14	the	the	DET
cjfa-13875	42	15	discounted	discount	VERB
cjfa-13875	42	16	cash	cash	NOUN
cjfa-13875	42	17	flow	flow	NOUN
cjfa-13875	42	18	method	method	NOUN
cjfa-13875	42	19	(	(	PUNCT
cjfa-13875	42	20	dcf	dcf	PROPN
cjfa-13875	42	21	)	)	PUNCT
cjfa-13875	42	22	and	and	CCONJ
cjfa-13875	42	23	the	the	DET
cjfa-13875	42	24	comparative	comparative	ADJ
cjfa-13875	42	25	method	method	NOUN
cjfa-13875	42	26	(	(	PUNCT
cjfa-13875	42	27	dechow	dechow	ADJ
cjfa-13875	42	28	,	,	PUNCT
cjfa-13875	42	29	kothari	kothari	PROPN
cjfa-13875	42	30	&	&	CCONJ
cjfa-13875	42	31	watts	watts	PROPN
cjfa-13875	42	32	,	,	PUNCT
cjfa-13875	42	33	proper	proper	ADJ
cjfa-13875	42	34	valuation	valuation	NOUN
cjfa-13875	42	35	of	of	ADP
cjfa-13875	42	36	a	a	DET
cjfa-13875	42	37	given	give	VERB
cjfa-13875	42	38	financial	financial	ADJ
cjfa-13875	42	39	instrument	instrument	NOUN
cjfa-13875	42	40	performed	perform	VERB
cjfa-13875	42	41	by	by	ADP
cjfa-13875	42	42	the	the	DET
cjfa-13875	42	43	market	market	NOUN
cjfa-13875	42	44	.	.	PUNCT
cjfa-13875	43	1	in	in	ADP
cjfa-13875	43	2	accordance	accordance	NOUN
cjfa-13875	43	3	with	with	ADP
cjfa-13875	43	4	analysts	analyst	NOUN
cjfa-13875	43	5	’	’	PART
cjfa-13875	43	6	opinion	opinion	NOUN
cjfa-13875	43	7	,	,	PUNCT
cjfa-13875	43	8	a	a	DET
cjfa-13875	43	9	given	give	VERB
cjfa-13875	43	10	instrument	instrument	NOUN
cjfa-13875	43	11	can	can	AUX
cjfa-13875	43	12	be	be	AUX
cjfa-13875	43	13	underestimated	underestimate	VERB
cjfa-13875	43	14	and	and	CCONJ
cjfa-13875	43	15	therefore	therefore	ADV
cjfa-13875	43	16	an	an	DET
cjfa-13875	43	17	increase	increase	NOUN
cjfa-13875	43	18	in	in	ADP
cjfa-13875	43	19	its	its	PRON
cjfa-13875	43	20	market	market	NOUN
cjfa-13875	43	21	value	value	NOUN
cjfa-13875	43	22	is	be	AUX
cjfa-13875	43	23	forecast	forecast	VERB
cjfa-13875	43	24	(	(	PUNCT
cjfa-13875	43	25	buy	buy	VERB
cjfa-13875	43	26	recommendation	recommendation	NOUN
cjfa-13875	43	27	)	)	PUNCT
cjfa-13875	43	28	or	or	CCONJ
cjfa-13875	43	29	overvalued	overvalue	VERB
cjfa-13875	43	30	and	and	CCONJ
cjfa-13875	43	31	then	then	ADV
cjfa-13875	43	32	it	it	PRON
cjfa-13875	43	33	constitutes	constitute	VERB
cjfa-13875	43	34	a	a	DET
cjfa-13875	43	35	subject	subject	NOUN
cjfa-13875	43	36	of	of	ADP
cjfa-13875	43	37	sell	sell	NOUN
cjfa-13875	43	38	recommendation	recommendation	NOUN
cjfa-13875	43	39	.	.	PUNCT
cjfa-13875	44	1	analysts	analyst	NOUN
cjfa-13875	44	2	and	and	CCONJ
cjfa-13875	44	3	institutions	institution	NOUN
cjfa-13875	44	4	issuing	issue	VERB
cjfa-13875	44	5	recommendations	recommendation	NOUN
cjfa-13875	44	6	have	have	VERB
cjfa-13875	44	7	in	in	ADP
cjfa-13875	44	8	many	many	ADJ
cjfa-13875	44	9	cases	case	NOUN
cjfa-13875	44	10	an	an	DET
cjfa-13875	44	11	easier	easy	ADJ
cjfa-13875	44	12	access	access	NOUN
cjfa-13875	44	13	to	to	ADP
cjfa-13875	44	14	information	information	NOUN
cjfa-13875	44	15	on	on	ADP
cjfa-13875	44	16	companies	company	NOUN
cjfa-13875	44	17	,	,	PUNCT
cjfa-13875	44	18	which	which	PRON
cjfa-13875	44	19	is	be	AUX
cjfa-13875	44	20	not	not	PART
cjfa-13875	44	21	always	always	ADV
cjfa-13875	44	22	the	the	DET
cjfa-13875	44	23	preserve	preserve	NOUN
cjfa-13875	44	24	of	of	ADP
cjfa-13875	44	25	institutional	institutional	ADJ
cjfa-13875	44	26	investors	investor	NOUN
cjfa-13875	44	27	.	.	PUNCT
cjfa-13875	45	1	getting	getting	AUX
cjfa-13875	45	2	acquainted	acquaint	VERB
cjfa-13875	45	3	with	with	ADP
cjfa-13875	45	4	a	a	DET
cjfa-13875	45	5	recommendation	recommendation	NOUN
cjfa-13875	45	6	can	can	AUX
cjfa-13875	45	7	therefore	therefore	ADV
cjfa-13875	45	8	be	be	AUX
cjfa-13875	45	9	a	a	DET
cjfa-13875	45	10	way	way	NOUN
cjfa-13875	45	11	of	of	ADP
cjfa-13875	45	12	reducing	reduce	VERB
cjfa-13875	45	13	information	information	NOUN
cjfa-13875	45	14	asymmetry	asymmetry	NOUN
cjfa-13875	45	15	.	.	PUNCT
cjfa-13875	46	1	the	the	DET
cjfa-13875	46	2	first	first	ADJ
cjfa-13875	46	3	studies	study	NOUN
cjfa-13875	46	4	on	on	ADP
cjfa-13875	46	5	evaluation	evaluation	NOUN
cjfa-13875	46	6	of	of	ADP
cjfa-13875	46	7	recommendations	recommendation	NOUN
cjfa-13875	46	8	can	can	AUX
cjfa-13875	46	9	be	be	AUX
cjfa-13875	46	10	found	find	VERB
cjfa-13875	46	11	in	in	ADP
cjfa-13875	46	12	cowles	cowle	NOUN
cjfa-13875	46	13	on	on	ADP
cjfa-13875	46	14	recommendations	recommendation	NOUN
cjfa-13875	46	15	did	do	AUX
cjfa-13875	46	16	not	not	PART
cjfa-13875	46	17	lead	lead	VERB
cjfa-13875	46	18	to	to	ADP
cjfa-13875	46	19	generating	generate	VERB
cjfa-13875	46	20	above	above	ADP
cjfa-13875	46	21	average	average	ADJ
cjfa-13875	46	22	rates	rate	NOUN
cjfa-13875	46	23	of	of	ADP
cjfa-13875	46	24	return	return	NOUN
cjfa-13875	46	25	.	.	PUNCT
cjfa-13875	47	1	tention	tention	NOUN
cjfa-13875	47	2	to	to	ADP
cjfa-13875	47	3	.	.	PUNCT
cjfa-13875	48	1	he	he	PRON
cjfa-13875	48	2	analysed	analyse	VERB
cjfa-13875	48	3	recommendations	recommendation	NOUN
cjfa-13875	48	4	on	on	ADP
cjfa-13875	48	5	the	the	DET
cjfa-13875	48	6	american	american	ADJ
cjfa-13875	48	7	stock	stock	NOUN
cjfa-13875	48	8	market	market	NOUN
cjfa-13875	48	9	.	.	PUNCT
cjfa-13875	49	1	he	he	PRON
cjfa-13875	49	2	paid	pay	VERB
cjfa-13875	49	3	attention	attention	NOUN
cjfa-13875	49	4	to	to	ADP
cjfa-13875	49	5	the	the	DET
cjfa-13875	49	6	influence	influence	NOUN
cjfa-13875	49	7	of	of	ADP
cjfa-13875	49	8	listing	listing	NOUN
cjfa-13875	49	9	of	of	ADP
cjfa-13875	49	10	shares	share	NOUN
cjfa-13875	49	11	from	from	ADP
cjfa-13875	49	12	the	the	DET
cjfa-13875	49	13	past	past	NOUN
cjfa-13875	49	14	on	on	ADP
cjfa-13875	49	15	issued	issue	VERB
cjfa-13875	49	16	recommendations	recommendation	NOUN
cjfa-13875	49	17	and	and	CCONJ
cjfa-13875	49	18	noted	note	VERB
cjfa-13875	49	19	that	that	SCONJ
cjfa-13875	49	20	among	among	ADP
cjfa-13875	49	21	recommendations	recommendation	NOUN
cjfa-13875	49	22	those	those	PRON
cjfa-13875	49	23	concerning	concern	VERB
cjfa-13875	49	24	the	the	DET
cjfa-13875	49	25	purchaser	purchaser	NOUN
cjfa-13875	49	26	prevail	prevail	VERB
cjfa-13875	49	27	.	.	PUNCT
cjfa-13875	50	1	ertimur	ertimur	PROPN
cjfa-13875	50	2	(	(	PUNCT
cjfa-13875	50	3	2010	2010	NUM
cjfa-13875	50	4	)	)	PUNCT
cjfa-13875	50	5	came	come	VERB
cjfa-13875	50	6	to	to	ADP
cjfa-13875	50	7	a	a	DET
cjfa-13875	50	8	similar	similar	ADJ
cjfa-13875	50	9	conclusion	conclusion	NOUN
cjfa-13875	50	10	analysing	analyse	VERB
cjfa-13875	50	11	the	the	DET
cjfa-13875	50	12	ommendations	ommendation	NOUN
cjfa-13875	50	13	often	often	ADV
cjfa-13875	50	14	include	include	VERB
cjfa-13875	50	15	conclusions	conclusion	NOUN
cjfa-13875	50	16	that	that	SCONJ
cjfa-13875	50	17	brokerage	brokerage	NOUN
cjfa-13875	50	18	offices	office	NOUN
cjfa-13875	50	19	and	and	CCONJ
cjfa-13875	50	20	houses	house	NOUN
cjfa-13875	50	21	(	(	PUNCT
cjfa-13875	50	22	as	as	ADP
cjfa-13875	50	23	the	the	DET
cjfa-13875	50	24	supply	supply	NOUN
cjfa-13875	50	25	side	side	NOUN
cjfa-13875	50	26	of	of	ADP
cjfa-13875	50	27	the	the	DET
cjfa-13875	50	28	market	market	NOUN
cjfa-13875	50	29	)	)	PUNCT
cjfa-13875	50	30	are	be	AUX
cjfa-13875	50	31	more	more	ADV
cjfa-13875	50	32	inclined	inclined	ADJ
cjfa-13875	50	33	to	to	PART
cjfa-13875	50	34	issue	issue	VERB
cjfa-13875	50	35	buy	buy	VERB
cjfa-13875	50	36	recommendations	recommendation	NOUN
cjfa-13875	50	37	that	that	PRON
cjfa-13875	50	38	sell	sell	VERB
cjfa-13875	50	39	recommendations	recommendation	NOUN
cjfa-13875	50	40	.	.	PUNCT
cjfa-13875	51	1	the	the	DET
cjfa-13875	51	2	willingness	willingness	NOUN
cjfa-13875	51	3	to	to	PART
cjfa-13875	51	4	gather	gather	VERB
cjfa-13875	51	5	clients	client	NOUN
cjfa-13875	51	6	is	be	AUX
cjfa-13875	51	7	a	a	DET
cjfa-13875	51	8	natural	natural	ADJ
cjfa-13875	51	9	thing	thing	NOUN
cjfa-13875	51	10	,	,	PUNCT
cjfa-13875	51	11	which	which	PRON
cjfa-13875	51	12	results	result	VERB
cjfa-13875	51	13	in	in	ADP
cjfa-13875	51	14	greater	great	ADJ
cjfa-13875	51	15	interest	interest	NOUN
cjfa-13875	51	16	in	in	ADP
cjfa-13875	51	17	recommendations	recommendation	NOUN
cjfa-13875	51	18	which	which	PRON
cjfa-13875	51	19	can	can	AUX
cjfa-13875	51	20	lead	lead	VERB
cjfa-13875	51	21	to	to	ADP
cjfa-13875	51	22	purchasing	purchase	VERB
cjfa-13875	51	23	specific	specific	ADJ
cjfa-13875	51	24	instruments	instrument	NOUN
cjfa-13875	51	25	through	through	ADP
cjfa-13875	51	26	brokerage	brokerage	NOUN
cjfa-13875	51	27	offices	office	NOUN
cjfa-13875	51	28	and	and	CCONJ
cjfa-13875	51	29	houses	house	NOUN
cjfa-13875	51	30	issuing	issue	VERB
cjfa-13875	51	31	those	those	DET
cjfa-13875	51	32	recommendations	recommendation	NOUN
cjfa-13875	51	33	.	.	PUNCT
cjfa-13875	52	1	according	accord	VERB
cjfa-13875	52	2	to	to	ADP
cjfa-13875	52	3	the	the	DET
cjfa-13875	52	4	current	current	ADJ
cjfa-13875	52	5	literature	literature	NOUN
cjfa-13875	52	6	,	,	PUNCT
cjfa-13875	52	7	most	most	ADJ
cjfa-13875	52	8	analysts	analyst	NOUN
cjfa-13875	52	9	are	be	AUX
cjfa-13875	52	10	preparing	prepare	VERB
cjfa-13875	52	11	rather	rather	ADV
cjfa-13875	52	12	opthan	opthan	ADP
cjfa-13875	52	13	sales	sale	NOUN
cjfa-13875	52	14	,	,	PUNCT
cjfa-13875	52	15	which	which	PRON
cjfa-13875	52	16	explains	explain	VERB
cjfa-13875	52	17	the	the	DET
cjfa-13875	52	18	reluctance	reluctance	NOUN
cjfa-13875	52	19	of	of	ADP
cjfa-13875	52	20	specialists	specialist	NOUN
cjfa-13875	52	21	to	to	PART
cjfa-13875	52	22	give	give	VERB
cjfa-13875	52	23	negative	negative	ADJ
cjfa-13875	52	24	reports	report	NOUN
cjfa-13875	52	25	.	.	PUNCT
cjfa-13875	53	1	zbigniew	zbigniew	PROPN
cjfa-13875	53	2	drewniak	drewniak	PROPN
cjfa-13875	53	3	all	all	DET
cjfa-13875	53	4	recommendations	recommendation	NOUN
cjfa-13875	53	5	in	in	ADP
cjfa-13875	53	6	the	the	DET
cjfa-13875	53	7	united	united	PROPN
cjfa-13875	53	8	states	states	PROPN
cjfa-13875	53	9	were	be	AUX
cjfa-13875	53	10	in	in	ADP
cjfa-13875	53	11	the	the	DET
cjfa-13875	53	12	“	"	PUNCT
cjfa-13875	53	13	buy	buy	VERB
cjfa-13875	53	14	”	"	PUNCT
cjfa-13875	53	15	category	category	NOUN
cjfa-13875	53	16	.	.	PUNCT
cjfa-13875	54	1	at	at	ADP
cjfa-13875	54	2	the	the	DET
cjfa-13875	54	3	lar	lar	PROPN
cjfa-13875	54	4	observations	observation	NOUN
cjfa-13875	54	5	have	have	AUX
cjfa-13875	54	6	also	also	ADV
cjfa-13875	54	7	been	be	AUX
cjfa-13875	54	8	made	make	VERB
cjfa-13875	54	9	by	by	ADP
cjfa-13875	54	10	barber	barber	PROPN
cjfa-13875	54	11	et	et	PROPN
cjfa-13875	54	12	al	al	PROPN
cjfa-13875	54	13	.	.	PROPN
cjfa-13875	55	1	(	(	PUNCT
cjfa-13875	55	2	2001	2001	NUM
cjfa-13875	55	3	)	)	PUNCT
cjfa-13875	55	4	,	,	PUNCT
cjfa-13875	55	5	jagadeeshi	jagadeeshi	PROPN
cjfa-13875	55	6	et	et	PROPN
cjfa-13875	55	7	al	al	PROPN
cjfa-13875	55	8	.	.	PROPN
cjfa-13875	55	9	jegadeesh	jegadeesh	PROPN
cjfa-13875	55	10	and	and	CCONJ
cjfa-13875	55	11	kim	kim	PROPN
cjfa-13875	55	12	(	(	PUNCT
cjfa-13875	55	13	2006	2006	NUM
cjfa-13875	55	14	)	)	PUNCT
cjfa-13875	55	15	carried	carry	VERB
cjfa-13875	55	16	out	out	ADP
cjfa-13875	55	17	the	the	DET
cjfa-13875	55	18	research	research	NOUN
cjfa-13875	55	19	on	on	ADP
cjfa-13875	55	20	effectiveness	effectiveness	NOUN
cjfa-13875	55	21	of	of	ADP
cjfa-13875	55	22	recommendations	recommendation	NOUN
cjfa-13875	55	23	in	in	ADP
cjfa-13875	55	24	g7	g7	PROPN
cjfa-13875	55	25	countries	country	NOUN
cjfa-13875	55	26	.	.	PUNCT
cjfa-13875	56	1	they	they	PRON
cjfa-13875	56	2	indicated	indicate	VERB
cjfa-13875	56	3	that	that	SCONJ
cjfa-13875	56	4	stock	stock	NOUN
cjfa-13875	56	5	prices	price	NOUN
cjfa-13875	56	6	on	on	ADP
cjfa-13875	56	7	the	the	DET
cjfa-13875	56	8	market	market	NOUN
cjfa-13875	56	9	on	on	ADP
cjfa-13875	56	10	the	the	DET
cjfa-13875	56	11	day	day	NOUN
cjfa-13875	56	12	of	of	ADP
cjfa-13875	56	13	publication	publication	NOUN
cjfa-13875	56	14	of	of	ADP
cjfa-13875	56	15	the	the	DET
cjfa-13875	56	16	recommendation	recommendation	NOUN
cjfa-13875	56	17	,	,	PUNCT
cjfa-13875	56	18	and	and	CCONJ
cjfa-13875	56	19	on	on	ADP
cjfa-13875	56	20	subsequent	subsequent	ADJ
cjfa-13875	56	21	days	day	NOUN
cjfa-13875	56	22	,	,	PUNCT
cjfa-13875	56	23	responded	respond	VERB
cjfa-13875	56	24	in	in	ADP
cjfa-13875	56	25	accordance	accordance	NOUN
cjfa-13875	56	26	with	with	ADP
cjfa-13875	56	27	the	the	DET
cjfa-13875	56	28	recommendations	recommendation	NOUN
cjfa-13875	56	29	contained	contain	VERB
cjfa-13875	56	30	therein	therein	ADV
cjfa-13875	56	31	.	.	PUNCT
cjfa-13875	57	1	in	in	ADP
cjfa-13875	57	2	the	the	DET
cjfa-13875	57	3	period	period	NOUN
cjfa-13875	57	4	up	up	ADP
cjfa-13875	57	5	to	to	PART
cjfa-13875	57	6	6	6	NUM
cjfa-13875	57	7	months	month	NOUN
cjfa-13875	57	8	,	,	PUNCT
cjfa-13875	57	9	stock	stock	NOUN
cjfa-13875	57	10	prices	price	NOUN
cjfa-13875	57	11	generally	generally	ADV
cjfa-13875	57	12	followed	follow	VERB
cjfa-13875	57	13	in	in	ADP
cjfa-13875	57	14	a	a	DET
cjfa-13875	57	15	direction	direction	NOUN
cjfa-13875	57	16	consistent	consistent	ADJ
cjfa-13875	57	17	with	with	ADP
cjfa-13875	57	18	recompilation	recompilation	NOUN
cjfa-13875	57	19	.	.	PUNCT
cjfa-13875	58	1	this	this	PRON
cjfa-13875	58	2	is	be	AUX
cjfa-13875	58	3	particularly	particularly	ADV
cjfa-13875	58	4	evident	evident	ADJ
cjfa-13875	58	5	in	in	ADP
cjfa-13875	58	6	the	the	DET
cjfa-13875	58	7	most	most	ADV
cjfa-13875	58	8	developed	develop	VERB
cjfa-13875	58	9	countries	country	NOUN
cjfa-13875	58	10	like	like	ADP
cjfa-13875	58	11	the	the	DET
cjfa-13875	58	12	united	united	PROPN
cjfa-13875	58	13	states	states	PROPN
cjfa-13875	58	14	and	and	CCONJ
cjfa-13875	58	15	japan	japan	PROPN
cjfa-13875	58	16	.	.	PUNCT
cjfa-13875	59	1	also	also	ADV
cjfa-13875	59	2	,	,	PUNCT
cjfa-13875	59	3	analyzes	analyze	NOUN
cjfa-13875	59	4	conducted	conduct	VERB
cjfa-13875	59	5	by	by	ADP
cjfa-13875	59	6	ryan	ryan	PROPN
cjfa-13875	59	7	and	and	CCONJ
cjfa-13875	59	8	taffler	taffler	PROPN
cjfa-13875	59	9	(	(	PUNCT
cjfa-13875	59	10	2006	2006	NUM
cjfa-13875	59	11	)	)	PUNCT
cjfa-13875	59	12	in	in	ADP
cjfa-13875	59	13	the	the	DET
cjfa-13875	59	14	uk	uk	PROPN
cjfa-13875	59	15	have	have	AUX
cjfa-13875	59	16	confirmed	confirm	VERB
cjfa-13875	59	17	that	that	SCONJ
cjfa-13875	59	18	prices	price	NOUN
cjfa-13875	59	19	on	on	ADP
cjfa-13875	59	20	stock	stock	NOUN
cjfa-13875	59	21	exchanges	exchange	NOUN
cjfa-13875	59	22	are	be	AUX
cjfa-13875	59	23	changing	change	VERB
cjfa-13875	59	24	in	in	ADP
cjfa-13875	59	25	line	line	NOUN
cjfa-13875	59	26	with	with	ADP
cjfa-13875	59	27	recommendations	recommendation	NOUN
cjfa-13875	59	28	from	from	ADP
cjfa-13875	59	29	both	both	CCONJ
cjfa-13875	59	30	the	the	DET
cjfa-13875	59	31	date	date	NOUN
cjfa-13875	59	32	of	of	ADP
cjfa-13875	59	33	issue	issue	NOUN
cjfa-13875	59	34	and	and	CCONJ
cjfa-13875	59	35	the	the	DET
cjfa-13875	59	36	next	next	ADJ
cjfa-13875	59	37	few	few	ADJ
cjfa-13875	59	38	months	month	NOUN
cjfa-13875	59	39	.	.	PUNCT
cjfa-13875	60	1	they	they	PRON
cjfa-13875	60	2	also	also	ADV
cjfa-13875	60	3	showed	show	VERB
cjfa-13875	60	4	stronger	strong	ADJ
cjfa-13875	60	5	market	market	NOUN
cjfa-13875	60	6	reactions	reaction	NOUN
cjfa-13875	60	7	to	to	ADP
cjfa-13875	60	8	sales	sale	NOUN
cjfa-13875	60	9	orders	order	NOUN
cjfa-13875	60	10	than	than	SCONJ
cjfa-13875	60	11	buy	buy	VERB
cjfa-13875	60	12	orders	order	NOUN
cjfa-13875	60	13	reactions	reaction	NOUN
cjfa-13875	60	14	,	,	PUNCT
cjfa-13875	60	15	and	and	CCONJ
cjfa-13875	60	16	also	also	ADV
cjfa-13875	60	17	showed	show	VERB
cjfa-13875	60	18	that	that	SCONJ
cjfa-13875	60	19	the	the	DET
cjfa-13875	60	20	response	response	NOUN
cjfa-13875	60	21	of	of	ADP
cjfa-13875	60	22	investors	investor	NOUN
cjfa-13875	60	23	to	to	ADP
cjfa-13875	60	24	recommendations	recommendation	NOUN
cjfa-13875	60	25	is	be	AUX
cjfa-13875	60	26	stronger	strong	ADJ
cjfa-13875	60	27	for	for	ADP
cjfa-13875	60	28	smaller	small	ADJ
cjfa-13875	60	29	companies	company	NOUN
cjfa-13875	60	30	.	.	PUNCT
cjfa-13875	61	1	other	other	ADJ
cjfa-13875	61	2	analyzes	analyze	NOUN
cjfa-13875	61	3	conducted	conduct	VERB
cjfa-13875	61	4	on	on	ADP
cjfa-13875	61	5	the	the	DET
cjfa-13875	61	6	us	us	PROPN
cjfa-13875	61	7	market	market	NOUN
cjfa-13875	61	8	indicate	indicate	VERB
cjfa-13875	61	9	,	,	PUNCT
cjfa-13875	61	10	however	however	ADV
cjfa-13875	61	11	,	,	PUNCT
cjfa-13875	61	12	that	that	SCONJ
cjfa-13875	61	13	stock	stock	NOUN
cjfa-13875	61	14	prices	price	NOUN
cjfa-13875	61	15	of	of	ADP
cjfa-13875	61	16	companies	company	NOUN
cjfa-13875	61	17	that	that	PRON
cjfa-13875	61	18	issued	issue	VERB
cjfa-13875	61	19	buy	buy	NOUN
cjfa-13875	61	20	recommendations	recommendation	NOUN
cjfa-13875	61	21	generated	generate	VERB
cjfa-13875	61	22	yields	yield	NOUN
cjfa-13875	61	23	better	well	ADV
cjfa-13875	61	24	were	be	AUX
cjfa-13875	61	25	published	publish	VERB
cjfa-13875	61	26	.	.	PUNCT
cjfa-13875	62	1	research	research	NOUN
cjfa-13875	62	2	has	have	AUX
cjfa-13875	62	3	suggested	suggest	VERB
cjfa-13875	62	4	that	that	SCONJ
cjfa-13875	62	5	transaction	transaction	NOUN
cjfa-13875	62	6	costs	cost	NOUN
cjfa-13875	62	7	could	could	AUX
cjfa-13875	62	8	outweigh	outweigh	VERB
cjfa-13875	62	9	the	the	DET
cjfa-13875	62	10	potential	potential	ADJ
cjfa-13875	62	11	benefits	benefit	NOUN
cjfa-13875	62	12	of	of	ADP
cjfa-13875	62	13	investing	invest	VERB
cjfa-13875	62	14	in	in	ADP
cjfa-13875	62	15	these	these	DET
cjfa-13875	62	16	shares	share	NOUN
cjfa-13875	62	17	(	(	PUNCT
cjfa-13875	62	18	zaremba	zaremba	NOUN
cjfa-13875	62	19	,	,	PUNCT
cjfa-13875	62	20	2010	2010	NUM
cjfa-13875	62	21	)	)	PUNCT
cjfa-13875	62	22	.	.	PUNCT
cjfa-13875	63	1	similar	similar	ADJ
cjfa-13875	63	2	conclusions	conclusion	NOUN
cjfa-13875	63	3	in	in	ADP
cjfa-13875	63	4	their	their	PRON
cjfa-13875	63	5	analyses	analysis	NOUN
cjfa-13875	63	6	indicating	indicate	VERB
cjfa-13875	63	7	low	low	ADJ
cjfa-13875	63	8	effectiveness	effectiveness	NOUN
cjfa-13875	63	9	of	of	ADP
cjfa-13875	63	10	this	this	DET
cjfa-13875	63	11	kind	kind	NOUN
cjfa-13875	63	12	of	of	ADP
cjfa-13875	63	13	analysts	analyst	NOUN
cjfa-13875	63	14	’	’	PART
cjfa-13875	63	15	forecasts	forecast	NOUN
cjfa-13875	63	16	.	.	PUNCT
cjfa-13875	64	1	recommended	recommend	VERB
cjfa-13875	64	2	companies	company	NOUN
cjfa-13875	64	3	reached	reach	VERB
cjfa-13875	64	4	target	target	NOUN
cjfa-13875	64	5	prices	price	NOUN
cjfa-13875	64	6	within	within	ADP
cjfa-13875	64	7	6	6	NUM
cjfa-13875	64	8	months	month	NOUN
cjfa-13875	64	9	after	after	SCONJ
cjfa-13875	64	10	the	the	DET
cjfa-13875	64	11	pubshares	pubshare	NOUN
cjfa-13875	64	12	for	for	ADP
cjfa-13875	64	13	which	which	PRON
cjfa-13875	64	14	analytical	analytical	ADJ
cjfa-13875	64	15	reports	report	NOUN
cjfa-13875	64	16	were	be	AUX
cjfa-13875	64	17	issued	issue	VERB
cjfa-13875	64	18	,	,	PUNCT
cjfa-13875	64	19	prices	price	NOUN
cjfa-13875	64	20	changed	change	VERB
cjfa-13875	64	21	in	in	ADP
cjfa-13875	64	22	the	the	DET
cjfa-13875	64	23	direckerage	direckerage	NOUN
cjfa-13875	64	24	recommendations	recommendation	NOUN
cjfa-13875	64	25	.	.	PUNCT
cjfa-13875	65	1	an	an	DET
cjfa-13875	65	2	analysis	analysis	NOUN
cjfa-13875	65	3	of	of	ADP
cjfa-13875	65	4	brokerage	brokerage	NOUN
cjfa-13875	65	5	recommendations	recommendation	NOUN
cjfa-13875	65	6	…	…	PUNCT
cjfa-13875	65	7	analyzes	analyze	NOUN
cjfa-13875	65	8	conducted	conduct	VERB
cjfa-13875	65	9	by	by	ADP
cjfa-13875	65	10	adamczyk	adamczyk	NOUN
cjfa-13875	65	11	(	(	PUNCT
cjfa-13875	65	12	2010	2010	NUM
cjfa-13875	65	13	)	)	PUNCT
cjfa-13875	65	14	have	have	AUX
cjfa-13875	65	15	shown	show	VERB
cjfa-13875	65	16	that	that	SCONJ
cjfa-13875	65	17	analysts	analyst	NOUN
cjfa-13875	65	18	in	in	ADP
cjfa-13875	65	19	the	the	DET
cjfa-13875	65	20	recommendations	recommendation	NOUN
cjfa-13875	65	21	correctly	correctly	ADV
cjfa-13875	65	22	evaluate	evaluate	VERB
cjfa-13875	65	23	the	the	DET
cjfa-13875	65	24	direction	direction	NOUN
cjfa-13875	65	25	in	in	ADP
cjfa-13875	65	26	which	which	PRON
cjfa-13875	65	27	stock	stock	NOUN
cjfa-13875	65	28	prices	price	NOUN
cjfa-13875	65	29	follow	follow	VERB
cjfa-13875	65	30	.	.	PUNCT
cjfa-13875	66	1	however	however	ADV
cjfa-13875	66	2	,	,	PUNCT
cjfa-13875	66	3	detailed	detailed	ADJ
cjfa-13875	66	4	studies	study	NOUN
cjfa-13875	66	5	have	have	AUX
cjfa-13875	66	6	shown	show	VERB
cjfa-13875	66	7	that	that	SCONJ
cjfa-13875	66	8	if	if	SCONJ
cjfa-13875	66	9	a	a	DET
cjfa-13875	66	10	market	market	NOUN
cjfa-13875	66	11	return	return	NOUN
cjfa-13875	66	12	is	be	AUX
cjfa-13875	66	13	taken	take	VERB
cjfa-13875	66	14	as	as	ADP
cjfa-13875	66	15	a	a	DET
cjfa-13875	66	16	benchmark	benchmark	NOUN
cjfa-13875	66	17	,	,	PUNCT
cjfa-13875	66	18	only	only	ADV
cjfa-13875	66	19	one	one	NUM
cjfa-13875	66	20	recommendation	recommendation	NOUN
cjfa-13875	66	21	would	would	AUX
cjfa-13875	66	22	be	be	AUX
cjfa-13875	66	23	effective	effective	ADJ
cjfa-13875	66	24	.	.	PUNCT
cjfa-13875	67	1	in	in	ADP
cjfa-13875	67	2	the	the	DET
cjfa-13875	67	3	cited	cite	VERB
cjfa-13875	67	4	study	study	NOUN
cjfa-13875	67	5	,	,	PUNCT
cjfa-13875	67	6	the	the	DET
cjfa-13875	67	7	effectiveness	effectiveness	NOUN
cjfa-13875	67	8	of	of	ADP
cjfa-13875	67	9	individual	individual	ADJ
cjfa-13875	67	10	brokerage	brokerage	NOUN
cjfa-13875	67	11	offices	office	NOUN
cjfa-13875	67	12	was	be	AUX
cjfa-13875	67	13	also	also	ADV
cjfa-13875	67	14	assessed	assess	VERB
cjfa-13875	67	15	.	.	PUNCT
cjfa-13875	68	1	kowalke	kowalke	ADJ
cjfa-13875	68	2	(	(	PUNCT
cjfa-13875	68	3	2012	2012	NUM
cjfa-13875	68	4	)	)	PUNCT
cjfa-13875	68	5	conducted	conduct	VERB
cjfa-13875	68	6	a	a	DET
cjfa-13875	68	7	study	study	NOUN
cjfa-13875	68	8	on	on	ADP
cjfa-13875	68	9	the	the	DET
cjfa-13875	68	10	suitability	suitability	NOUN
cjfa-13875	68	11	of	of	ADP
cjfa-13875	68	12	recommendations	recommendation	NOUN
cjfa-13875	68	13	aspect	aspect	VERB
cjfa-13875	68	14	related	relate	VERB
cjfa-13875	68	15	to	to	ADP
cjfa-13875	68	16	the	the	DET
cjfa-13875	68	17	publication	publication	NOUN
cjfa-13875	68	18	of	of	ADP
cjfa-13875	68	19	recommendations	recommendation	NOUN
cjfa-13875	68	20	,	,	PUNCT
cjfa-13875	68	21	namely	namely	ADV
cjfa-13875	68	22	the	the	DET
cjfa-13875	68	23	issue	issue	NOUN
cjfa-13875	68	24	of	of	ADP
cjfa-13875	68	25	relatively	relatively	ADV
cjfa-13875	68	26	high	high	ADJ
cjfa-13875	68	27	number	number	NOUN
cjfa-13875	68	28	of	of	ADP
cjfa-13875	68	29	“	"	PUNCT
cjfa-13875	68	30	buy	buy	VERB
cjfa-13875	68	31	”	"	PUNCT
cjfa-13875	68	32	recommendations	recommendation	NOUN
cjfa-13875	68	33	by	by	ADP
cjfa-13875	68	34	brokerage	brokerage	NOUN
cjfa-13875	68	35	offices	office	NOUN
cjfa-13875	68	36	during	during	ADP
cjfa-13875	68	37	the	the	DET
cjfa-13875	68	38	the	the	DET
cjfa-13875	68	39	downturn	downturn	NOUN
cjfa-13875	68	40	,	,	PUNCT
cjfa-13875	68	41	55	55	NUM
cjfa-13875	68	42	recommended	recommend	VERB
cjfa-13875	68	43	buying	buying	NOUN
cjfa-13875	68	44	shares	share	NOUN
cjfa-13875	68	45	,	,	PUNCT
cjfa-13875	68	46	while	while	SCONJ
cjfa-13875	68	47	only	only	ADV
cjfa-13875	68	48	15	15	NUM
cjfa-13875	68	49	sold	sell	VERB
cjfa-13875	68	50	them	they	PRON
cjfa-13875	68	51	.	.	PUNCT
cjfa-13875	69	1	the	the	DET
cjfa-13875	69	2	following	following	ADJ
cjfa-13875	69	3	months	month	NOUN
cjfa-13875	69	4	showed	show	VERB
cjfa-13875	69	5	that	that	SCONJ
cjfa-13875	69	6	most	most	ADJ
cjfa-13875	69	7	of	of	ADP
cjfa-13875	69	8	the	the	DET
cjfa-13875	69	9	buy	buy	ADJ
cjfa-13875	69	10	recommendations	recommendation	NOUN
cjfa-13875	69	11	were	be	AUX
cjfa-13875	69	12	wrong	wrong	ADJ
cjfa-13875	69	13	.	.	PUNCT
cjfa-13875	70	1	comprehensively	comprehensively	ADV
cjfa-13875	70	2	.	.	PUNCT
cjfa-13875	71	1	except	except	SCONJ
cjfa-13875	71	2	for	for	ADP
cjfa-13875	71	3	regulatory	regulatory	ADJ
cjfa-13875	71	4	matters	matter	NOUN
cjfa-13875	71	5	,	,	PUNCT
cjfa-13875	71	6	the	the	DET
cjfa-13875	71	7	author	author	NOUN
cjfa-13875	71	8	primarily	primarily	ADV
cjfa-13875	71	9	tried	try	VERB
cjfa-13875	71	10	to	to	PART
cjfa-13875	71	11	answer	answer	VERB
cjfa-13875	71	12	the	the	DET
cjfa-13875	71	13	question	question	NOUN
cjfa-13875	71	14	of	of	ADP
cjfa-13875	71	15	whether	whether	SCONJ
cjfa-13875	71	16	stock	stock	NOUN
cjfa-13875	71	17	exchange	exchange	NOUN
cjfa-13875	71	18	recommendations	recommendation	NOUN
cjfa-13875	71	19	might	might	AUX
cjfa-13875	71	20	add	add	VERB
cjfa-13875	71	21	value	value	NOUN
cjfa-13875	71	22	to	to	ADP
cjfa-13875	71	23	prospective	prospective	ADJ
cjfa-13875	71	24	investors	investor	NOUN
cjfa-13875	71	25	.	.	PUNCT
cjfa-13875	72	1	recommendations	recommendation	NOUN
cjfa-13875	72	2	issued	issue	VERB
cjfa-13875	72	3	for	for	ADP
cjfa-13875	72	4	shares	share	NOUN
cjfa-13875	72	5	of	of	ADP
cjfa-13875	72	6	5	5	NUM
cjfa-13875	72	7	biggest	big	ADJ
cjfa-13875	72	8	companies	company	NOUN
cjfa-13875	72	9	of	of	ADP
cjfa-13875	72	10	wig20	wig20	PROPN
cjfa-13875	72	11	index	index	NOUN
cjfa-13875	72	12	have	have	AUX
cjfa-13875	72	13	been	be	AUX
cjfa-13875	72	14	analysed	analyse	VERB
cjfa-13875	72	15	.	.	PUNCT
cjfa-13875	73	1	wig20	wig20	PROPN
cjfa-13875	73	2	index	index	NOUN
cjfa-13875	73	3	represents	represent	VERB
cjfa-13875	73	4	twenty	twenty	NUM
cjfa-13875	73	5	biggest	big	ADJ
cjfa-13875	73	6	and	and	CCONJ
cjfa-13875	73	7	most	most	ADJ
cjfa-13875	73	8	liqa	liqa	NOUN
cjfa-13875	73	9	price	price	NOUN
cjfa-13875	73	10	index	index	NOUN
cjfa-13875	73	11	,	,	PUNCT
cjfa-13875	73	12	which	which	PRON
cjfa-13875	73	13	means	mean	VERB
cjfa-13875	73	14	that	that	SCONJ
cjfa-13875	73	15	when	when	SCONJ
cjfa-13875	73	16	it	it	PRON
cjfa-13875	73	17	is	be	AUX
cjfa-13875	73	18	calculated	calculate	VERB
cjfa-13875	73	19	,	,	PUNCT
cjfa-13875	73	20	only	only	ADV
cjfa-13875	73	21	the	the	DET
cjfa-13875	73	22	prices	price	NOUN
cjfa-13875	73	23	of	of	ADP
cjfa-13875	73	24	the	the	DET
cjfa-13875	73	25	indexed	index	VERB
cjfa-13875	73	26	transactions	transaction	NOUN
cjfa-13875	73	27	are	be	AUX
cjfa-13875	73	28	taken	take	VERB
cjfa-13875	73	29	into	into	ADP
cjfa-13875	73	30	account	account	NOUN
cjfa-13875	73	31	,	,	PUNCT
cjfa-13875	73	32	and	and	CCONJ
cjfa-13875	73	33	dividend	dividend	NOUN
cjfa-13875	73	34	income	income	NOUN
cjfa-13875	73	35	is	be	AUX
cjfa-13875	73	36	not	not	PART
cjfa-13875	73	37	taken	take	VERB
cjfa-13875	73	38	into	into	ADP
cjfa-13875	73	39	consideration	consideration	NOUN
cjfa-13875	73	40	.	.	PUNCT
cjfa-13875	74	1	no	no	DET
cjfa-13875	74	2	more	more	ADJ
cjfa-13875	74	3	than	than	ADP
cjfa-13875	74	4	5	5	NUM
cjfa-13875	74	5	companies	company	NOUN
cjfa-13875	74	6	from	from	ADP
cjfa-13875	74	7	the	the	DET
cjfa-13875	74	8	same	same	ADJ
cjfa-13875	74	9	stock	stock	NOUN
cjfa-13875	74	10	market	market	NOUN
cjfa-13875	74	11	sector	sector	NOUN
cjfa-13875	74	12	can	can	AUX
cjfa-13875	74	13	participate	participate	VERB
cjfa-13875	74	14	in	in	ADP
cjfa-13875	74	15	wig20	wig20	PROPN
cjfa-13875	74	16	index	index	NOUN
cjfa-13875	74	17	.	.	PUNCT
cjfa-13875	75	1	person	person	NOUN
cjfa-13875	75	2	company	company	PROPN
cjfa-13875	75	3	of	of	ADP
cjfa-13875	75	4	state	state	PROPN
cjfa-13875	75	5	treasury	treasury	PROPN
cjfa-13875	75	6	.	.	PUNCT
cjfa-13875	76	1	kghm	kghm	PROPN
cjfa-13875	76	2	is	be	AUX
cjfa-13875	76	3	the	the	DET
cjfa-13875	76	4	sixth	sixth	ADJ
cjfa-13875	76	5	producer	producer	NOUN
cjfa-13875	76	6	of	of	ADP
cjfa-13875	76	7	electrolytic	electrolytic	ADJ
cjfa-13875	76	8	copper	copper	NOUN
cjfa-13875	76	9	and	and	CCONJ
cjfa-13875	76	10	second	second	ADJ
cjfa-13875	76	11	producer	producer	NOUN
cjfa-13875	76	12	of	of	ADP
cjfa-13875	76	13	silver	silver	NOUN
cjfa-13875	76	14	in	in	ADP
cjfa-13875	76	15	the	the	DET
cjfa-13875	76	16	world	world	NOUN
cjfa-13875	76	17	.	.	PUNCT
cjfa-13875	77	1	it	it	PRON
cjfa-13875	77	2	also	also	ADV
cjfa-13875	77	3	produces	produce	VERB
cjfa-13875	77	4	gold	gold	NOUN
cjfa-13875	77	5	,	,	PUNCT
cjfa-13875	77	6	lead	lead	NOUN
cjfa-13875	77	7	,	,	PUNCT
cjfa-13875	77	8	sulphuric	sulphuric	ADJ
cjfa-13875	77	9	acid	acid	NOUN
cjfa-13875	77	10	and	and	CCONJ
cjfa-13875	77	11	rock	rock	NOUN
cjfa-13875	77	12	salt	salt	NOUN
cjfa-13875	77	13	.	.	PUNCT
cjfa-13875	78	1	the	the	DET
cjfa-13875	78	2	company	company	NOUN
cjfa-13875	78	3	has	have	VERB
cjfa-13875	78	4	its	its	PRON
cjfa-13875	78	5	own	own	ADJ
cjfa-13875	78	6	ore	ore	NOUN
cjfa-13875	78	7	deposits	deposit	NOUN
cjfa-13875	78	8	and	and	CCONJ
cjfa-13875	78	9	its	its	PRON
cjfa-13875	78	10	own	own	ADJ
cjfa-13875	78	11	zbigniew	zbigniew	PROPN
cjfa-13875	78	12	drewniak	drewniak	X
cjfa-13875	78	13	integrated	integrate	VERB
cjfa-13875	78	14	production	production	NOUN
cjfa-13875	78	15	structure	structure	NOUN
cjfa-13875	78	16	with	with	ADP
cjfa-13875	78	17	full	full	ADJ
cjfa-13875	78	18	manufacturing	manufacturing	NOUN
cjfa-13875	78	19	process	process	NOUN
cjfa-13875	78	20	from	from	ADP
cjfa-13875	78	21	extracbiggest	extracbigg	ADJ
cjfa-13875	78	22	employer	employer	NOUN
cjfa-13875	78	23	in	in	ADP
cjfa-13875	78	24	lower	low	ADJ
cjfa-13875	78	25	silesia	silesia	PROPN
cjfa-13875	78	26	.	.	PUNCT
cjfa-13875	79	1	the	the	DET
cjfa-13875	79	2	capital	capital	NOUN
cjfa-13875	79	3	group	group	NOUN
cjfa-13875	79	4	comprises	comprise	VERB
cjfa-13875	79	5	of	of	ADP
cjfa-13875	79	6	,	,	PUNCT
cjfa-13875	79	7	apart	apart	ADV
cjfa-13875	79	8	from	from	ADP
cjfa-13875	79	9	figure	figure	NOUN
cjfa-13875	79	10	1	1	NUM
cjfa-13875	79	11	.	.	PUNCT
cjfa-13875	80	1	the	the	DET
cjfa-13875	80	2	share	share	NOUN
cjfa-13875	80	3	of	of	ADP
cjfa-13875	80	4	the	the	DET
cjfa-13875	80	5	biggest	big	ADJ
cjfa-13875	80	6	companies	company	NOUN
cjfa-13875	80	7	in	in	ADP
cjfa-13875	80	8	wig20	wig20	PROPN
cjfa-13875	80	9	index	index	NOUN
cjfa-13875	80	10	(	(	PUNCT
cjfa-13875	80	11	as	as	ADP
cjfa-13875	80	12	of	of	ADP
cjfa-13875	80	13	21st	21st	PROPN
cjfa-13875	80	14	april	april	PROPN
cjfa-13875	80	15	,	,	PUNCT
cjfa-13875	80	16	2016	2016	NUM
cjfa-13875	80	17	)	)	PUNCT
cjfa-13875	80	18	pkn	pkn	PROPN
cjfa-13875	80	19	;	;	PUNCT
cjfa-13875	80	20	13.00	13.00	NUM
cjfa-13875	80	21	%	%	NOUN
cjfa-13875	80	22	pko	pko	PROPN
cjfa-13875	80	23	bp	bp	PROPN
cjfa-13875	80	24	;	;	PUNCT
cjfa-13875	80	25	12.66	12.66	NUM
cjfa-13875	80	26	%	%	NOUN
cjfa-13875	80	27	pekao	pekao	NOUN
cjfa-13875	80	28	;	;	PUNCT
cjfa-13875	80	29	12.16	12.16	NUM
cjfa-13875	80	30	%	%	NOUN
cjfa-13875	80	31	pzu	pzu	NOUN
cjfa-13875	80	32	;	;	PUNCT
cjfa-13875	80	33	11.51	11.51	NUM
cjfa-13875	80	34	%	%	NOUN
cjfa-13875	80	35	kghm	kghm	NOUN
cjfa-13875	80	36	;	;	PUNCT
cjfa-13875	80	37	6.00	6.00	NUM
cjfa-13875	80	38	%	%	NOUN
cjfa-13875	80	39	others	other	NOUN
cjfa-13875	80	40	;	;	PUNCT
cjfa-13875	80	41	44.67	44.67	NUM
cjfa-13875	80	42	%	%	NOUN
cjfa-13875	80	43	such	such	ADJ
cjfa-13875	80	44	products	product	NOUN
cjfa-13875	80	45	as	as	ADP
cjfa-13875	80	46	:	:	PUNCT
cjfa-13875	80	47	unleaded	unleaded	ADJ
cjfa-13875	80	48	petrol	petrol	NOUN
cjfa-13875	80	49	,	,	PUNCT
cjfa-13875	80	50	diesel	diesel	NOUN
cjfa-13875	80	51	oil	oil	NOUN
cjfa-13875	80	52	,	,	PUNCT
cjfa-13875	80	53	fuel	fuel	NOUN
cjfa-13875	80	54	oil	oil	NOUN
cjfa-13875	80	55	,	,	PUNCT
cjfa-13875	80	56	jet	jet	NOUN
cjfa-13875	80	57	fuel	fuel	NOUN
cjfa-13875	80	58	,	,	PUNCT
cjfa-13875	80	59	also	also	ADV
cjfa-13875	80	60	plastics	plastic	NOUN
cjfa-13875	80	61	and	and	CCONJ
cjfa-13875	80	62	czech	czech	PROPN
cjfa-13875	80	63	republic	republic	NOUN
cjfa-13875	80	64	and	and	CCONJ
cjfa-13875	80	65	lithuania	lithuania	PROPN
cjfa-13875	80	66	.	.	PUNCT
cjfa-13875	81	1	the	the	DET
cjfa-13875	81	2	total	total	ADJ
cjfa-13875	81	3	processing	processing	NOUN
cjfa-13875	81	4	capacity	capacity	NOUN
cjfa-13875	81	5	of	of	ADP
cjfa-13875	81	6	orlen	orlen	ADJ
cjfa-13875	81	7	amounts	amount	NOUN
cjfa-13875	81	8	the	the	DET
cjfa-13875	81	9	company	company	NOUN
cjfa-13875	81	10	is	be	AUX
cjfa-13875	81	11	the	the	DET
cjfa-13875	81	12	owner	owner	NOUN
cjfa-13875	81	13	of	of	ADP
cjfa-13875	81	14	the	the	DET
cjfa-13875	81	15	biggest	big	ADJ
cjfa-13875	81	16	in	in	ADP
cjfa-13875	81	17	central	central	PROPN
cjfa-13875	81	18	europe	europe	PROPN
cjfa-13875	81	19	network	network	NOUN
cjfa-13875	81	20	of	of	ADP
cjfa-13875	81	21	petrol	petrol	NOUN
cjfa-13875	81	22	engages	engage	VERB
cjfa-13875	81	23	in	in	ADP
cjfa-13875	81	24	offshore	offshore	ADJ
cjfa-13875	81	25	and	and	CCONJ
cjfa-13875	81	26	onshore	onshore	NOUN
cjfa-13875	81	27	exploration	exploration	NOUN
cjfa-13875	81	28	for	for	ADP
cjfa-13875	81	29	oil	oil	NOUN
cjfa-13875	81	30	and	and	CCONJ
cjfa-13875	81	31	natural	natural	ADJ
cjfa-13875	81	32	gas	gas	NOUN
cjfa-13875	81	33	throughout	throughout	ADP
cjfa-13875	81	34	the	the	DET
cjfa-13875	81	35	country	country	NOUN
cjfa-13875	81	36	.	.	PUNCT
cjfa-13875	82	1	one	one	NUM
cjfa-13875	82	2	of	of	ADP
cjfa-13875	82	3	the	the	DET
cjfa-13875	82	4	priorities	priority	NOUN
cjfa-13875	82	5	of	of	ADP
cjfa-13875	82	6	the	the	DET
cjfa-13875	82	7	company	company	NOUN
cjfa-13875	82	8	is	be	AUX
cjfa-13875	82	9	prospection	prospection	NOUN
cjfa-13875	82	10	and	and	CCONJ
cjfa-13875	82	11	exploitransforming	exploitransforme	VERB
cjfa-13875	82	12	the	the	DET
cjfa-13875	82	13	company	company	NOUN
cjfa-13875	82	14	into	into	ADP
cjfa-13875	82	15	a	a	DET
cjfa-13875	82	16	multi	multi	ADJ
cjfa-13875	82	17	-	-	ADJ
cjfa-13875	82	18	utility	utility	ADJ
cjfa-13875	82	19	company	company	NOUN
cjfa-13875	82	20	involved	involve	VERB
cjfa-13875	82	21	into	into	ADP
cjfa-13875	82	22	the	the	DET
cjfa-13875	82	23	eneran	eneran	NOUN
cjfa-13875	82	24	analysis	analysis	NOUN
cjfa-13875	82	25	of	of	ADP
cjfa-13875	82	26	brokerage	brokerage	NOUN
cjfa-13875	82	27	recommendations	recommendation	NOUN
cjfa-13875	82	28	…	…	PUNCT
cjfa-13875	82	29	ket	ket	NOUN
cjfa-13875	82	30	capitalization	capitalization	NOUN
cjfa-13875	82	31	and	and	CCONJ
cjfa-13875	82	32	second	second	ADV
cjfa-13875	82	33	largest	large	ADJ
cjfa-13875	82	34	bank	bank	NOUN
cjfa-13875	82	35	in	in	ADP
cjfa-13875	82	36	terms	term	NOUN
cjfa-13875	82	37	of	of	ADP
cjfa-13875	82	38	asset	asset	NOUN
cjfa-13875	82	39	value	value	NOUN
cjfa-13875	82	40	.	.	PUNCT
cjfa-13875	83	1	it	it	PRON
cjfa-13875	83	2	is	be	AUX
cjfa-13875	83	3	a	a	DET
cjfa-13875	83	4	memcorporations	memcorporation	NOUN
cjfa-13875	83	5	.	.	PUNCT
cjfa-13875	84	1	the	the	DET
cjfa-13875	84	2	bank	bank	NOUN
cjfa-13875	84	3	renders	render	VERB
cjfa-13875	84	4	services	service	NOUN
cjfa-13875	84	5	to	to	ADP
cjfa-13875	84	6	about	about	ADV
cjfa-13875	84	7	5	5	NUM
cjfa-13875	84	8	million	million	NUM
cjfa-13875	84	9	clients	client	NOUN
cjfa-13875	84	10	,	,	PUNCT
cjfa-13875	84	11	including	include	VERB
cjfa-13875	84	12	over	over	ADP
cjfa-13875	84	13	250,000	250,000	NUM
cjfa-13875	84	14	small	small	ADJ
cjfa-13875	84	15	and	and	CCONJ
cjfa-13875	84	16	middle	middle	ADJ
cjfa-13875	84	17	-	-	PUNCT
cjfa-13875	84	18	sized	sized	ADJ
cjfa-13875	84	19	enterprises	enterprise	NOUN
cjfa-13875	84	20	and	and	CCONJ
cjfa-13875	84	21	over	over	ADP
cjfa-13875	84	22	15,000	15,000	NUM
cjfa-13875	84	23	big	big	ADJ
cjfa-13875	84	24	companies	company	NOUN
cjfa-13875	84	25	.	.	PUNCT
cjfa-13875	85	1	the	the	DET
cjfa-13875	85	2	capital	capital	NOUN
cjfa-13875	85	3	group	group	NOUN
cjfa-13875	85	4	comprises	comprise	VERB
cjfa-13875	85	5	of	of	ADP
cjfa-13875	85	6	,	,	PUNCT
cjfa-13875	85	7	apart	apart	ADV
cjfa-13875	85	8	from	from	ADP
cjfa-13875	85	9	the	the	DET
cjfa-13875	85	10	bank	bank	NOUN
cjfa-13875	85	11	,	,	PUNCT
cjfa-13875	85	12	an	an	DET
cjfa-13875	85	13	investment	investment	NOUN
cjfa-13875	85	14	fund	fund	NOUN
cjfa-13875	85	15	company	company	NOUN
cjfa-13875	85	16	,	,	PUNCT
cjfa-13875	85	17	a	a	DET
cjfa-13875	85	18	pension	pension	NOUN
cjfa-13875	85	19	fund	fund	NOUN
cjfa-13875	85	20	,	,	PUNCT
cjfa-13875	85	21	two	two	NUM
cjfa-13875	85	22	brokerage	brokerage	NOUN
cjfa-13875	85	23	houses	house	NOUN
cjfa-13875	85	24	and	and	CCONJ
cjfa-13875	85	25	companies	company	NOUN
cjfa-13875	85	26	involved	involve	VERB
cjfa-13875	85	27	in	in	ADP
cjfa-13875	85	28	leasing	leasing	NOUN
cjfa-13875	85	29	and	and	CCONJ
cjfa-13875	85	30	factoring	factoring	NOUN
cjfa-13875	85	31	.	.	PUNCT
cjfa-13875	86	1	the	the	DET
cjfa-13875	86	2	leader	leader	NOUN
cjfa-13875	86	3	in	in	ADP
cjfa-13875	86	4	terms	term	NOUN
cjfa-13875	86	5	of	of	ADP
cjfa-13875	86	6	asset	asset	NOUN
cjfa-13875	86	7	value	value	NOUN
cjfa-13875	86	8	,	,	PUNCT
cjfa-13875	86	9	volume	volume	NOUN
cjfa-13875	86	10	of	of	ADP
cjfa-13875	86	11	deposits	deposit	NOUN
cjfa-13875	86	12	,	,	PUNCT
cjfa-13875	86	13	loans	loan	NOUN
cjfa-13875	86	14	,	,	PUNCT
cjfa-13875	86	15	the	the	DET
cjfa-13875	86	16	number	number	NOUN
cjfa-13875	86	17	of	of	ADP
cjfa-13875	86	18	peralmost	peralmost	NOUN
cjfa-13875	86	19	1,200	1,200	NUM
cjfa-13875	86	20	branches	branch	NOUN
cjfa-13875	86	21	and	and	CCONJ
cjfa-13875	86	22	1,200	1,200	NUM
cjfa-13875	86	23	agencies	agency	NOUN
cjfa-13875	86	24	.	.	PUNCT
cjfa-13875	87	1	it	it	PRON
cjfa-13875	87	2	offers	offer	VERB
cjfa-13875	87	3	its	its	PRON
cjfa-13875	87	4	services	service	NOUN
cjfa-13875	87	5	mainly	mainly	ADV
cjfa-13875	87	6	to	to	ADP
cjfa-13875	87	7	retail	retail	ADJ
cjfa-13875	87	8	clients	client	NOUN
cjfa-13875	87	9	,	,	PUNCT
cjfa-13875	87	10	but	but	CCONJ
cjfa-13875	87	11	it	it	PRON
cjfa-13875	87	12	is	be	AUX
cjfa-13875	87	13	also	also	ADV
cjfa-13875	87	14	an	an	DET
cjfa-13875	87	15	important	important	ADJ
cjfa-13875	87	16	partner	partner	NOUN
cjfa-13875	87	17	for	for	ADP
cjfa-13875	87	18	small	small	ADJ
cjfa-13875	87	19	and	and	CCONJ
cjfa-13875	87	20	middle	middle	ADJ
cjfa-13875	87	21	-	-	PUNCT
cjfa-13875	87	22	sized	sized	ADJ
cjfa-13875	87	23	enterprises	enterprise	NOUN
cjfa-13875	87	24	as	as	ADV
cjfa-13875	87	25	well	well	ADV
cjfa-13875	87	26	as	as	ADP
cjfa-13875	87	27	big	big	ADJ
cjfa-13875	87	28	corporations	corporation	NOUN
cjfa-13875	87	29	.	.	PUNCT
cjfa-13875	88	1	the	the	DET
cjfa-13875	88	2	capital	capital	NOUN
cjfa-13875	88	3	group	group	NOUN
cjfa-13875	88	4	includes	include	VERB
cjfa-13875	88	5	more	more	ADJ
cjfa-13875	88	6	than	than	ADP
cjfa-13875	88	7	ten	ten	NUM
cjfa-13875	88	8	companies	company	NOUN
cjfa-13875	88	9	specialising	specialise	VERB
cjfa-13875	88	10	in	in	ADP
cjfa-13875	88	11	individual	individual	ADJ
cjfa-13875	88	12	banking	banking	NOUN
cjfa-13875	88	13	and	and	CCONJ
cjfa-13875	88	14	finance	finance	NOUN
cjfa-13875	88	15	sectors	sector	NOUN
cjfa-13875	88	16	,	,	PUNCT
cjfa-13875	88	17	including	include	VERB
cjfa-13875	88	18	most	most	ADJ
cjfa-13875	88	19	of	of	ADP
cjfa-13875	88	20	all	all	PRON
cjfa-13875	88	21	selling	sell	VERB
cjfa-13875	88	22	financial	financial	ADJ
cjfa-13875	88	23	products	product	NOUN
cjfa-13875	88	24	(	(	PUNCT
cjfa-13875	88	25	pension	pension	NOUN
cjfa-13875	88	26	funds	fund	NOUN
cjfa-13875	88	27	)	)	PUNCT
cjfa-13875	88	28	,	,	PUNCT
cjfa-13875	88	29	leasing	leasing	NOUN
cjfa-13875	88	30	products	product	NOUN
cjfa-13875	88	31	,	,	PUNCT
cjfa-13875	88	32	investment	investment	NOUN
cjfa-13875	88	33	fund	fund	NOUN
cjfa-13875	88	34	units	unit	NOUN
cjfa-13875	88	35	or	or	CCONJ
cjfa-13875	88	36	electronic	electronic	ADJ
cjfa-13875	88	37	payment	payment	NOUN
cjfa-13875	88	38	services	service	NOUN
cjfa-13875	88	39	.	.	PUNCT
cjfa-13875	89	1	the	the	DET
cjfa-13875	89	2	company	company	NOUN
cjfa-13875	89	3	’s	’s	PART
cjfa-13875	89	4	strategy	strategy	NOUN
cjfa-13875	89	5	foresees	foresee	VERB
cjfa-13875	89	6	further	further	ADJ
cjfa-13875	89	7	development	development	NOUN
cjfa-13875	89	8	of	of	ADP
cjfa-13875	89	9	the	the	DET
cjfa-13875	89	10	group	group	NOUN
cjfa-13875	89	11	through	through	ADP
cjfa-13875	89	12	strategic	strategic	ADJ
cjfa-13875	89	13	alliances	alliance	NOUN
cjfa-13875	89	14	and	and	CCONJ
cjfa-13875	89	15	acquisitions	acquisition	NOUN
cjfa-13875	89	16	.	.	PUNCT
cjfa-13875	90	1	the	the	DET
cjfa-13875	90	2	data	datum	NOUN
cjfa-13875	90	3	for	for	ADP
cjfa-13875	90	4	the	the	DET
cjfa-13875	90	5	analysis	analysis	NOUN
cjfa-13875	90	6	were	be	AUX
cjfa-13875	90	7	taken	take	VERB
cjfa-13875	90	8	from	from	ADP
cjfa-13875	90	9	market	market	NOUN
cjfa-13875	90	10	data	datum	NOUN
cjfa-13875	90	11	services	service	NOUN
cjfa-13875	90	12	.	.	PUNCT
cjfa-13875	91	1	the	the	DET
cjfa-13875	91	2	analysis	analysis	NOUN
cjfa-13875	91	3	took	take	VERB
cjfa-13875	91	4	into	into	ADP
cjfa-13875	91	5	account	account	NOUN
cjfa-13875	91	6	recommendations	recommendation	NOUN
cjfa-13875	91	7	issued	issue	VERB
cjfa-13875	91	8	by	by	ADP
cjfa-13875	91	9	banks	bank	NOUN
cjfa-13875	91	10	,	,	PUNCT
cjfa-13875	91	11	brokerage	brokerage	NOUN
cjfa-13875	91	12	houses	house	NOUN
cjfa-13875	91	13	and	and	CCONJ
cjfa-13875	91	14	1	1	NUM
cjfa-13875	91	15	.	.	PUNCT
cjfa-13875	92	1	the	the	DET
cjfa-13875	92	2	analysis	analysis	NOUN
cjfa-13875	92	3	took	take	VERB
cjfa-13875	92	4	into	into	ADP
cjfa-13875	92	5	account	account	NOUN
cjfa-13875	92	6	the	the	DET
cjfa-13875	92	7	recommendations	recommendation	NOUN
cjfa-13875	92	8	that	that	PRON
cjfa-13875	92	9	included	include	VERB
cjfa-13875	92	10	at	at	ADP
cjfa-13875	92	11	least	least	ADJ
cjfa-13875	92	12	:	:	PUNCT
cjfa-13875	92	13	the	the	DET
cjfa-13875	92	14	name	name	NOUN
cjfa-13875	92	15	of	of	ADP
cjfa-13875	92	16	an	an	DET
cjfa-13875	92	17	instrument	instrument	NOUN
cjfa-13875	92	18	(	(	PUNCT
cjfa-13875	92	19	a	a	DET
cjfa-13875	92	20	company	company	NOUN
cjfa-13875	92	21	)	)	PUNCT
cjfa-13875	92	22	,	,	PUNCT
cjfa-13875	92	23	the	the	DET
cjfa-13875	92	24	name	name	NOUN
cjfa-13875	92	25	of	of	ADP
cjfa-13875	92	26	the	the	DET
cjfa-13875	92	27	issuer	issuer	NOUN
cjfa-13875	92	28	of	of	ADP
cjfa-13875	92	29	a	a	DET
cjfa-13875	92	30	recommendation	recommendation	NOUN
cjfa-13875	92	31	,	,	PUNCT
cjfa-13875	92	32	the	the	DET
cjfa-13875	92	33	date	date	NOUN
cjfa-13875	92	34	if	if	SCONJ
cjfa-13875	92	35	its	its	PRON
cjfa-13875	92	36	issuance	issuance	NOUN
cjfa-13875	92	37	,	,	PUNCT
cjfa-13875	92	38	the	the	DET
cjfa-13875	92	39	price	price	NOUN
cjfa-13875	92	40	after	after	ADP
cjfa-13875	92	41	issuance	issuance	NOUN
cjfa-13875	92	42	(	(	PUNCT
cjfa-13875	92	43	reference	reference	NOUN
cjfa-13875	92	44	price	price	NOUN
cjfa-13875	92	45	)	)	PUNCT
cjfa-13875	92	46	,	,	PUNCT
cjfa-13875	92	47	the	the	DET
cjfa-13875	92	48	target	target	NOUN
cjfa-13875	92	49	price	price	NOUN
cjfa-13875	92	50	and	and	CCONJ
cjfa-13875	92	51	the	the	DET
cjfa-13875	92	52	type	type	NOUN
cjfa-13875	92	53	of	of	ADP
cjfa-13875	92	54	recommendation	recommendation	NOUN
cjfa-13875	92	55	.	.	PUNCT
cjfa-13875	93	1	1	1	NUM
cjfa-13875	93	2	lyse	lyse	NOUN
cjfa-13875	93	3	the	the	DET
cjfa-13875	93	4	rate	rate	NOUN
cjfa-13875	93	5	of	of	ADP
cjfa-13875	93	6	return	return	NOUN
cjfa-13875	93	7	of	of	ADP
cjfa-13875	93	8	unrealized	unrealized	ADJ
cjfa-13875	93	9	recommendations	recommendation	NOUN
cjfa-13875	93	10	a	a	DET
cjfa-13875	93	11	year	year	NOUN
cjfa-13875	93	12	after	after	ADP
cjfa-13875	93	13	their	their	PRON
cjfa-13875	93	14	issuance	issuance	NOUN
cjfa-13875	93	15	,	,	PUNCT
cjfa-13875	93	16	that	that	PRON
cjfa-13875	93	17	is	be	AUX
cjfa-13875	93	18	by	by	ADP
cjfa-13875	93	19	the	the	DET
cjfa-13875	93	20	end	end	NOUN
cjfa-13875	93	21	of	of	ADP
cjfa-13875	93	22	april	april	PROPN
cjfa-13875	93	23	2016	2016	NUM
cjfa-13875	93	24	.	.	PUNCT
cjfa-13875	94	1	zbigniew	zbigniew	PROPN
cjfa-13875	94	2	drewniak	drewniak	PROPN
cjfa-13875	94	3	figure	figure	NOUN
cjfa-13875	94	4	2	2	NUM
cjfa-13875	94	5	.	.	PUNCT
cjfa-13875	95	1	the	the	DET
cjfa-13875	95	2	number	number	NOUN
cjfa-13875	95	3	of	of	ADP
cjfa-13875	95	4	recommendations	recommendation	NOUN
cjfa-13875	95	5	made	make	VERB
cjfa-13875	95	6	for	for	ADP
cjfa-13875	95	7	5	5	NUM
cjfa-13875	95	8	biggest	big	ADJ
cjfa-13875	95	9	companies	company	NOUN
cjfa-13875	95	10	145	145	NUM
cjfa-13875	95	11	125	125	NUM
cjfa-13875	95	12	121	121	NUM
cjfa-13875	95	13	118	118	NUM
cjfa-13875	95	14	89	89	NUM
cjfa-13875	95	15	0	0	NUM
cjfa-13875	95	16	20	20	NUM
cjfa-13875	95	17	40	40	NUM
cjfa-13875	95	18	60	60	NUM
cjfa-13875	95	19	80	80	NUM
cjfa-13875	95	20	100	100	NUM
cjfa-13875	95	21	120	120	NUM
cjfa-13875	95	22	140	140	NUM
cjfa-13875	95	23	160	160	NUM
cjfa-13875	95	24	kghm	kghm	PROPN
cjfa-13875	95	25	pko	pko	PROPN
cjfa-13875	95	26	bp	bp	PROPN
cjfa-13875	95	27	pekao	pekao	PROPN
cjfa-13875	95	28	pkn	pkn	PROPN
cjfa-13875	95	29	pzu	pzu	PROPN
cjfa-13875	95	30	s	s	PROPN
cjfa-13875	95	31	o	o	NOUN
cjfa-13875	95	32	u	u	NOUN
cjfa-13875	95	33	r	r	NOUN
cjfa-13875	95	34	c	c	NOUN
cjfa-13875	95	35	e	e	NOUN
cjfa-13875	95	36	:	:	PUNCT
cjfa-13875	95	37	own	own	ADJ
cjfa-13875	95	38	study	study	NOUN
cjfa-13875	95	39	based	base	VERB
cjfa-13875	95	40	on	on	ADP
cjfa-13875	95	41	stockwatch.pl	stockwatch.pl	PRON
cjfa-13875	95	42	and	and	CCONJ
cjfa-13875	95	43	money.pl	money.pl	X
cjfa-13875	95	44	.	.	PUNCT
cjfa-13875	96	1	the	the	DET
cjfa-13875	96	2	total	total	ADJ
cjfa-13875	96	3	number	number	NOUN
cjfa-13875	96	4	of	of	ADP
cjfa-13875	96	5	the	the	DET
cjfa-13875	96	6	analysed	analyse	VERB
cjfa-13875	96	7	recommendations	recommendation	NOUN
cjfa-13875	96	8	in	in	ADP
cjfa-13875	96	9	that	that	DET
cjfa-13875	96	10	period	period	NOUN
cjfa-13875	96	11	amounted	amount	VERB
cjfa-13875	96	12	to	to	ADP
cjfa-13875	96	13	banks	bank	NOUN
cjfa-13875	96	14	and	and	CCONJ
cjfa-13875	96	15	brokerage	brokerage	NOUN
cjfa-13875	96	16	houses	house	NOUN
cjfa-13875	96	17	and	and	CCONJ
cjfa-13875	96	18	offices	office	NOUN
cjfa-13875	96	19	among	among	ADP
cjfa-13875	96	20	them	they	PRON
cjfa-13875	96	21	.	.	PUNCT
cjfa-13875	97	1	the	the	DET
cjfa-13875	97	2	biggest	big	ADJ
cjfa-13875	97	3	banks	bank	NOUN
cjfa-13875	97	4	and	and	CCONJ
cjfa-13875	97	5	brokerage	brokerage	NOUN
cjfa-13875	97	6	houses	house	NOUN
cjfa-13875	97	7	such	such	ADJ
cjfa-13875	97	8	as	as	ADP
cjfa-13875	97	9	credit	credit	NOUN
cjfa-13875	97	10	suisse	suisse	NOUN
cjfa-13875	97	11	,	,	PUNCT
cjfa-13875	97	12	dm	dm	PROPN
cjfa-13875	97	13	m	m	PROPN
cjfa-13875	97	14	bank	bank	NOUN
cjfa-13875	97	15	,	,	PUNCT
cjfa-13875	97	16	wbk	wbk	VERB
cjfa-13875	97	17	dm	dm	NOUN
cjfa-13875	97	18	and	and	CCONJ
cjfa-13875	97	19	wood	wood	NOUN
cjfa-13875	97	20	company	company	NOUN
cjfa-13875	97	21	prevailed	prevail	VERB
cjfa-13875	97	22	among	among	ADP
cjfa-13875	97	23	the	the	DET
cjfa-13875	97	24	recommending	recommend	VERB
cjfa-13875	97	25	institutions	institution	NOUN
cjfa-13875	97	26	taking	take	VERB
cjfa-13875	97	27	into	into	ADP
cjfa-13875	97	28	account	account	NOUN
cjfa-13875	97	29	neutral	neutral	ADJ
cjfa-13875	97	30	recommendations	recommendation	NOUN
cjfa-13875	97	31	and	and	CCONJ
cjfa-13875	97	32	the	the	DET
cjfa-13875	97	33	target	target	NOUN
cjfa-13875	97	34	price	price	NOUN
cjfa-13875	97	35	and	and	CCONJ
cjfa-13875	97	36	its	its	PRON
cjfa-13875	97	37	relation	relation	NOUN
cjfa-13875	97	38	to	to	ADP
cjfa-13875	97	39	the	the	DET
cjfa-13875	97	40	price	price	NOUN
cjfa-13875	97	41	on	on	ADP
cjfa-13875	97	42	the	the	DET
cjfa-13875	97	43	day	day	NOUN
cjfa-13875	97	44	of	of	ADP
cjfa-13875	97	45	issuance	issuance	NOUN
cjfa-13875	97	46	,	,	PUNCT
cjfa-13875	97	47	in	in	ADP
cjfa-13875	97	48	the	the	DET
cjfa-13875	97	49	case	case	NOUN
cjfa-13875	97	50	of	of	ADP
cjfa-13875	97	51	all	all	DET
cjfa-13875	97	52	the	the	DET
cjfa-13875	97	53	analysed	analyse	VERB
cjfa-13875	97	54	companies	company	NOUN
cjfa-13875	97	55	,	,	PUNCT
cjfa-13875	97	56	recommendations	recommendation	NOUN
cjfa-13875	97	57	forecasting	forecasting	NOUN
cjfa-13875	97	58	increase	increase	NOUN
cjfa-13875	97	59	in	in	ADP
cjfa-13875	97	60	the	the	DET
cjfa-13875	97	61	price	price	NOUN
cjfa-13875	97	62	clearly	clearly	ADV
cjfa-13875	97	63	dominated	dominate	VERB
cjfa-13875	97	64	domination	domination	NOUN
cjfa-13875	97	65	of	of	ADP
cjfa-13875	97	66	growth	growth	NOUN
cjfa-13875	97	67	-	-	PUNCT
cjfa-13875	97	68	promoting	promote	VERB
cjfa-13875	97	69	recommendations	recommendation	NOUN
cjfa-13875	97	70	.	.	PUNCT
cjfa-13875	98	1	an	an	DET
cjfa-13875	98	2	analysis	analysis	NOUN
cjfa-13875	98	3	of	of	ADP
cjfa-13875	98	4	brokerage	brokerage	NOUN
cjfa-13875	98	5	recommendations	recommendation	NOUN
cjfa-13875	98	6	…	…	PUNCT
cjfa-13875	98	7	figure	figure	NOUN
cjfa-13875	98	8	3	3	NUM
cjfa-13875	98	9	.	.	PUNCT
cjfa-13875	99	1	the	the	DET
cjfa-13875	99	2	number	number	NOUN
cjfa-13875	99	3	of	of	ADP
cjfa-13875	99	4	recommendations	recommendation	NOUN
cjfa-13875	99	5	by	by	ADP
cjfa-13875	99	6	the	the	DET
cjfa-13875	99	7	issuing	issue	VERB
cjfa-13875	99	8	institutions	institution	NOUN
cjfa-13875	99	9	1	1	NUM
cjfa-13875	99	10	1	1	NUM
cjfa-13875	99	11	1	1	NUM
cjfa-13875	99	12	2	2	NUM
cjfa-13875	99	13	2	2	NUM
cjfa-13875	99	14	2	2	NUM
cjfa-13875	99	15	2	2	NUM
cjfa-13875	99	16	2	2	NUM
cjfa-13875	99	17	3	3	NUM
cjfa-13875	99	18	3	3	NUM
cjfa-13875	99	19	4	4	NUM
cjfa-13875	99	20	4	4	NUM
cjfa-13875	99	21	4	4	NUM
cjfa-13875	99	22	6	6	NUM
cjfa-13875	99	23	6	6	NUM
cjfa-13875	99	24	7	7	NUM
cjfa-13875	99	25	9	9	NUM
cjfa-13875	99	26	10	10	NUM
cjfa-13875	99	27	11	11	NUM
cjfa-13875	99	28	11	11	NUM
cjfa-13875	99	29	12	12	NUM
cjfa-13875	99	30	13	13	NUM
cjfa-13875	99	31	13	13	NUM
cjfa-13875	99	32	14	14	NUM
cjfa-13875	99	33	17	17	NUM
cjfa-13875	99	34	18	18	NUM
cjfa-13875	99	35	20	20	NUM
cjfa-13875	99	36	22	22	NUM
cjfa-13875	99	37	23	23	NUM
cjfa-13875	99	38	24	24	NUM
cjfa-13875	99	39	24	24	NUM
cjfa-13875	99	40	25	25	NUM
cjfa-13875	99	41	26	26	NUM
cjfa-13875	99	42	27	27	NUM
cjfa-13875	99	43	28	28	NUM
cjfa-13875	99	44	36	36	NUM
cjfa-13875	99	45	39	39	NUM
cjfa-13875	99	46	39	39	NUM
cjfa-13875	99	47	43	43	NUM
cjfa-13875	99	48	44	44	NUM
cjfa-13875	99	49	0	0	NUM
cjfa-13875	99	50	10	10	NUM
cjfa-13875	99	51	20	20	NUM
cjfa-13875	99	52	30	30	NUM
cjfa-13875	99	53	40	40	NUM
cjfa-13875	99	54	50	50	NUM
cjfa-13875	99	55	abn	abn	NOUN
cjfa-13875	99	56	amro	amro	NOUN
cjfa-13875	99	57	securities	security	NOUN
cjfa-13875	99	58	capital	capital	NOUN
cjfa-13875	99	59	partners	partner	NOUN
cjfa-13875	99	60	dm	dm	PROPN
cjfa-13875	99	61	raiffeisen	raiffeisen	PROPN
cjfa-13875	99	62	dm	dm	PROPN
cjfa-13875	99	63	ipopema	ipopema	NOUN
cjfa-13875	99	64	securities	security	NOUN
cjfa-13875	99	65	mercurius	mercurius	NOUN
cjfa-13875	99	66	dm	dm	PROPN
cjfa-13875	99	67	merrill	merrill	PROPN
cjfa-13875	99	68	lynch	lynch	PROPN
cjfa-13875	99	69	noble	noble	PROPN
cjfa-13875	99	70	securities	securities	PROPN
cjfa-13875	99	71	nomura	nomura	PROPN
cjfa-13875	99	72	bank	bank	PROPN
cjfa-13875	99	73	of	of	ADP
cjfa-13875	99	74	america	america	PROPN
cjfa-13875	99	75	concorde	concorde	PROPN
cjfa-13875	99	76	bo	bo	PROPN
cjfa-13875	100	1	dm	dm	PROPN
cjfa-13875	100	2	bps	bps	NOUN
cjfa-13875	100	3	dm	dm	PROPN
cjfa-13875	100	4	renaissance	renaissance	PROPN
cjfa-13875	100	5	exane	exane	PROPN
cjfa-13875	100	6	morgan	morgan	PROPN
cjfa-13875	100	7	stanley	stanley	PROPN
cjfa-13875	100	8	ipopema	ipopema	PROPN
cjfa-13875	100	9	trigon	trigon	PROPN
cjfa-13875	100	10	dm	dm	PROPN
cjfa-13875	100	11	bdm	bdm	PROPN
cjfa-13875	100	12	citigroup	citigroup	PROPN
cjfa-13875	100	13	hsbc	hsbc	PROPN
cjfa-13875	100	14	securities	security	NOUN
cjfa-13875	100	15	barclays	barclay	NOUN
cjfa-13875	100	16	investors	investor	NOUN
cjfa-13875	100	17	di	di	PROPN
cjfa-13875	100	18	unicredit	unicredit	PROPN
cjfa-13875	100	19	ca	ca	NOUN
cjfa-13875	100	20	ib	ib	PROPN
cjfa-13875	100	21	besi	besi	PROPN
cjfa-13875	100	22	kbc	kbc	PROPN
cjfa-13875	100	23	securities	securities	PROPN
cjfa-13875	100	24	erste	erste	PROPN
cjfa-13875	100	25	securities	securities	PROPN
cjfa-13875	100	26	di	di	X
cjfa-13875	100	27	ing	ing	PROPN
cjfa-13875	100	28	securities	security	NOUN
cjfa-13875	100	29	ubs	ubs	PROPN
cjfa-13875	100	30	raiffeisen	raiffeisen	PROPN
cjfa-13875	100	31	db	db	PROPN
cjfa-13875	100	32	securities	security	NOUN
cjfa-13875	100	33	dm	dm	PROPN
cjfa-13875	100	34	jp	jp	PROPN
cjfa-13875	100	35	morgan	morgan	PROPN
cjfa-13875	100	36	bz	bz	PROPN
cjfa-13875	100	37	wbk	wbk	VERB
cjfa-13875	100	38	dm	dm	NOUN
cjfa-13875	100	39	wood	wood	NOUN
cjfa-13875	100	40	company	company	NOUN
cjfa-13875	100	41	societe	societe	PROPN
cjfa-13875	100	42	general	general	PROPN
cjfa-13875	100	43	pko	pko	PROPN
cjfa-13875	100	44	bp	bp	PROPN
cjfa-13875	100	45	dm	dm	PROPN
cjfa-13875	100	46	millennium	millennium	PROPN
cjfa-13875	100	47	dm	dm	PROPN
cjfa-13875	100	48	dm	dm	PROPN
cjfa-13875	100	49	mbanku	mbanku	ADJ
cjfa-13875	100	50	idmsa	idmsa	NOUN
cjfa-13875	100	51	dm	dm	NOUN
cjfa-13875	100	52	credit	credit	NOUN
cjfa-13875	100	53	suisse	suisse	NOUN
cjfa-13875	100	54	goldman	goldman	PROPN
cjfa-13875	100	55	sachs	sachs	PROPN
cjfa-13875	100	56	s	s	PROPN
cjfa-13875	100	57	o	o	NOUN
cjfa-13875	100	58	u	u	NOUN
cjfa-13875	100	59	r	r	NOUN
cjfa-13875	100	60	c	c	NOUN
cjfa-13875	100	61	e	e	NOUN
cjfa-13875	100	62	:	:	PUNCT
cjfa-13875	100	63	own	own	ADJ
cjfa-13875	100	64	study	study	NOUN
cjfa-13875	100	65	based	base	VERB
cjfa-13875	100	66	on	on	ADP
cjfa-13875	100	67	stockwatch.pl	stockwatch.pl	PRON
cjfa-13875	100	68	and	and	CCONJ
cjfa-13875	100	69	money.pl	money.pl	X
cjfa-13875	100	70	.	.	PUNCT
cjfa-13875	101	1	zbigniew	zbigniew	PROPN
cjfa-13875	101	2	drewniak	drewniak	PROPN
cjfa-13875	101	3	when	when	SCONJ
cjfa-13875	101	4	comparing	compare	VERB
cjfa-13875	101	5	the	the	DET
cjfa-13875	101	6	clearly	clearly	ADV
cjfa-13875	101	7	indicated	indicate	VERB
cjfa-13875	101	8	by	by	ADP
cjfa-13875	101	9	the	the	DET
cjfa-13875	101	10	issuers	issuer	NOUN
cjfa-13875	101	11	trends	trend	NOUN
cjfa-13875	101	12	in	in	ADP
cjfa-13875	101	13	price	price	NOUN
cjfa-13875	101	14	changrecommendations	changrecommendation	NOUN
cjfa-13875	101	15	were	be	AUX
cjfa-13875	101	16	prevalent	prevalent	ADJ
cjfa-13875	101	17	(	(	PUNCT
cjfa-13875	101	18	table	table	NOUN
cjfa-13875	101	19	2	2	NUM
cjfa-13875	101	20	)	)	PUNCT
cjfa-13875	101	21	.	.	PUNCT
cjfa-13875	102	1	the	the	DET
cjfa-13875	102	2	analysis	analysis	NOUN
cjfa-13875	102	3	of	of	ADP
cjfa-13875	102	4	recommendations	recommendation	NOUN
cjfa-13875	102	5	will	will	AUX
cjfa-13875	102	6	consider	consider	VERB
cjfa-13875	102	7	three	three	NUM
cjfa-13875	102	8	aspects	aspect	NOUN
cjfa-13875	102	9	.	.	PUNCT
cjfa-13875	103	1	firstly	firstly	ADV
cjfa-13875	103	2	,	,	PUNCT
cjfa-13875	103	3	the	the	DET
cjfa-13875	103	4	effectiveness	effectiveness	NOUN
cjfa-13875	103	5	of	of	ADP
cjfa-13875	103	6	recommendations	recommendation	NOUN
cjfa-13875	103	7	,	,	PUNCT
cjfa-13875	103	8	that	that	PRON
cjfa-13875	103	9	is	be	AUX
cjfa-13875	103	10	whether	whether	SCONJ
cjfa-13875	103	11	the	the	DET
cjfa-13875	103	12	target	target	NOUN
cjfa-13875	103	13	price	price	NOUN
cjfa-13875	103	14	has	have	AUX
cjfa-13875	103	15	been	be	AUX
cjfa-13875	103	16	reached	reach	VERB
cjfa-13875	103	17	and	and	CCONJ
cjfa-13875	103	18	in	in	ADP
cjfa-13875	103	19	what	what	DET
cjfa-13875	103	20	period	period	NOUN
cjfa-13875	103	21	of	of	ADP
cjfa-13875	103	22	time	time	NOUN
cjfa-13875	103	23	,	,	PUNCT
cjfa-13875	103	24	will	will	AUX
cjfa-13875	103	25	be	be	AUX
cjfa-13875	103	26	evaluated	evaluate	VERB
cjfa-13875	103	27	.	.	PUNCT
cjfa-13875	104	1	three	three	NUM
cjfa-13875	104	2	periods	period	NOUN
cjfa-13875	104	3	of	of	ADP
cjfa-13875	104	4	time	time	NOUN
cjfa-13875	104	5	will	will	AUX
cjfa-13875	104	6	be	be	AUX
cjfa-13875	104	7	anaand	anaand	ADJ
cjfa-13875	104	8	a	a	DET
cjfa-13875	104	9	long	long	ADJ
cjfa-13875	104	10	one	one	NOUN
cjfa-13875	104	11	(	(	PUNCT
cjfa-13875	104	12	from	from	ADP
cjfa-13875	104	13	6	6	NUM
cjfa-13875	104	14	months	month	NOUN
cjfa-13875	104	15	to	to	ADP
cjfa-13875	104	16	1	1	NUM
cjfa-13875	104	17	year	year	NOUN
cjfa-13875	104	18	)	)	PUNCT
cjfa-13875	104	19	.	.	PUNCT
cjfa-13875	105	1	the	the	DET
cjfa-13875	105	2	unrealized	unrealized	ADJ
cjfa-13875	105	3	recommendation	recommendation	NOUN
cjfa-13875	105	4	in	in	ADP
cjfa-13875	105	5	that	that	DET
cjfa-13875	105	6	period	period	NOUN
cjfa-13875	105	7	will	will	AUX
cjfa-13875	105	8	be	be	AUX
cjfa-13875	105	9	considered	consider	VERB
cjfa-13875	105	10	ineffective	ineffective	ADJ
cjfa-13875	105	11	.	.	PUNCT
cjfa-13875	106	1	table	table	NOUN
cjfa-13875	106	2	2	2	NUM
cjfa-13875	106	3	.	.	PUNCT
cjfa-13875	107	1	the	the	DET
cjfa-13875	107	2	number	number	NOUN
cjfa-13875	107	3	of	of	ADP
cjfa-13875	107	4	issued	issue	VERB
cjfa-13875	107	5	recommendations	recommendation	NOUN
cjfa-13875	107	6	in	in	ADP
cjfa-13875	107	7	relation	relation	NOUN
cjfa-13875	107	8	to	to	ADP
cjfa-13875	107	9	5	5	NUM
cjfa-13875	107	10	biggest	big	ADJ
cjfa-13875	107	11	wig20	wig20	VERB
cjfa-13875	107	12	comcompany	comcompany	ADJ
cjfa-13875	107	13	recommendations	recommendation	NOUN
cjfa-13875	107	14	in	in	ADP
cjfa-13875	107	15	total	total	ADJ
cjfa-13875	107	16	buy	buy	VERB
cjfa-13875	107	17	neutral	neutral	ADJ
cjfa-13875	107	18	sell	sell	NOUN
cjfa-13875	107	19	kghm	kghm	PROPN
cjfa-13875	107	20	44	44	NUM
cjfa-13875	107	21	72	72	NUM
cjfa-13875	107	22	29	29	NUM
cjfa-13875	107	23	145	145	NUM
cjfa-13875	107	24	pekao	pekao	NOUN
cjfa-13875	107	25	19	19	NUM
cjfa-13875	107	26	72	72	NUM
cjfa-13875	107	27	30	30	NUM
cjfa-13875	107	28	121	121	NUM
cjfa-13875	107	29	pkn	pkn	NOUN
cjfa-13875	107	30	26	26	NUM
cjfa-13875	107	31	55	55	NUM
cjfa-13875	107	32	37	37	NUM
cjfa-13875	107	33	118	118	NUM
cjfa-13875	107	34	pzu	pzu	VERB
cjfa-13875	107	35	42	42	NUM
cjfa-13875	107	36	45	45	NUM
cjfa-13875	107	37	2	2	NUM
cjfa-13875	107	38	89	89	NUM
cjfa-13875	107	39	pko	pko	PROPN
cjfa-13875	107	40	bp	bp	PROPN
cjfa-13875	107	41	73	73	NUM
cjfa-13875	107	42	47	47	NUM
cjfa-13875	107	43	5	5	NUM
cjfa-13875	107	44	125	125	NUM
cjfa-13875	107	45	in	in	ADP
cjfa-13875	107	46	total	total	ADJ
cjfa-13875	107	47	204	204	NUM
cjfa-13875	107	48	291	291	NUM
cjfa-13875	107	49	103	103	NUM
cjfa-13875	107	50	598	598	NUM
cjfa-13875	107	51	s	s	NOUN
cjfa-13875	107	52	o	o	NOUN
cjfa-13875	107	53	u	u	NOUN
cjfa-13875	107	54	r	r	NOUN
cjfa-13875	107	55	c	c	NOUN
cjfa-13875	107	56	e	e	NOUN
cjfa-13875	107	57	:	:	PUNCT
cjfa-13875	107	58	own	own	ADJ
cjfa-13875	107	59	study	study	NOUN
cjfa-13875	107	60	based	base	VERB
cjfa-13875	107	61	on	on	ADP
cjfa-13875	107	62	stockwatch.pl	stockwatch.pl	PRON
cjfa-13875	107	63	and	and	CCONJ
cjfa-13875	107	64	money.pl	money.pl	PROPN
cjfa-13875	107	65	.	.	PUNCT
cjfa-13875	108	1	table	table	NOUN
cjfa-13875	108	2	3	3	NUM
cjfa-13875	108	3	.	.	PUNCT
cjfa-13875	109	1	the	the	DET
cjfa-13875	109	2	number	number	NOUN
cjfa-13875	109	3	of	of	ADP
cjfa-13875	109	4	recommendations	recommendation	NOUN
cjfa-13875	109	5	in	in	ADP
cjfa-13875	109	6	relation	relation	NOUN
cjfa-13875	109	7	to	to	ADP
cjfa-13875	109	8	5	5	NUM
cjfa-13875	109	9	biggest	big	ADJ
cjfa-13875	109	10	wig20	wig20	PROPN
cjfa-13875	109	11	companies	company	NOUN
cjfa-13875	109	12	company	company	NOUN
cjfa-13875	109	13	forecast	forecast	NOUN
cjfa-13875	109	14	price	price	NOUN
cjfa-13875	109	15	change	change	NOUN
cjfa-13875	109	16	in	in	ADP
cjfa-13875	109	17	total	total	ADJ
cjfa-13875	109	18	target	target	NOUN
cjfa-13875	109	19	price	price	NOUN
cjfa-13875	109	20	higher	high	ADJ
cjfa-13875	109	21	than	than	ADP
cjfa-13875	109	22	the	the	DET
cjfa-13875	109	23	price	price	NOUN
cjfa-13875	109	24	on	on	ADP
cjfa-13875	109	25	the	the	DET
cjfa-13875	109	26	day	day	NOUN
cjfa-13875	109	27	of	of	ADP
cjfa-13875	109	28	issuing	issue	VERB
cjfa-13875	109	29	target	target	NOUN
cjfa-13875	109	30	price	price	NOUN
cjfa-13875	109	31	lower	low	ADJ
cjfa-13875	109	32	than	than	ADP
cjfa-13875	109	33	the	the	DET
cjfa-13875	109	34	price	price	NOUN
cjfa-13875	109	35	on	on	ADP
cjfa-13875	109	36	the	the	DET
cjfa-13875	109	37	day	day	NOUN
cjfa-13875	109	38	of	of	ADP
cjfa-13875	109	39	issuing	issue	VERB
cjfa-13875	109	40	kghm	kghm	PROPN
cjfa-13875	109	41	99	99	NUM
cjfa-13875	109	42	46	46	NUM
cjfa-13875	109	43	145	145	NUM
cjfa-13875	109	44	pekao	pekao	NOUN
cjfa-13875	109	45	75	75	NUM
cjfa-13875	109	46	46	46	NUM
cjfa-13875	109	47	121	121	NUM
cjfa-13875	109	48	pkn	pkn	PROPN
cjfa-13875	109	49	61	61	NUM
cjfa-13875	109	50	57	57	NUM
cjfa-13875	109	51	118	118	NUM
cjfa-13875	109	52	an	an	DET
cjfa-13875	109	53	analysis	analysis	NOUN
cjfa-13875	109	54	of	of	ADP
cjfa-13875	109	55	brokerage	brokerage	NOUN
cjfa-13875	109	56	recommendations	recommendation	NOUN
cjfa-13875	109	57	…	…	PUNCT
cjfa-13875	109	58	company	company	NOUN
cjfa-13875	109	59	forecast	forecast	NOUN
cjfa-13875	109	60	price	price	NOUN
cjfa-13875	109	61	change	change	NOUN
cjfa-13875	109	62	in	in	ADP
cjfa-13875	109	63	total	total	ADJ
cjfa-13875	109	64	target	target	NOUN
cjfa-13875	109	65	price	price	NOUN
cjfa-13875	109	66	higher	high	ADJ
cjfa-13875	109	67	than	than	ADP
cjfa-13875	109	68	the	the	DET
cjfa-13875	109	69	price	price	NOUN
cjfa-13875	109	70	on	on	ADP
cjfa-13875	109	71	the	the	DET
cjfa-13875	109	72	day	day	NOUN
cjfa-13875	109	73	of	of	ADP
cjfa-13875	109	74	issuing	issue	VERB
cjfa-13875	109	75	target	target	NOUN
cjfa-13875	109	76	price	price	NOUN
cjfa-13875	109	77	lower	low	ADJ
cjfa-13875	109	78	than	than	ADP
cjfa-13875	109	79	the	the	DET
cjfa-13875	109	80	price	price	NOUN
cjfa-13875	109	81	on	on	ADP
cjfa-13875	109	82	the	the	DET
cjfa-13875	109	83	day	day	NOUN
cjfa-13875	109	84	of	of	ADP
cjfa-13875	109	85	issuing	issuing	NOUN
cjfa-13875	109	86	pzu	pzu	NOUN
cjfa-13875	109	87	77	77	NUM
cjfa-13875	109	88	12	12	NUM
cjfa-13875	109	89	89	89	NUM
cjfa-13875	109	90	pko	pko	PROPN
cjfa-13875	109	91	bp	bp	PROPN
cjfa-13875	109	92	113	113	NUM
cjfa-13875	109	93	12	12	NUM
cjfa-13875	109	94	125	125	NUM
cjfa-13875	109	95	in	in	ADP
cjfa-13875	109	96	total	total	ADJ
cjfa-13875	109	97	425	425	NUM
cjfa-13875	109	98	173	173	NUM
cjfa-13875	109	99	598	598	NUM
cjfa-13875	109	100	s	s	NOUN
cjfa-13875	109	101	o	o	NOUN
cjfa-13875	109	102	u	u	NOUN
cjfa-13875	109	103	r	r	NOUN
cjfa-13875	109	104	c	c	NOUN
cjfa-13875	109	105	e	e	NOUN
cjfa-13875	109	106	:	:	PUNCT
cjfa-13875	109	107	own	own	ADJ
cjfa-13875	109	108	study	study	NOUN
cjfa-13875	109	109	based	base	VERB
cjfa-13875	109	110	on	on	ADP
cjfa-13875	109	111	stockwatch.pl	stockwatch.pl	PRON
cjfa-13875	109	112	and	and	CCONJ
cjfa-13875	109	113	money.pl	money.pl	X
cjfa-13875	109	114	.	.	PUNCT
cjfa-13875	110	1	in	in	ADP
cjfa-13875	110	2	the	the	DET
cjfa-13875	110	3	context	context	NOUN
cjfa-13875	110	4	of	of	ADP
cjfa-13875	110	5	the	the	DET
cjfa-13875	110	6	analysed	analyse	VERB
cjfa-13875	110	7	recommendations	recommendation	NOUN
cjfa-13875	110	8	,	,	PUNCT
cjfa-13875	110	9	a	a	DET
cjfa-13875	110	10	potential	potential	ADJ
cjfa-13875	110	11	rate	rate	NOUN
cjfa-13875	110	12	of	of	ADP
cjfa-13875	110	13	return	return	NOUN
cjfa-13875	110	14	will	will	AUX
cjfa-13875	110	15	be	be	AUX
cjfa-13875	110	16	determined	determine	VERB
cjfa-13875	110	17	.	.	PUNCT
cjfa-13875	111	1	where	where	SCONJ
cjfa-13875	111	2	:	:	PUNCT
cjfa-13875	111	3	r	r	X
cjfa-13875	111	4	p	p	NOUN
cjfa-13875	111	5	c	c	NOUN
cjfa-13875	111	6	t	t	NOUN
cjfa-13875	111	7	if	if	SCONJ
cjfa-13875	111	8	the	the	DET
cjfa-13875	111	9	forecast	forecast	NOUN
cjfa-13875	111	10	price	price	NOUN
cjfa-13875	111	11	is	be	AUX
cjfa-13875	111	12	not	not	PART
cjfa-13875	111	13	reached	reach	VERB
cjfa-13875	111	14	in	in	ADP
cjfa-13875	111	15	a	a	DET
cjfa-13875	111	16	given	give	VERB
cjfa-13875	111	17	time	time	NOUN
cjfa-13875	111	18	horizon	horizon	NOUN
cjfa-13875	111	19	,	,	PUNCT
cjfa-13875	111	20	the	the	DET
cjfa-13875	111	21	rate	rate	NOUN
cjfa-13875	111	22	of	of	ADP
cjfa-13875	111	23	return	return	NOUN
cjfa-13875	111	24	on	on	ADP
cjfa-13875	111	25	this	this	DET
cjfa-13875	111	26	instrument	instrument	NOUN
cjfa-13875	111	27	will	will	AUX
cjfa-13875	111	28	be	be	AUX
cjfa-13875	111	29	calculated	calculate	VERB
cjfa-13875	111	30	at	at	ADP
cjfa-13875	111	31	the	the	DET
cjfa-13875	111	32	end	end	NOUN
cjfa-13875	111	33	of	of	ADP
cjfa-13875	111	34	this	this	DET
cjfa-13875	111	35	period	period	NOUN
cjfa-13875	111	36	.	.	PUNCT
cjfa-13875	112	1	if	if	SCONJ
cjfa-13875	112	2	the	the	DET
cjfa-13875	112	3	instrument	instrument	NOUN
cjfa-13875	112	4	price	price	NOUN
cjfa-13875	112	5	changes	change	NOUN
cjfa-13875	112	6	like	like	SCONJ
cjfa-13875	112	7	it	it	PRON
cjfa-13875	112	8	was	be	AUX
cjfa-13875	112	9	forecast	forecast	VERB
cjfa-13875	112	10	,	,	PUNCT
cjfa-13875	112	11	despite	despite	SCONJ
cjfa-13875	112	12	not	not	PART
cjfa-13875	112	13	reaching	reach	VERB
cjfa-13875	112	14	the	the	DET
cjfa-13875	112	15	target	target	NOUN
cjfa-13875	112	16	price	price	NOUN
cjfa-13875	112	17	,	,	PUNCT
cjfa-13875	112	18	it	it	PRON
cjfa-13875	112	19	will	will	AUX
cjfa-13875	112	20	be	be	AUX
cjfa-13875	112	21	considered	consider	VERB
cjfa-13875	112	22	effective	effective	ADJ
cjfa-13875	112	23	,	,	PUNCT
cjfa-13875	112	24	though	though	SCONJ
cjfa-13875	112	25	not	not	PART
cjfa-13875	112	26	realized	realize	VERB
cjfa-13875	112	27	.	.	PUNCT
cjfa-13875	113	1	(	(	PUNCT
cjfa-13875	113	2	5	5	NUM
cjfa-13875	113	3	)	)	PUNCT
cjfa-13875	114	1	where	where	SCONJ
cjfa-13875	114	2	:	:	PUNCT
cjfa-13875	114	3	r	r	NOUN
cjfa-13875	114	4	i	i	PRON
cjfa-13875	114	5	i	i	PRON
cjfa-13875	114	6	period	period	VERB
cjfa-13875	114	7	,	,	PUNCT
cjfa-13875	114	8	60	60	NUM
cjfa-13875	114	9	days	day	NOUN
cjfa-13875	114	10	after	after	ADP
cjfa-13875	114	11	recommendation	recommendation	NOUN
cjfa-13875	114	12	for	for	ADP
cjfa-13875	114	13	mid	mid	ADJ
cjfa-13875	114	14	period	period	NOUN
cjfa-13875	114	15	and	and	CCONJ
cjfa-13875	114	16	1	1	NUM
cjfa-13875	114	17	year	year	NOUN
cjfa-13875	114	18	after	after	ADP
cjfa-13875	114	19	recommendation	recommendation	NOUN
cjfa-13875	114	20	for	for	ADP
cjfa-13875	114	21	long	long	ADJ
cjfa-13875	114	22	period	period	NOUN
cjfa-13875	114	23	)	)	PUNCT
cjfa-13875	114	24	.	.	PUNCT
cjfa-13875	115	1	the	the	DET
cjfa-13875	115	2	rate	rate	NOUN
cjfa-13875	115	3	of	of	ADP
cjfa-13875	115	4	return	return	NOUN
cjfa-13875	115	5	will	will	AUX
cjfa-13875	115	6	also	also	ADV
cjfa-13875	115	7	be	be	AUX
cjfa-13875	115	8	compared	compare	VERB
cjfa-13875	115	9	with	with	ADP
cjfa-13875	115	10	the	the	DET
cjfa-13875	115	11	rate	rate	NOUN
cjfa-13875	115	12	of	of	ADP
cjfa-13875	115	13	return	return	NOUN
cjfa-13875	115	14	from	from	ADP
cjfa-13875	115	15	socalled	socalled	ADJ
cjfa-13875	115	16	market	market	NOUN
cjfa-13875	115	17	portfolio	portfolio	NOUN
cjfa-13875	115	18	,	,	PUNCT
cjfa-13875	115	19	illustrated	illustrate	VERB
cjfa-13875	115	20	as	as	ADP
cjfa-13875	115	21	the	the	DET
cjfa-13875	115	22	rate	rate	NOUN
cjfa-13875	115	23	of	of	ADP
cjfa-13875	115	24	return	return	NOUN
cjfa-13875	115	25	from	from	ADP
cjfa-13875	115	26	wig20	wig20	PROPN
cjfa-13875	115	27	index	index	NOUN
cjfa-13875	115	28	.	.	PUNCT
cjfa-13875	116	1	socalled	socalled	ADJ
cjfa-13875	116	2	market	market	NOUN
cjfa-13875	116	3	premium	premium	NOUN
cjfa-13875	116	4	will	will	AUX
cjfa-13875	116	5	be	be	AUX
cjfa-13875	116	6	determined	determine	VERB
cjfa-13875	116	7	.	.	PUNCT
cjfa-13875	117	1	table	table	NOUN
cjfa-13875	117	2	3	3	NUM
cjfa-13875	117	3	.	.	PUNCT
cjfa-13875	118	1	the	the	DET
cjfa-13875	118	2	number	number	NOUN
cjfa-13875	118	3	of	of	ADP
cjfa-13875	118	4	recommendations	recommendation	NOUN
cjfa-13875	118	5	…	…	PUNCT
cjfa-13875	118	6	zbigniew	zbigniew	PROPN
cjfa-13875	118	7	drewniak	drewniak	PROPN
cjfa-13875	118	8	(	(	PUNCT
cjfa-13875	118	9	6	6	NUM
cjfa-13875	118	10	)	)	PUNCT
cjfa-13875	118	11	where	where	SCONJ
cjfa-13875	118	12	:	:	PUNCT
cjfa-13875	118	13	r	r	NOUN
cjfa-13875	118	14	m	m	NOUN
cjfa-13875	118	15	market	market	NOUN
cjfa-13875	118	16	premium	premium	NOUN
cjfa-13875	118	17	indicated	indicate	VERB
cjfa-13875	118	18	the	the	DET
cjfa-13875	118	19	difference	difference	NOUN
cjfa-13875	118	20	between	between	ADP
cjfa-13875	118	21	the	the	DET
cjfa-13875	118	22	realised	realise	VERB
cjfa-13875	118	23	rate	rate	NOUN
cjfa-13875	118	24	of	of	ADP
cjfa-13875	118	25	reing	ree	VERB
cjfa-13875	118	26	upon	upon	SCONJ
cjfa-13875	118	27	a	a	DET
cjfa-13875	118	28	recommendation	recommendation	NOUN
cjfa-13875	118	29	,	,	PUNCT
cjfa-13875	118	30	a	a	DET
cjfa-13875	118	31	higher	high	ADJ
cjfa-13875	118	32	rate	rate	NOUN
cjfa-13875	118	33	of	of	ADP
cjfa-13875	118	34	return	return	NOUN
cjfa-13875	118	35	than	than	SCONJ
cjfa-13875	118	36	the	the	DET
cjfa-13875	118	37	main	main	ADJ
cjfa-13875	118	38	stock	stock	NOUN
cjfa-13875	118	39	index	index	NOUN
cjfa-13875	118	40	was	be	AUX
cjfa-13875	118	41	realised	realise	VERB
cjfa-13875	118	42	.	.	PUNCT
cjfa-13875	119	1	it	it	PRON
cjfa-13875	119	2	should	should	AUX
cjfa-13875	119	3	be	be	AUX
cjfa-13875	119	4	taken	take	VERB
cjfa-13875	119	5	into	into	ADP
cjfa-13875	119	6	account	account	NOUN
cjfa-13875	119	7	that	that	SCONJ
cjfa-13875	119	8	the	the	DET
cjfa-13875	119	9	rate	rate	NOUN
cjfa-13875	119	10	of	of	ADP
cjfa-13875	119	11	return	return	NOUN
cjfa-13875	119	12	of	of	ADP
cjfa-13875	119	13	wig20	wig20	PROPN
cjfa-13875	119	14	index	index	NOUN
cjfa-13875	119	15	will	will	AUX
cjfa-13875	119	16	be	be	AUX
cjfa-13875	119	17	also	also	ADV
cjfa-13875	119	18	determined	determine	VERB
cjfa-13875	119	19	by	by	ADP
cjfa-13875	119	20	the	the	DET
cjfa-13875	119	21	behaviour	behaviour	NOUN
cjfa-13875	119	22	of	of	ADP
cjfa-13875	119	23	the	the	DET
cjfa-13875	119	24	prices	price	NOUN
cjfa-13875	119	25	of	of	ADP
cjfa-13875	119	26	shares	share	NOUN
cjfa-13875	119	27	of	of	ADP
cjfa-13875	119	28	the	the	DET
cjfa-13875	119	29	recommended	recommend	VERB
cjfa-13875	119	30	company	company	NOUN
cjfa-13875	119	31	that	that	PRON
cjfa-13875	119	32	constitutes	constitute	VERB
cjfa-13875	119	33	a	a	DET
cjfa-13875	119	34	substantial	substantial	ADJ
cjfa-13875	119	35	part	part	NOUN
cjfa-13875	119	36	of	of	ADP
cjfa-13875	119	37	wig20	wig20	PROPN
cjfa-13875	119	38	index	index	NOUN
cjfa-13875	119	39	.	.	PUNCT
cjfa-13875	120	1	if	if	SCONJ
cjfa-13875	120	2	a	a	DET
cjfa-13875	120	3	recommendation	recommendation	NOUN
cjfa-13875	120	4	was	be	AUX
cjfa-13875	120	5	realized	realize	VERB
cjfa-13875	120	6	in	in	ADP
cjfa-13875	120	7	a	a	DET
cjfa-13875	120	8	given	give	VERB
cjfa-13875	120	9	period	period	NOUN
cjfa-13875	120	10	,	,	PUNCT
cjfa-13875	120	11	then	then	ADV
cjfa-13875	120	12	the	the	DET
cjfa-13875	120	13	potential	potential	ADJ
cjfa-13875	120	14	rate	rate	NOUN
cjfa-13875	120	15	of	of	ADP
cjfa-13875	120	16	return	return	NOUN
cjfa-13875	120	17	is	be	AUX
cjfa-13875	120	18	assumed	assume	VERB
cjfa-13875	120	19	as	as	ADP
cjfa-13875	120	20	the	the	DET
cjfa-13875	120	21	rate	rate	NOUN
cjfa-13875	120	22	of	of	ADP
cjfa-13875	120	23	return	return	NOUN
cjfa-13875	120	24	in	in	ADP
cjfa-13875	120	25	this	this	DET
cjfa-13875	120	26	period	period	NOUN
cjfa-13875	120	27	.	.	PUNCT
cjfa-13875	121	1	another	another	DET
cjfa-13875	121	2	measure	measure	NOUN
cjfa-13875	121	3	of	of	ADP
cjfa-13875	121	4	evaluation	evaluation	NOUN
cjfa-13875	121	5	of	of	ADP
cjfa-13875	121	6	effectiveness	effectiveness	NOUN
cjfa-13875	121	7	will	will	AUX
cjfa-13875	121	8	be	be	AUX
cjfa-13875	121	9	the	the	DET
cjfa-13875	121	10	number	number	NOUN
cjfa-13875	121	11	of	of	ADP
cjfa-13875	121	12	trading	trading	NOUN
cjfa-13875	121	13	days	day	NOUN
cjfa-13875	121	14	from	from	ADP
cjfa-13875	121	15	the	the	DET
cjfa-13875	121	16	moment	moment	NOUN
cjfa-13875	121	17	of	of	ADP
cjfa-13875	121	18	issuing	issue	VERB
cjfa-13875	121	19	a	a	DET
cjfa-13875	121	20	recommendation	recommendation	NOUN
cjfa-13875	121	21	to	to	ADP
cjfa-13875	121	22	its	its	PRON
cjfa-13875	121	23	fulfilment	fulfilment	NOUN
cjfa-13875	121	24	(	(	PUNCT
cjfa-13875	121	25	duration	duration	NOUN
cjfa-13875	121	26	)	)	PUNCT
cjfa-13875	121	27	.	.	PUNCT
cjfa-13875	122	1	(	(	PUNCT
cjfa-13875	122	2	7	7	X
cjfa-13875	122	3	)	)	PUNCT
cjfa-13875	123	1	where	where	SCONJ
cjfa-13875	123	2	:	:	PUNCT
cjfa-13875	124	1	d	d	X
cjfa-13875	124	2	i	i	NOUN
cjfa-13875	124	3	d	d	X
cjfa-13875	124	4	0	0	X
cjfa-13875	125	1	the	the	PRON
cjfa-13875	125	2	shorter	short	ADJ
cjfa-13875	125	3	the	the	DET
cjfa-13875	125	4	period	period	NOUN
cjfa-13875	125	5	needed	need	VERB
cjfa-13875	125	6	to	to	PART
cjfa-13875	125	7	fulfil	fulfil	VERB
cjfa-13875	125	8	a	a	DET
cjfa-13875	125	9	recommendation	recommendation	NOUN
cjfa-13875	125	10	,	,	PUNCT
cjfa-13875	125	11	the	the	DET
cjfa-13875	125	12	better	well	ADJ
cjfa-13875	125	13	.	.	PUNCT
cjfa-13875	126	1	an	an	DET
cjfa-13875	126	2	investor	investor	NOUN
cjfa-13875	126	3	recovers	recover	VERB
cjfa-13875	126	4	the	the	DET
cjfa-13875	126	5	invested	invest	VERB
cjfa-13875	126	6	capital	capital	NOUN
cjfa-13875	126	7	faster	fast	ADV
cjfa-13875	126	8	and	and	CCONJ
cjfa-13875	126	9	then	then	ADV
cjfa-13875	126	10	it	it	PRON
cjfa-13875	126	11	can	can	AUX
cjfa-13875	126	12	be	be	AUX
cjfa-13875	126	13	allocated	allocate	VERB
cjfa-13875	126	14	for	for	ADP
cjfa-13875	126	15	other	other	ADJ
cjfa-13875	126	16	investments	investment	NOUN
cjfa-13875	126	17	;	;	PUNCT
cjfa-13875	126	18	an	an	DET
cjfa-13875	126	19	issuer	issuer	NOUN
cjfa-13875	126	20	of	of	ADP
cjfa-13875	126	21	a	a	DET
cjfa-13875	126	22	recommendation	recommendation	NOUN
cjfa-13875	126	23	receives	receive	VERB
cjfa-13875	126	24	a	a	DET
cjfa-13875	126	25	confirmation	confirmation	NOUN
cjfa-13875	126	26	of	of	ADP
cjfa-13875	126	27	the	the	DET
cjfa-13875	126	28	assumptions	assumption	NOUN
cjfa-13875	126	29	made	make	VERB
cjfa-13875	126	30	earlier	early	ADV
cjfa-13875	126	31	and	and	CCONJ
cjfa-13875	126	32	it	it	PRON
cjfa-13875	126	33	also	also	ADV
cjfa-13875	126	34	contributes	contribute	VERB
cjfa-13875	126	35	to	to	ADP
cjfa-13875	126	36	creating	create	VERB
cjfa-13875	126	37	and	and	CCONJ
cjfa-13875	126	38	maintaining	maintain	VERB
cjfa-13875	126	39	client	client	NOUN
cjfa-13875	126	40	confidence	confidence	NOUN
cjfa-13875	126	41	.	.	PUNCT
cjfa-13875	127	1	it	it	PRON
cjfa-13875	127	2	is	be	AUX
cjfa-13875	127	3	also	also	ADV
cjfa-13875	127	4	worth	worth	ADJ
cjfa-13875	127	5	remembering	remember	VERB
cjfa-13875	127	6	that	that	SCONJ
cjfa-13875	127	7	the	the	DET
cjfa-13875	127	8	shorter	short	ADJ
cjfa-13875	127	9	the	the	DET
cjfa-13875	127	10	time	time	NOUN
cjfa-13875	127	11	of	of	ADP
cjfa-13875	127	12	fulfilling	fulfil	VERB
cjfa-13875	127	13	a	a	DET
cjfa-13875	127	14	recommendation	recommendation	NOUN
cjfa-13875	127	15	,	,	PUNCT
cjfa-13875	127	16	the	the	PRON
cjfa-13875	127	17	smaller	small	ADJ
cjfa-13875	127	18	the	the	DET
cjfa-13875	127	19	risk	risk	NOUN
cjfa-13875	127	20	of	of	ADP
cjfa-13875	127	21	an	an	DET
cjfa-13875	127	22	investment	investment	NOUN
cjfa-13875	127	23	.	.	PUNCT
cjfa-13875	128	1	an	an	DET
cjfa-13875	128	2	average	average	ADJ
cjfa-13875	128	3	daily	daily	ADJ
cjfa-13875	128	4	rate	rate	NOUN
cjfa-13875	128	5	of	of	ADP
cjfa-13875	128	6	return	return	NOUN
cjfa-13875	128	7	of	of	ADP
cjfa-13875	128	8	a	a	DET
cjfa-13875	128	9	realized	realize	VERB
cjfa-13875	128	10	recommendation	recommendation	NOUN
cjfa-13875	128	11	is	be	AUX
cjfa-13875	128	12	another	another	DET
cjfa-13875	128	13	measure	measure	NOUN
cjfa-13875	128	14	:	:	PUNCT
cjfa-13875	128	15	arithmetically	arithmetically	ADV
cjfa-13875	128	16	an	an	DET
cjfa-13875	128	17	analysis	analysis	NOUN
cjfa-13875	128	18	of	of	ADP
cjfa-13875	128	19	brokerage	brokerage	NOUN
cjfa-13875	128	20	recommendations	recommendation	NOUN
cjfa-13875	128	21	…	…	PUNCT
cjfa-13875	128	22	geometrically	geometrically	ADV
cjfa-13875	128	23	(	(	PUNCT
cjfa-13875	128	24	10	10	NUM
cjfa-13875	128	25	)	)	PUNCT
cjfa-13875	129	1	where	where	SCONJ
cjfa-13875	129	2	:	:	PUNCT
cjfa-13875	129	3	r	r	NOUN
cjfa-13875	129	4	a	a	DET
cjfa-13875	129	5	r	r	NOUN
cjfa-13875	129	6	g	g	NOUN
cjfa-13875	129	7	r	r	NOUN
cjfa-13875	129	8	i	i	NOUN
cjfa-13875	130	1	d	d	NOUN
cjfa-13875	130	2	i	i	PRON
cjfa-13875	130	3	i=1	i=1	PROPN
cjfa-13875	130	4	,	,	PUNCT
cjfa-13875	130	5	2	2	NUM
cjfa-13875	130	6	,	,	PUNCT
cjfa-13875	130	7	…	…	PUNCT
cjfa-13875	130	8	,	,	PUNCT
cjfa-13875	130	9	n	n	CCONJ
cjfa-13875	130	10	,	,	PUNCT
cjfa-13875	130	11	for	for	ADP
cjfa-13875	130	12	realized	realize	VERB
cjfa-13875	130	13	recommendations	recommendation	NOUN
cjfa-13875	130	14	r	r	NOUN
cjfa-13875	130	15	i	i	NOUN
cjfa-13875	131	1	=	=	VERB
cjfa-13875	131	2	r	r	NOUN
cjfa-13875	131	3	p.	p.	NOUN
cjfa-13875	131	4	using	use	VERB
cjfa-13875	131	5	an	an	DET
cjfa-13875	131	6	average	average	ADJ
cjfa-13875	131	7	rate	rate	NOUN
cjfa-13875	131	8	of	of	ADP
cjfa-13875	131	9	return	return	NOUN
cjfa-13875	131	10	from	from	ADP
cjfa-13875	131	11	a	a	DET
cjfa-13875	131	12	realized	realize	VERB
cjfa-13875	131	13	recommendation	recommendation	NOUN
cjfa-13875	131	14	,	,	PUNCT
cjfa-13875	131	15	it	it	PRON
cjfa-13875	131	16	is	be	AUX
cjfa-13875	131	17	possible	possible	ADJ
cjfa-13875	131	18	to	to	PART
cjfa-13875	131	19	compare	compare	VERB
cjfa-13875	131	20	individual	individual	ADJ
cjfa-13875	131	21	recommendations	recommendation	NOUN
cjfa-13875	131	22	and	and	CCONJ
cjfa-13875	131	23	take	take	VERB
cjfa-13875	131	24	into	into	ADP
cjfa-13875	131	25	account	account	NOUN
cjfa-13875	131	26	in	in	ADP
cjfa-13875	131	27	evaluating	evaluate	VERB
cjfa-13875	131	28	not	not	PART
cjfa-13875	131	29	only	only	ADV
cjfa-13875	131	30	the	the	DET
cjfa-13875	131	31	rate	rate	NOUN
cjfa-13875	131	32	of	of	ADP
cjfa-13875	131	33	return	return	NOUN
cjfa-13875	131	34	,	,	PUNCT
cjfa-13875	131	35	but	but	CCONJ
cjfa-13875	131	36	also	also	ADV
cjfa-13875	131	37	the	the	DET
cjfa-13875	131	38	time	time	NOUN
cjfa-13875	131	39	needed	need	VERB
cjfa-13875	131	40	for	for	ADP
cjfa-13875	131	41	its	its	PRON
cjfa-13875	131	42	fulfilment	fulfilment	NOUN
cjfa-13875	131	43	.	.	PUNCT
cjfa-13875	132	1	when	when	SCONJ
cjfa-13875	132	2	evaluating	evaluate	VERB
cjfa-13875	132	3	a	a	DET
cjfa-13875	132	4	recommendation	recommendation	NOUN
cjfa-13875	132	5	,	,	PUNCT
cjfa-13875	132	6	the	the	DET
cjfa-13875	132	7	risk	risk	NOUN
cjfa-13875	132	8	connected	connect	VERB
cjfa-13875	132	9	with	with	ADP
cjfa-13875	132	10	its	its	PRON
cjfa-13875	132	11	fulfilment	fulfilment	NOUN
cjfa-13875	132	12	is	be	AUX
cjfa-13875	132	13	also	also	ADV
cjfa-13875	132	14	important	important	ADJ
cjfa-13875	132	15	.	.	PUNCT
cjfa-13875	133	1	for	for	ADP
cjfa-13875	133	2	the	the	DET
cjfa-13875	133	3	purpose	purpose	NOUN
cjfa-13875	133	4	of	of	ADP
cjfa-13875	133	5	the	the	DET
cjfa-13875	133	6	analysis	analysis	NOUN
cjfa-13875	133	7	,	,	PUNCT
cjfa-13875	133	8	standard	standard	ADJ
cjfa-13875	133	9	deviation	deviation	NOUN
cjfa-13875	133	10	of	of	ADP
cjfa-13875	133	11	daily	daily	ADJ
cjfa-13875	133	12	rates	rate	NOUN
cjfa-13875	133	13	of	of	ADP
cjfa-13875	133	14	return	return	NOUN
cjfa-13875	133	15	of	of	ADP
cjfa-13875	133	16	investments	investment	NOUN
cjfa-13875	133	17	in	in	ADP
cjfa-13875	133	18	the	the	DET
cjfa-13875	133	19	period	period	NOUN
cjfa-13875	133	20	of	of	ADP
cjfa-13875	133	21	time	time	NOUN
cjfa-13875	133	22	from	from	ADP
cjfa-13875	133	23	the	the	DET
cjfa-13875	133	24	recommendation	recommendation	NOUN
cjfa-13875	133	25	issuance	issuance	NOUN
cjfa-13875	133	26	to	to	ADP
cjfa-13875	133	27	its	its	PRON
cjfa-13875	133	28	fulfilment	fulfilment	NOUN
cjfa-13875	133	29	will	will	AUX
cjfa-13875	133	30	be	be	AUX
cjfa-13875	133	31	compared	compare	VERB
cjfa-13875	133	32	with	with	ADP
cjfa-13875	133	33	standard	standard	ADJ
cjfa-13875	133	34	deviation	deviation	NOUN
cjfa-13875	133	35	of	of	ADP
cjfa-13875	133	36	daily	daily	ADJ
cjfa-13875	133	37	rates	rate	NOUN
cjfa-13875	133	38	of	of	ADP
cjfa-13875	133	39	return	return	NOUN
cjfa-13875	133	40	in	in	ADP
cjfa-13875	133	41	an	an	DET
cjfa-13875	133	42	equally	equally	ADV
cjfa-13875	133	43	long	long	ADJ
cjfa-13875	133	44	period	period	NOUN
cjfa-13875	133	45	of	of	ADP
cjfa-13875	133	46	time	time	NOUN
cjfa-13875	133	47	back	back	ADV
cjfa-13875	133	48	from	from	ADP
cjfa-13875	133	49	the	the	DET
cjfa-13875	133	50	recommendation	recommendation	NOUN
cjfa-13875	133	51	issuance	issuance	NOUN
cjfa-13875	133	52	.	.	PUNCT
cjfa-13875	134	1	;	;	PUNCT
cjfa-13875	134	2	i=0	i=0	PROPN
cjfa-13875	134	3	,	,	PUNCT
cjfa-13875	134	4	1	1	NUM
cjfa-13875	134	5	,	,	PUNCT
cjfa-13875	134	6	2	2	NUM
cjfa-13875	134	7	,	,	PUNCT
cjfa-13875	134	8	…	…	PUNCT
cjfa-13875	134	9	,	,	PUNCT
cjfa-13875	134	10	n	n	CCONJ
cjfa-13875	134	11	(	(	PUNCT
cjfa-13875	134	12	11	11	NUM
cjfa-13875	134	13	)	)	PUNCT
cjfa-13875	134	14	(	(	PUNCT
cjfa-13875	134	15	11	11	NUM
cjfa-13875	134	16	)	)	PUNCT
cjfa-13875	134	17	where	where	SCONJ
cjfa-13875	134	18	:	:	PUNCT
cjfa-13875	134	19	tion	tion	NOUN
cjfa-13875	134	20	,	,	PUNCT
cjfa-13875	134	21	mendation	mendation	NOUN
cjfa-13875	134	22	is	be	AUX
cjfa-13875	134	23	realized	realize	VERB
cjfa-13875	134	24	.	.	PUNCT
cjfa-13875	135	1	adequate	adequate	ADJ
cjfa-13875	135	2	standard	standard	ADJ
cjfa-13875	135	3	deviation	deviation	NOUN
cjfa-13875	135	4	should	should	AUX
cjfa-13875	135	5	be	be	AUX
cjfa-13875	135	6	calculated	calculate	VERB
cjfa-13875	135	7	for	for	ADP
cjfa-13875	135	8	the	the	DET
cjfa-13875	135	9	period	period	NOUN
cjfa-13875	135	10	before	before	ADP
cjfa-13875	135	11	issuance	issuance	NOUN
cjfa-13875	135	12	of	of	ADP
cjfa-13875	135	13	a	a	DET
cjfa-13875	135	14	recommendation	recommendation	NOUN
cjfa-13875	135	15	for	for	ADP
cjfa-13875	135	16	the	the	DET
cjfa-13875	135	17	number	number	NOUN
cjfa-13875	135	18	of	of	ADP
cjfa-13875	135	19	days	day	NOUN
cjfa-13875	135	20	represented	represent	VERB
cjfa-13875	135	21	by	by	ADP
cjfa-13875	135	22	duration	duration	NOUN
cjfa-13875	135	23	.	.	PUNCT
cjfa-13875	136	1	;	;	PUNCT
cjfa-13875	136	2	i=	i=	PROPN
cjfa-13875	136	3	-n	-n	NOUN
cjfa-13875	136	4	,	,	PUNCT
cjfa-13875	136	5	-(n-1	-(n-1	PROPN
cjfa-13875	136	6	)	)	PUNCT
cjfa-13875	136	7	,	,	PUNCT
cjfa-13875	136	8	-(n-2	-(n-2	NUM
cjfa-13875	136	9	)	)	PUNCT
cjfa-13875	136	10	,	,	PUNCT
cjfa-13875	136	11	…	…	PUNCT
cjfa-13875	136	12	,	,	PUNCT
cjfa-13875	136	13	-2	-2	INTJ
cjfa-13875	136	14	,	,	PUNCT
cjfa-13875	136	15	-1	-1	INTJ
cjfa-13875	136	16	,	,	PUNCT
cjfa-13875	136	17	0	0	NUM
cjfa-13875	136	18	(	(	PUNCT
cjfa-13875	136	19	12	12	NUM
cjfa-13875	136	20	)	)	PUNCT
cjfa-13875	136	21	(	(	PUNCT
cjfa-13875	136	22	12	12	NUM
cjfa-13875	136	23	)	)	PUNCT
cjfa-13875	136	24	zbigniew	zbigniew	PROPN
cjfa-13875	136	25	drewniak	drewniak	PROPN
cjfa-13875	136	26	where	where	SCONJ
cjfa-13875	136	27	:	:	PUNCT
cjfa-13875	136	28	mendation	mendation	NOUN
cjfa-13875	136	29	,	,	PUNCT
cjfa-13875	136	30	prev	prev	X
cjfa-13875	136	31	r	r	NOUN
cjfa-13875	136	32	i	i	PRON
cjfa-13875	136	33	prev	prev	AUX
cjfa-13875	136	34	r	r	VERB
cjfa-13875	136	35	a	a	DET
cjfa-13875	136	36	dation	dation	NOUN
cjfa-13875	136	37	.	.	PUNCT
cjfa-13875	137	1	for	for	ADP
cjfa-13875	137	2	the	the	DET
cjfa-13875	137	3	purpose	purpose	NOUN
cjfa-13875	137	4	of	of	ADP
cjfa-13875	137	5	evaluating	evaluate	VERB
cjfa-13875	137	6	the	the	DET
cjfa-13875	137	7	risk	risk	NOUN
cjfa-13875	137	8	of	of	ADP
cjfa-13875	137	9	investing	invest	VERB
cjfa-13875	137	10	in	in	ADP
cjfa-13875	137	11	a	a	DET
cjfa-13875	137	12	recommended	recommend	VERB
cjfa-13875	137	13	company	company	NOUN
cjfa-13875	137	14	,	,	PUNCT
cjfa-13875	137	15	the	the	DET
cjfa-13875	137	16	maximum	maximum	ADJ
cjfa-13875	137	17	decrease	decrease	NOUN
cjfa-13875	137	18	of	of	ADP
cjfa-13875	137	19	the	the	DET
cjfa-13875	137	20	instrument	instrument	NOUN
cjfa-13875	137	21	price	price	NOUN
cjfa-13875	137	22	(	(	PUNCT
cjfa-13875	137	23	in	in	ADP
cjfa-13875	137	24	the	the	DET
cjfa-13875	137	25	case	case	NOUN
cjfa-13875	137	26	of	of	ADP
cjfa-13875	137	27	recommendations	recommendation	NOUN
cjfa-13875	137	28	suggesting	suggest	VERB
cjfa-13875	137	29	the	the	DET
cjfa-13875	137	30	price	price	NOUN
cjfa-13875	137	31	increase	increase	NOUN
cjfa-13875	137	32	)	)	PUNCT
cjfa-13875	137	33	or	or	CCONJ
cjfa-13875	137	34	the	the	DET
cjfa-13875	137	35	maximum	maximum	ADJ
cjfa-13875	137	36	increase	increase	NOUN
cjfa-13875	137	37	of	of	ADP
cjfa-13875	137	38	the	the	DET
cjfa-13875	137	39	instrument	instrument	NOUN
cjfa-13875	137	40	price	price	NOUN
cjfa-13875	137	41	(	(	PUNCT
cjfa-13875	137	42	in	in	ADP
cjfa-13875	137	43	the	the	DET
cjfa-13875	137	44	case	case	NOUN
cjfa-13875	137	45	of	of	ADP
cjfa-13875	137	46	recommendations	recommendation	NOUN
cjfa-13875	137	47	suggesting	suggest	VERB
cjfa-13875	137	48	the	the	DET
cjfa-13875	137	49	price	price	NOUN
cjfa-13875	137	50	decrease	decrease	NOUN
cjfa-13875	137	51	)	)	PUNCT
cjfa-13875	137	52	in	in	ADP
cjfa-13875	137	53	the	the	DET
cjfa-13875	137	54	periods	period	NOUN
cjfa-13875	137	55	of	of	ADP
cjfa-13875	137	56	:	:	PUNCT
cjfa-13875	137	57	recommendation	recommendation	NOUN
cjfa-13875	137	58	fulfillment	fulfillment	NOUN
cjfa-13875	137	59	,	,	PUNCT
cjfa-13875	137	60	within	within	ADP
cjfa-13875	137	61	a	a	DET
cjfa-13875	137	62	short	short	ADJ
cjfa-13875	137	63	period	period	NOUN
cjfa-13875	137	64	,	,	PUNCT
cjfa-13875	137	65	within	within	ADP
cjfa-13875	137	66	an	an	DET
cjfa-13875	137	67	mid	mid	ADJ
cjfa-13875	137	68	period	period	NOUN
cjfa-13875	137	69	,	,	PUNCT
cjfa-13875	137	70	within	within	ADP
cjfa-13875	137	71	a	a	DET
cjfa-13875	137	72	long	long	ADJ
cjfa-13875	137	73	period	period	NOUN
cjfa-13875	137	74	,	,	PUNCT
cjfa-13875	137	75	will	will	AUX
cjfa-13875	137	76	be	be	AUX
cjfa-13875	137	77	determined	determine	VERB
cjfa-13875	137	78	.	.	PUNCT
cjfa-13875	138	1	could	could	AUX
cjfa-13875	138	2	be	be	AUX
cjfa-13875	138	3	expected	expect	VERB
cjfa-13875	138	4	from	from	ADP
cjfa-13875	138	5	recommendations	recommendation	NOUN
cjfa-13875	138	6	forecasting	forecast	VERB
cjfa-13875	138	7	the	the	DET
cjfa-13875	138	8	price	price	NOUN
cjfa-13875	138	9	increase	increase	NOUN
cjfa-13875	138	10	than	than	ADP
cjfa-13875	138	11	from	from	ADP
cjfa-13875	138	12	those	those	PRON
cjfa-13875	138	13	forecasting	forecast	VERB
cjfa-13875	138	14	the	the	DET
cjfa-13875	138	15	price	price	NOUN
cjfa-13875	138	16	decrease	decrease	NOUN
cjfa-13875	138	17	(	(	PUNCT
cjfa-13875	138	18	short	short	ADJ
cjfa-13875	138	19	sell	sell	NOUN
cjfa-13875	138	20	)	)	PUNCT
cjfa-13875	138	21	.	.	PUNCT
cjfa-13875	139	1	table	table	NOUN
cjfa-13875	139	2	4	4	NUM
cjfa-13875	139	3	.	.	PUNCT
cjfa-13875	140	1	an	an	DET
cjfa-13875	140	2	average	average	ADJ
cjfa-13875	140	3	potential	potential	ADJ
cjfa-13875	140	4	rate	rate	NOUN
cjfa-13875	140	5	of	of	ADP
cjfa-13875	140	6	return	return	NOUN
cjfa-13875	140	7	company	company	NOUN
cjfa-13875	140	8	average	average	ADJ
cjfa-13875	140	9	potential	potential	ADJ
cjfa-13875	140	10	rate	rate	NOUN
cjfa-13875	140	11	of	of	ADP
cjfa-13875	140	12	return	return	NOUN
cjfa-13875	140	13	(	(	PUNCT
cjfa-13875	140	14	avg	avg	NOUN
cjfa-13875	140	15	r	r	PROPN
cjfa-13875	140	16	p	p	NOUN
cjfa-13875	140	17	)	)	PUNCT
cjfa-13875	140	18	for	for	ADP
cjfa-13875	140	19	all	all	DET
cjfa-13875	140	20	recommendations	recommendation	NOUN
cjfa-13875	140	21	for	for	ADP
cjfa-13875	140	22	recommendations	recommendation	NOUN
cjfa-13875	140	23	forecasting	forecast	VERB
cjfa-13875	140	24	price	price	NOUN
cjfa-13875	140	25	increase	increase	NOUN
cjfa-13875	140	26	for	for	ADP
cjfa-13875	140	27	recommendations	recommendation	NOUN
cjfa-13875	140	28	forecasting	forecasting	NOUN
cjfa-13875	140	29	price	price	NOUN
cjfa-13875	140	30	decrease	decrease	NOUN
cjfa-13875	140	31	kghm	kghm	VERB
cjfa-13875	140	32	12.3	12.3	NUM
cjfa-13875	140	33	%	%	NOUN
cjfa-13875	140	34	13.1	13.1	NUM
cjfa-13875	140	35	%	%	NOUN
cjfa-13875	140	36	10.5	10.5	NUM
cjfa-13875	140	37	%	%	NOUN
cjfa-13875	140	38	pkn	pkn	PROPN
cjfa-13875	140	39	12.5	12.5	NUM
cjfa-13875	140	40	%	%	NOUN
cjfa-13875	140	41	14.3	14.3	NUM
cjfa-13875	140	42	%	%	NOUN
cjfa-13875	140	43	10.5	10.5	NUM
cjfa-13875	140	44	%	%	NOUN
cjfa-13875	140	45	pkobp	pkobp	NOUN
cjfa-13875	140	46	17.0	17.0	NUM
cjfa-13875	140	47	%	%	NOUN
cjfa-13875	140	48	18.0	18.0	NUM
cjfa-13875	140	49	%	%	NOUN
cjfa-13875	140	50	6.6	6.6	NUM
cjfa-13875	140	51	%	%	NOUN
cjfa-13875	140	52	pekao	pekao	NOUN
cjfa-13875	140	53	9.4	9.4	NUM
cjfa-13875	140	54	%	%	NOUN
cjfa-13875	140	55	10.4	10.4	NUM
cjfa-13875	140	56	%	%	NOUN
cjfa-13875	140	57	7.7	7.7	NUM
cjfa-13875	140	58	%	%	NOUN
cjfa-13875	140	59	pzu	pzu	NOUN
cjfa-13875	140	60	10.0	10.0	NUM
cjfa-13875	140	61	%	%	NOUN
cjfa-13875	140	62	10.6	10.6	NUM
cjfa-13875	140	63	%	%	NOUN
cjfa-13875	140	64	5.9	5.9	NUM
cjfa-13875	140	65	%	%	NOUN
cjfa-13875	140	66	s	s	PART
cjfa-13875	140	67	o	o	NOUN
cjfa-13875	140	68	u	u	NOUN
cjfa-13875	140	69	r	r	NOUN
cjfa-13875	140	70	c	c	NOUN
cjfa-13875	140	71	e	e	NOUN
cjfa-13875	140	72	:	:	PUNCT
cjfa-13875	140	73	own	own	ADJ
cjfa-13875	140	74	study	study	NOUN
cjfa-13875	140	75	based	base	VERB
cjfa-13875	140	76	on	on	ADP
cjfa-13875	140	77	carried	carry	VERB
cjfa-13875	140	78	out	out	ADP
cjfa-13875	140	79	calculations	calculation	NOUN
cjfa-13875	140	80	.	.	PUNCT
cjfa-13875	141	1	an	an	DET
cjfa-13875	141	2	analysis	analysis	NOUN
cjfa-13875	141	3	of	of	ADP
cjfa-13875	141	4	brokerage	brokerage	NOUN
cjfa-13875	141	5	recommendations	recommendation	NOUN
cjfa-13875	141	6	…	…	PUNCT
cjfa-13875	141	7	cent	cent	NOUN
cjfa-13875	141	8	,	,	PUNCT
cjfa-13875	141	9	the	the	DET
cjfa-13875	141	10	target	target	NOUN
cjfa-13875	141	11	price	price	NOUN
cjfa-13875	141	12	was	be	AUX
cjfa-13875	141	13	not	not	PART
cjfa-13875	141	14	reached	reach	VERB
cjfa-13875	141	15	.	.	PUNCT
cjfa-13875	142	1	the	the	DET
cjfa-13875	142	2	analysts	analyst	NOUN
cjfa-13875	142	3	made	make	VERB
cjfa-13875	142	4	the	the	DET
cjfa-13875	142	5	fewest	few	ADJ
cjfa-13875	142	6	mistakes	mistake	NOUN
cjfa-13875	142	7	table	table	NOUN
cjfa-13875	142	8	5	5	NUM
cjfa-13875	142	9	.	.	PUNCT
cjfa-13875	143	1	the	the	DET
cjfa-13875	143	2	percentage	percentage	NOUN
cjfa-13875	143	3	of	of	ADP
cjfa-13875	143	4	realized	realize	VERB
cjfa-13875	143	5	and	and	CCONJ
cjfa-13875	143	6	unrealized	unrealized	ADJ
cjfa-13875	143	7	recommendations	recommendation	NOUN
cjfa-13875	143	8	company	company	NOUN
cjfa-13875	143	9	realized	realize	VERB
cjfa-13875	143	10	recommendations	recommendation	NOUN
cjfa-13875	143	11	unrealized	unrealized	ADJ
cjfa-13875	143	12	recommendations	recommendation	NOUN
cjfa-13875	143	13	kghm	kghm	VERB
cjfa-13875	143	14	78	78	NUM
cjfa-13875	143	15	%	%	NOUN
cjfa-13875	143	16	22	22	NUM
cjfa-13875	143	17	%	%	NOUN
cjfa-13875	143	18	pkn	pkn	PROPN
cjfa-13875	143	19	69	69	NUM
cjfa-13875	143	20	%	%	NOUN
cjfa-13875	143	21	31	31	NUM
cjfa-13875	143	22	%	%	NOUN
cjfa-13875	143	23	pkobp	pkobp	NOUN
cjfa-13875	143	24	39	39	NUM
cjfa-13875	143	25	%	%	NOUN
cjfa-13875	143	26	61	61	NUM
cjfa-13875	143	27	%	%	NOUN
cjfa-13875	143	28	pekao	pekao	NOUN
cjfa-13875	143	29	80	80	NUM
cjfa-13875	143	30	%	%	NOUN
cjfa-13875	143	31	20	20	NUM
cjfa-13875	143	32	%	%	NOUN
cjfa-13875	143	33	pzu	pzu	NOUN
cjfa-13875	143	34	73	73	NUM
cjfa-13875	143	35	%	%	NOUN
cjfa-13875	143	36	27	27	NUM
cjfa-13875	143	37	%	%	NOUN
cjfa-13875	143	38	in	in	ADP
cjfa-13875	143	39	total	total	ADJ
cjfa-13875	143	40	68	68	NUM
cjfa-13875	143	41	%	%	NOUN
cjfa-13875	143	42	32	32	NUM
cjfa-13875	143	43	%	%	NOUN
cjfa-13875	143	44	s	s	PART
cjfa-13875	143	45	o	o	NOUN
cjfa-13875	143	46	u	u	NOUN
cjfa-13875	143	47	r	r	NOUN
cjfa-13875	143	48	c	c	NOUN
cjfa-13875	143	49	e	e	NOUN
cjfa-13875	143	50	:	:	PUNCT
cjfa-13875	143	51	own	own	ADJ
cjfa-13875	143	52	study	study	NOUN
cjfa-13875	143	53	based	base	VERB
cjfa-13875	143	54	on	on	ADP
cjfa-13875	143	55	carried	carry	VERB
cjfa-13875	143	56	out	out	ADP
cjfa-13875	143	57	calculations	calculation	NOUN
cjfa-13875	143	58	.	.	PUNCT
cjfa-13875	144	1	od	od	INTJ
cjfa-13875	144	2	of	of	ADP
cjfa-13875	144	3	time	time	NOUN
cjfa-13875	144	4	,	,	PUNCT
cjfa-13875	144	5	in	in	ADP
cjfa-13875	144	6	the	the	DET
cjfa-13875	144	7	case	case	NOUN
cjfa-13875	144	8	of	of	ADP
cjfa-13875	144	9	12	12	NUM
cjfa-13875	144	10	per	per	ADP
cjfa-13875	144	11	cent	cent	NOUN
cjfa-13875	144	12	of	of	ADP
cjfa-13875	144	13	recommendations	recommendation	NOUN
cjfa-13875	144	14	the	the	DET
cjfa-13875	144	15	target	target	NOUN
cjfa-13875	144	16	price	price	NOUN
cjfa-13875	144	17	was	be	AUX
cjfa-13875	144	18	reached	reach	VERB
cjfa-13875	144	19	in	in	ADP
cjfa-13875	144	20	an	an	DET
cjfa-13875	144	21	mid	mid	ADJ
cjfa-13875	144	22	period	period	NOUN
cjfa-13875	144	23	of	of	ADP
cjfa-13875	144	24	time	time	NOUN
cjfa-13875	144	25	,	,	PUNCT
cjfa-13875	144	26	whereas	whereas	SCONJ
cjfa-13875	144	27	in	in	ADP
cjfa-13875	144	28	the	the	DET
cjfa-13875	144	29	case	case	NOUN
cjfa-13875	144	30	of	of	ADP
cjfa-13875	144	31	12	12	NUM
cjfa-13875	144	32	per	per	ADP
cjfa-13875	144	33	cent	cent	NOUN
cjfa-13875	144	34	of	of	ADP
cjfa-13875	144	35	recommendations	recommendation	NOUN
cjfa-13875	144	36	the	the	DET
cjfa-13875	144	37	period	period	NOUN
cjfa-13875	144	38	of	of	ADP
cjfa-13875	144	39	at	at	ADV
cjfa-13875	144	40	least	least	ADV
cjfa-13875	144	41	6	6	NUM
cjfa-13875	144	42	months	month	NOUN
cjfa-13875	144	43	was	be	AUX
cjfa-13875	144	44	necessary	necessary	ADJ
cjfa-13875	144	45	to	to	PART
cjfa-13875	144	46	reach	reach	VERB
cjfa-13875	144	47	the	the	DET
cjfa-13875	144	48	target	target	NOUN
cjfa-13875	144	49	price	price	NOUN
cjfa-13875	144	50	.	.	PUNCT
cjfa-13875	145	1	table	table	NOUN
cjfa-13875	145	2	6	6	NUM
cjfa-13875	145	3	.	.	PUNCT
cjfa-13875	146	1	fulfilment	fulfilment	NOUN
cjfa-13875	146	2	of	of	ADP
cjfa-13875	146	3	recommendations	recommendation	NOUN
cjfa-13875	146	4	in	in	ADP
cjfa-13875	146	5	relation	relation	NOUN
cjfa-13875	146	6	to	to	ADP
cjfa-13875	146	7	time	time	NOUN
cjfa-13875	146	8	horizon	horizon	PROPN
cjfa-13875	146	9	company	company	NOUN
cjfa-13875	146	10	in	in	ADP
cjfa-13875	146	11	the	the	DET
cjfa-13875	146	12	short	short	ADJ
cjfa-13875	146	13	term	term	NOUN
cjfa-13875	146	14	in	in	ADP
cjfa-13875	146	15	the	the	DET
cjfa-13875	146	16	mid	mid	ADJ
cjfa-13875	146	17	term	term	NOUN
cjfa-13875	146	18	in	in	ADP
cjfa-13875	146	19	the	the	DET
cjfa-13875	146	20	long	long	ADJ
cjfa-13875	146	21	term	term	NOUN
cjfa-13875	146	22	unrealized	unrealize	VERB
cjfa-13875	146	23	in	in	ADP
cjfa-13875	146	24	total	total	ADJ
cjfa-13875	146	25	number	number	NOUN
cjfa-13875	146	26	percentage	percentage	NOUN
cjfa-13875	146	27	number	number	NOUN
cjfa-13875	146	28	percentage	percentage	NOUN
cjfa-13875	146	29	number	number	NOUN
cjfa-13875	146	30	percentage	percentage	NOUN
cjfa-13875	146	31	number	number	NOUN
cjfa-13875	146	32	percentage	percentage	NOUN
cjfa-13875	146	33	kghm	kghm	VERB
cjfa-13875	146	34	87	87	NUM
cjfa-13875	146	35	60	60	NUM
cjfa-13875	146	36	%	%	NOUN
cjfa-13875	146	37	14	14	NUM
cjfa-13875	146	38	10	10	NUM
cjfa-13875	146	39	%	%	NOUN
cjfa-13875	146	40	12	12	NUM
cjfa-13875	146	41	8	8	NUM
cjfa-13875	146	42	%	%	NOUN
cjfa-13875	146	43	32	32	NUM
cjfa-13875	146	44	22	22	NUM
cjfa-13875	146	45	%	%	NOUN
cjfa-13875	146	46	145	145	NUM
cjfa-13875	146	47	pkn	pkn	PROPN
cjfa-13875	146	48	46	46	NUM
cjfa-13875	146	49	39	39	NUM
cjfa-13875	146	50	%	%	NOUN
cjfa-13875	146	51	16	16	NUM
cjfa-13875	146	52	14	14	NUM
cjfa-13875	146	53	%	%	NOUN
cjfa-13875	146	54	20	20	NUM
cjfa-13875	146	55	17	17	NUM
cjfa-13875	146	56	%	%	NOUN
cjfa-13875	146	57	36	36	NUM
cjfa-13875	146	58	31	31	NUM
cjfa-13875	146	59	%	%	NOUN
cjfa-13875	146	60	118	118	NUM
cjfa-13875	146	61	pkobp	pkobp	NOUN
cjfa-13875	146	62	27	27	NUM
cjfa-13875	146	63	22	22	NUM
cjfa-13875	146	64	%	%	NOUN
cjfa-13875	146	65	8	8	NUM
cjfa-13875	146	66	6	6	NUM
cjfa-13875	146	67	%	%	NOUN
cjfa-13875	146	68	14	14	NUM
cjfa-13875	146	69	11	11	NUM
cjfa-13875	146	70	%	%	NOUN
cjfa-13875	146	71	76	76	NUM
cjfa-13875	146	72	61	61	NUM
cjfa-13875	146	73	%	%	NOUN
cjfa-13875	146	74	125	125	NUM
cjfa-13875	146	75	pekao	pekao	NOUN
cjfa-13875	146	76	64	64	NUM
cjfa-13875	146	77	53	53	NUM
cjfa-13875	146	78	%	%	NOUN
cjfa-13875	146	79	16	16	NUM
cjfa-13875	146	80	13	13	NUM
cjfa-13875	146	81	%	%	NOUN
cjfa-13875	146	82	17	17	NUM
cjfa-13875	146	83	14	14	NUM
cjfa-13875	146	84	%	%	NOUN
cjfa-13875	146	85	24	24	NUM
cjfa-13875	146	86	20	20	NUM
cjfa-13875	146	87	%	%	NOUN
cjfa-13875	146	88	121	121	NUM
cjfa-13875	146	89	pzu	pzu	NOUN
cjfa-13875	146	90	42	42	NUM
cjfa-13875	146	91	47	47	NUM
cjfa-13875	146	92	%	%	NOUN
cjfa-13875	146	93	15	15	NUM
cjfa-13875	146	94	17	17	NUM
cjfa-13875	146	95	%	%	NOUN
cjfa-13875	146	96	8	8	NUM
cjfa-13875	146	97	9	9	NUM
cjfa-13875	146	98	%	%	NOUN
cjfa-13875	146	99	24	24	NUM
cjfa-13875	146	100	27	27	NUM
cjfa-13875	146	101	%	%	NOUN
cjfa-13875	146	102	89	89	NUM
cjfa-13875	146	103	in	in	ADP
cjfa-13875	146	104	total	total	ADJ
cjfa-13875	146	105	266	266	NUM
cjfa-13875	146	106	44	44	NUM
cjfa-13875	146	107	%	%	NOUN
cjfa-13875	146	108	69	69	NUM
cjfa-13875	146	109	12	12	NUM
cjfa-13875	146	110	%	%	NOUN
cjfa-13875	146	111	71	71	NUM
cjfa-13875	146	112	12	12	NUM
cjfa-13875	146	113	%	%	NOUN
cjfa-13875	146	114	192	192	NUM
cjfa-13875	146	115	32	32	NUM
cjfa-13875	146	116	%	%	NOUN
cjfa-13875	146	117	598	598	NUM
cjfa-13875	146	118	s	s	NOUN
cjfa-13875	146	119	o	o	NOUN
cjfa-13875	146	120	u	u	NOUN
cjfa-13875	146	121	r	r	NOUN
cjfa-13875	146	122	c	c	NOUN
cjfa-13875	146	123	e	e	NOUN
cjfa-13875	146	124	:	:	PUNCT
cjfa-13875	146	125	own	own	ADJ
cjfa-13875	146	126	study	study	NOUN
cjfa-13875	146	127	based	base	VERB
cjfa-13875	146	128	on	on	ADP
cjfa-13875	146	129	carried	carry	VERB
cjfa-13875	146	130	out	out	ADP
cjfa-13875	146	131	calculations	calculation	NOUN
cjfa-13875	146	132	.	.	PUNCT
cjfa-13875	147	1	zbigniew	zbigniew	PROPN
cjfa-13875	147	2	drewniak	drewniak	PROPN
cjfa-13875	147	3	spite	spite	PROPN
cjfa-13875	147	4	reaching	reach	VERB
cjfa-13875	147	5	the	the	DET
cjfa-13875	147	6	target	target	NOUN
cjfa-13875	147	7	price	price	NOUN
cjfa-13875	147	8	,	,	PUNCT
cjfa-13875	147	9	wig20	wig20	PROPN
cjfa-13875	147	10	index	index	NOUN
cjfa-13875	147	11	noted	note	VERB
cjfa-13875	147	12	a	a	DET
cjfa-13875	147	13	higher	high	ADJ
cjfa-13875	147	14	increase	increase	NOUN
cjfa-13875	147	15	compared	compare	VERB
cjfa-13875	147	16	with	with	ADP
cjfa-13875	147	17	the	the	DET
cjfa-13875	147	18	corresponding	corresponding	ADJ
cjfa-13875	147	19	period	period	NOUN
cjfa-13875	147	20	.	.	PUNCT
cjfa-13875	148	1	it	it	PRON
cjfa-13875	148	2	was	be	AUX
cjfa-13875	148	3	therefore	therefore	ADV
cjfa-13875	148	4	possible	possible	ADJ
cjfa-13875	148	5	to	to	PART
cjfa-13875	148	6	find	find	VERB
cjfa-13875	148	7	an	an	DET
cjfa-13875	148	8	alternative	alternative	ADJ
cjfa-13875	148	9	investment	investment	NOUN
cjfa-13875	148	10	on	on	ADP
cjfa-13875	148	11	the	the	DET
cjfa-13875	148	12	market	market	NOUN
cjfa-13875	148	13	that	that	PRON
cjfa-13875	148	14	would	would	AUX
cjfa-13875	148	15	have	have	AUX
cjfa-13875	148	16	brought	bring	VERB
cjfa-13875	148	17	a	a	DET
cjfa-13875	148	18	higher	high	ADJ
cjfa-13875	148	19	rate	rate	NOUN
cjfa-13875	148	20	of	of	ADP
cjfa-13875	148	21	return	return	NOUN
cjfa-13875	148	22	(	(	PUNCT
cjfa-13875	148	23	table	table	NOUN
cjfa-13875	148	24	7	7	NUM
cjfa-13875	148	25	)	)	PUNCT
cjfa-13875	148	26	.	.	PUNCT
cjfa-13875	149	1	table	table	NOUN
cjfa-13875	149	2	7	7	NUM
cjfa-13875	149	3	.	.	PUNCT
cjfa-13875	150	1	the	the	DET
cjfa-13875	150	2	number	number	NOUN
cjfa-13875	150	3	of	of	ADP
cjfa-13875	150	4	realized	realize	VERB
cjfa-13875	150	5	recommendations	recommendation	NOUN
cjfa-13875	150	6	but	but	CCONJ
cjfa-13875	150	7	with	with	ADP
cjfa-13875	150	8	a	a	DET
cjfa-13875	150	9	lower	low	ADJ
cjfa-13875	150	10	rate	rate	NOUN
cjfa-13875	150	11	of	of	ADP
cjfa-13875	150	12	return	return	NOUN
cjfa-13875	150	13	than	than	SCONJ
cjfa-13875	150	14	wig20	wig20	PROPN
cjfa-13875	150	15	index	index	NOUN
cjfa-13875	150	16	compared	compare	VERB
cjfa-13875	150	17	with	with	ADP
cjfa-13875	150	18	the	the	DET
cjfa-13875	150	19	corresponding	corresponding	ADJ
cjfa-13875	150	20	period	period	NOUN
cjfa-13875	150	21	company	company	NOUN
cjfa-13875	150	22	number	number	NOUN
cjfa-13875	150	23	the	the	DET
cjfa-13875	150	24	share	share	NOUN
cjfa-13875	150	25	in	in	ADP
cjfa-13875	150	26	realized	realize	VERB
cjfa-13875	150	27	recommendations	recommendation	NOUN
cjfa-13875	150	28	kghm	kghm	VERB
cjfa-13875	150	29	11	11	NUM
cjfa-13875	150	30	10	10	NUM
cjfa-13875	150	31	%	%	NOUN
cjfa-13875	150	32	pkn	pkn	PROPN
cjfa-13875	150	33	7	7	NUM
cjfa-13875	150	34	9	9	NUM
cjfa-13875	150	35	%	%	NOUN
cjfa-13875	150	36	pkobp	pkobp	NOUN
cjfa-13875	150	37	11	11	NUM
cjfa-13875	150	38	22	22	NUM
cjfa-13875	150	39	%	%	NOUN
cjfa-13875	150	40	pekao	pekao	NOUN
cjfa-13875	150	41	16	16	NUM
cjfa-13875	150	42	16	16	NUM
cjfa-13875	150	43	%	%	NOUN
cjfa-13875	150	44	pzu	pzu	VERB
cjfa-13875	150	45	11	11	NUM
cjfa-13875	150	46	17	17	NUM
cjfa-13875	150	47	%	%	NOUN
cjfa-13875	150	48	in	in	ADP
cjfa-13875	150	49	total	total	ADJ
cjfa-13875	150	50	56	56	NUM
cjfa-13875	150	51	14	14	NUM
cjfa-13875	150	52	%	%	NOUN
cjfa-13875	150	53	s	s	PART
cjfa-13875	150	54	o	o	NOUN
cjfa-13875	150	55	u	u	NOUN
cjfa-13875	150	56	r	r	NOUN
cjfa-13875	150	57	c	c	NOUN
cjfa-13875	150	58	e	e	NOUN
cjfa-13875	150	59	:	:	PUNCT
cjfa-13875	150	60	own	own	ADJ
cjfa-13875	150	61	study	study	NOUN
cjfa-13875	150	62	based	base	VERB
cjfa-13875	150	63	on	on	ADP
cjfa-13875	150	64	carried	carry	VERB
cjfa-13875	150	65	out	out	ADP
cjfa-13875	150	66	calculations	calculation	NOUN
cjfa-13875	150	67	.	.	PUNCT
cjfa-13875	151	1	the	the	DET
cjfa-13875	151	2	target	target	NOUN
cjfa-13875	151	3	price	price	NOUN
cjfa-13875	151	4	was	be	AUX
cjfa-13875	151	5	reached	reach	VERB
cjfa-13875	151	6	fastest	fast	ADV
cjfa-13875	151	7	in	in	ADP
cjfa-13875	151	8	the	the	DET
cjfa-13875	151	9	case	case	NOUN
cjfa-13875	151	10	of	of	ADP
cjfa-13875	151	11	the	the	DET
cjfa-13875	151	12	recommendations	recommendation	NOUN
cjfa-13875	151	13	for	for	ADP
cjfa-13875	151	14	table	table	NOUN
cjfa-13875	151	15	8	8	NUM
cjfa-13875	151	16	.	.	PUNCT
cjfa-13875	152	1	the	the	DET
cjfa-13875	152	2	average	average	ADJ
cjfa-13875	152	3	number	number	NOUN
cjfa-13875	152	4	of	of	ADP
cjfa-13875	152	5	trading	trading	NOUN
cjfa-13875	152	6	days	day	NOUN
cjfa-13875	152	7	needed	need	VERB
cjfa-13875	152	8	for	for	ADP
cjfa-13875	152	9	reaching	reach	VERB
cjfa-13875	152	10	the	the	DET
cjfa-13875	152	11	target	target	NOUN
cjfa-13875	152	12	price	price	NOUN
cjfa-13875	152	13	for	for	ADP
cjfa-13875	152	14	realized	realize	VERB
cjfa-13875	152	15	recommendations	recommendation	NOUN
cjfa-13875	152	16	company	company	NOUN
cjfa-13875	152	17	average	average	ADJ
cjfa-13875	152	18	number	number	NOUN
cjfa-13875	152	19	of	of	ADP
cjfa-13875	152	20	days	day	NOUN
cjfa-13875	152	21	(	(	PUNCT
cjfa-13875	152	22	avg	avg	NOUN
cjfa-13875	152	23	d	d	PROPN
cjfa-13875	152	24	i	i	PROPN
cjfa-13875	152	25	)	)	PUNCT
cjfa-13875	152	26	kghm	kghm	VERB
cjfa-13875	152	27	47	47	NUM
cjfa-13875	152	28	pkn	pkn	PROPN
cjfa-13875	152	29	74	74	NUM
cjfa-13875	152	30	pkobp	pkobp	PROPN
cjfa-13875	152	31	85	85	NUM
cjfa-13875	152	32	pekao	pekao	NOUN
cjfa-13875	152	33	58	58	NUM
cjfa-13875	152	34	pzu	pzu	NOUN
cjfa-13875	152	35	58	58	NUM
cjfa-13875	152	36	s	s	NOUN
cjfa-13875	152	37	o	o	NOUN
cjfa-13875	152	38	u	u	NOUN
cjfa-13875	152	39	r	r	NOUN
cjfa-13875	152	40	c	c	NOUN
cjfa-13875	152	41	e	e	NOUN
cjfa-13875	152	42	:	:	PUNCT
cjfa-13875	152	43	own	own	ADJ
cjfa-13875	152	44	study	study	NOUN
cjfa-13875	152	45	based	base	VERB
cjfa-13875	152	46	on	on	ADP
cjfa-13875	152	47	carried	carry	VERB
cjfa-13875	152	48	out	out	ADP
cjfa-13875	152	49	calculations	calculation	NOUN
cjfa-13875	152	50	.	.	PUNCT
cjfa-13875	153	1	an	an	DET
cjfa-13875	153	2	analysis	analysis	NOUN
cjfa-13875	153	3	of	of	ADP
cjfa-13875	153	4	brokerage	brokerage	NOUN
cjfa-13875	153	5	recommendations	recommendation	NOUN
cjfa-13875	153	6	…	…	PUNCT
cjfa-13875	153	7	recommendations	recommendation	NOUN
cjfa-13875	153	8	,	,	PUNCT
cjfa-13875	153	9	an	an	DET
cjfa-13875	153	10	average	average	ADJ
cjfa-13875	153	11	rate	rate	NOUN
cjfa-13875	153	12	of	of	ADP
cjfa-13875	153	13	return	return	NOUN
cjfa-13875	153	14	was	be	AUX
cjfa-13875	153	15	by	by	ADP
cjfa-13875	153	16	about	about	ADV
cjfa-13875	153	17	7	7	NUM
cjfa-13875	153	18	percentage	percentage	NOUN
cjfa-13875	153	19	points	point	NOUN
cjfa-13875	153	20	higher	high	ADJ
cjfa-13875	153	21	than	than	ADP
cjfa-13875	153	22	a	a	DET
cjfa-13875	153	23	change	change	NOUN
cjfa-13875	153	24	of	of	ADP
cjfa-13875	153	25	wig20	wig20	PROPN
cjfa-13875	153	26	index	index	NOUN
cjfa-13875	153	27	in	in	ADP
cjfa-13875	153	28	a	a	DET
cjfa-13875	153	29	corresponding	corresponding	ADJ
cjfa-13875	153	30	period	period	NOUN
cjfa-13875	153	31	of	of	ADP
cjfa-13875	153	32	time	time	NOUN
cjfa-13875	153	33	(	(	PUNCT
cjfa-13875	153	34	tatable	tatable	NOUN
cjfa-13875	153	35	9	9	NUM
cjfa-13875	153	36	.	.	PUNCT
cjfa-13875	154	1	an	an	DET
cjfa-13875	154	2	average	average	ADJ
cjfa-13875	154	3	rate	rate	NOUN
cjfa-13875	154	4	of	of	ADP
cjfa-13875	154	5	return	return	NOUN
cjfa-13875	154	6	for	for	ADP
cjfa-13875	154	7	realized	realize	VERB
cjfa-13875	154	8	recommendations	recommendation	NOUN
cjfa-13875	154	9	company	company	VERB
cjfa-13875	154	10	an	an	DET
cjfa-13875	154	11	average	average	ADJ
cjfa-13875	154	12	rate	rate	NOUN
cjfa-13875	154	13	of	of	ADP
cjfa-13875	154	14	return	return	NOUN
cjfa-13875	154	15	of	of	ADP
cjfa-13875	154	16	a	a	DET
cjfa-13875	154	17	realized	realize	VERB
cjfa-13875	154	18	recommendation	recommendation	NOUN
cjfa-13875	154	19	an	an	DET
cjfa-13875	154	20	average	average	ADJ
cjfa-13875	154	21	difference	difference	NOUN
cjfa-13875	154	22	between	between	ADP
cjfa-13875	154	23	a	a	DET
cjfa-13875	154	24	rate	rate	NOUN
cjfa-13875	154	25	of	of	ADP
cjfa-13875	154	26	return	return	NOUN
cjfa-13875	154	27	of	of	ADP
cjfa-13875	154	28	a	a	DET
cjfa-13875	154	29	realized	realize	VERB
cjfa-13875	154	30	recommendation	recommendation	NOUN
cjfa-13875	154	31	and	and	CCONJ
cjfa-13875	154	32	wig20	wig20	VERB
cjfa-13875	154	33	rate	rate	NOUN
cjfa-13875	154	34	of	of	ADP
cjfa-13875	154	35	return	return	NOUN
cjfa-13875	154	36	(	(	PUNCT
cjfa-13875	154	37	avg	avg	NOUN
cjfa-13875	154	38	m	m	PROPN
cjfa-13875	154	39	p	p	NOUN
cjfa-13875	154	40	)	)	PUNCT
cjfa-13875	154	41	kghm	kghm	PROPN
cjfa-13875	154	42	10.78	10.78	NUM
cjfa-13875	154	43	%	%	NOUN
cjfa-13875	154	44	6.96	6.96	NUM
cjfa-13875	154	45	%	%	NOUN
cjfa-13875	154	46	pkn	pkn	PROPN
cjfa-13875	154	47	10.86	10.86	NUM
cjfa-13875	154	48	%	%	NOUN
cjfa-13875	154	49	7.09	7.09	NUM
cjfa-13875	154	50	%	%	NOUN
cjfa-13875	154	51	pkobp	pkobp	NOUN
cjfa-13875	154	52	9.88	9.88	NUM
cjfa-13875	154	53	%	%	NOUN
cjfa-13875	154	54	5.59	5.59	NUM
cjfa-13875	154	55	%	%	NOUN
cjfa-13875	154	56	pekao	pekao	NOUN
cjfa-13875	154	57	7.15	7.15	NUM
cjfa-13875	154	58	%	%	NOUN
cjfa-13875	154	59	3.29	3.29	NUM
cjfa-13875	154	60	%	%	NOUN
cjfa-13875	154	61	pzu	pzu	NOUN
cjfa-13875	154	62	7.95	7.95	NUM
cjfa-13875	154	63	%	%	NOUN
cjfa-13875	154	64	5.28	5.28	NUM
cjfa-13875	154	65	%	%	NOUN
cjfa-13875	154	66	s	s	PART
cjfa-13875	154	67	o	o	NOUN
cjfa-13875	154	68	u	u	NOUN
cjfa-13875	154	69	r	r	NOUN
cjfa-13875	154	70	c	c	NOUN
cjfa-13875	154	71	e	e	NOUN
cjfa-13875	154	72	:	:	PUNCT
cjfa-13875	154	73	own	own	ADJ
cjfa-13875	154	74	study	study	NOUN
cjfa-13875	154	75	based	base	VERB
cjfa-13875	154	76	on	on	ADP
cjfa-13875	154	77	carried	carry	VERB
cjfa-13875	154	78	out	out	ADP
cjfa-13875	154	79	calculations	calculation	NOUN
cjfa-13875	154	80	.	.	PUNCT
cjfa-13875	155	1	comparing	compare	VERB
cjfa-13875	155	2	the	the	DET
cjfa-13875	155	3	rate	rate	NOUN
cjfa-13875	155	4	of	of	ADP
cjfa-13875	155	5	return	return	NOUN
cjfa-13875	155	6	for	for	ADP
cjfa-13875	155	7	realized	realize	VERB
cjfa-13875	155	8	recommendations	recommendation	NOUN
cjfa-13875	155	9	with	with	ADP
cjfa-13875	155	10	the	the	DET
cjfa-13875	155	11	number	number	NOUN
cjfa-13875	155	12	of	of	ADP
cjfa-13875	155	13	trading	trading	NOUN
cjfa-13875	155	14	days	day	NOUN
cjfa-13875	155	15	needed	need	VERB
cjfa-13875	155	16	for	for	ADP
cjfa-13875	155	17	their	their	PRON
cjfa-13875	155	18	fulfilment	fulfilment	NOUN
cjfa-13875	155	19	,	,	PUNCT
cjfa-13875	155	20	it	it	PRON
cjfa-13875	155	21	can	can	AUX
cjfa-13875	155	22	be	be	AUX
cjfa-13875	155	23	stated	state	VERB
cjfa-13875	155	24	that	that	SCONJ
cjfa-13875	155	25	in	in	ADP
cjfa-13875	155	26	a	a	DET
cjfa-13875	155	27	short	short	ADJ
cjfa-13875	155	28	period	period	NOUN
cjfa-13875	155	29	of	of	ADP
cjfa-13875	155	30	time	time	NOUN
cjfa-13875	155	31	the	the	DET
cjfa-13875	155	32	highest	high	ADJ
cjfa-13875	155	33	rate	rate	NOUN
cjfa-13875	155	34	of	of	ADP
cjfa-13875	155	35	return	return	NOUN
cjfa-13875	155	36	on	on	ADP
cjfa-13875	155	37	a	a	DET
cjfa-13875	155	38	trading	trading	NOUN
cjfa-13875	155	39	day	day	NOUN
cjfa-13875	155	40	was	be	AUX
cjfa-13875	155	41	noted	note	VERB
cjfa-13875	155	42	for	for	ADP
cjfa-13875	155	43	investments	investment	NOUN
cjfa-13875	155	44	in	in	ADP
cjfa-13875	155	45	the	the	DET
cjfa-13875	155	46	shares	share	NOUN
cjfa-13875	155	47	of	of	ADP
cjfa-13875	155	48	kghm	kghm	PROPN
cjfa-13875	155	49	.	.	PUNCT
cjfa-13875	156	1	in	in	ADP
cjfa-13875	156	2	an	an	DET
cjfa-13875	156	3	mid	mid	ADJ
cjfa-13875	156	4	period	period	NOUN
cjfa-13875	156	5	of	of	ADP
cjfa-13875	156	6	time	time	NOUN
cjfa-13875	156	7	,	,	PUNCT
cjfa-13875	156	8	the	the	DET
cjfa-13875	156	9	recommendations	recommendation	NOUN
cjfa-13875	156	10	table	table	VERB
cjfa-13875	156	11	10	10	NUM
cjfa-13875	156	12	.	.	PUNCT
cjfa-13875	157	1	the	the	DET
cjfa-13875	157	2	rate	rate	NOUN
cjfa-13875	157	3	of	of	ADP
cjfa-13875	157	4	return	return	NOUN
cjfa-13875	157	5	for	for	ADP
cjfa-13875	157	6	a	a	DET
cjfa-13875	157	7	realized	realize	VERB
cjfa-13875	157	8	recommendation	recommendation	NOUN
cjfa-13875	157	9	on	on	ADP
cjfa-13875	157	10	a	a	DET
cjfa-13875	157	11	trading	trading	NOUN
cjfa-13875	157	12	day	day	NOUN
cjfa-13875	157	13	company	company	NOUN
cjfa-13875	157	14	a	a	DET
cjfa-13875	157	15	short	short	ADJ
cjfa-13875	157	16	period	period	NOUN
cjfa-13875	157	17	an	an	DET
cjfa-13875	157	18	mid	mid	ADJ
cjfa-13875	157	19	period	period	NOUN
cjfa-13875	157	20	a	a	DET
cjfa-13875	157	21	long	long	ADJ
cjfa-13875	157	22	period	period	NOUN
cjfa-13875	157	23	kghm	kghm	VERB
cjfa-13875	157	24	0.6406	0.6406	NUM
cjfa-13875	157	25	%	%	NOUN
cjfa-13875	157	26	0.1498	0.1498	NUM
cjfa-13875	157	27	%	%	NOUN
cjfa-13875	157	28	0.0125	0.0125	NUM
cjfa-13875	157	29	%	%	NOUN
cjfa-13875	157	30	pkn	pkn	PROPN
cjfa-13875	157	31	0.4709	0.4709	NUM
cjfa-13875	157	32	%	%	NOUN
cjfa-13875	157	33	0.1253	0.1253	NUM
cjfa-13875	157	34	%	%	NOUN
cjfa-13875	157	35	0.0277	0.0277	NUM
cjfa-13875	157	36	%	%	NOUN
cjfa-13875	157	37	pkobp	pkobp	NOUN
cjfa-13875	157	38	0.3199	0.3199	NUM
cjfa-13875	157	39	%	%	NOUN
cjfa-13875	157	40	0.1782	0.1782	NUM
cjfa-13875	157	41	%	%	NOUN
cjfa-13875	157	42	0.0024	0.0024	NUM
cjfa-13875	157	43	%	%	NOUN
cjfa-13875	157	44	pekao	pekao	NOUN
cjfa-13875	157	45	0.3673	0.3673	NUM
cjfa-13875	157	46	%	%	NOUN
cjfa-13875	157	47	0.1842	0.1842	NUM
cjfa-13875	157	48	%	%	NOUN
cjfa-13875	157	49	0.0061	0.0061	NUM
cjfa-13875	157	50	%	%	NOUN
cjfa-13875	157	51	pzu	pzu	NOUN
cjfa-13875	157	52	0.3476	0.3476	NUM
cjfa-13875	157	53	%	%	NOUN
cjfa-13875	157	54	0.1764	0.1764	NUM
cjfa-13875	157	55	%	%	NOUN
cjfa-13875	157	56	0.0235	0.0235	NUM
cjfa-13875	157	57	%	%	NOUN
cjfa-13875	157	58	s	s	PART
cjfa-13875	157	59	o	o	NOUN
cjfa-13875	157	60	u	u	NOUN
cjfa-13875	157	61	r	r	NOUN
cjfa-13875	157	62	c	c	NOUN
cjfa-13875	157	63	e	e	NOUN
cjfa-13875	157	64	:	:	PUNCT
cjfa-13875	157	65	own	own	ADJ
cjfa-13875	157	66	study	study	NOUN
cjfa-13875	157	67	based	base	VERB
cjfa-13875	157	68	on	on	ADP
cjfa-13875	157	69	carried	carry	VERB
cjfa-13875	157	70	out	out	ADP
cjfa-13875	157	71	calculations	calculation	NOUN
cjfa-13875	157	72	.	.	PUNCT
cjfa-13875	158	1	in	in	ADP
cjfa-13875	158	2	the	the	DET
cjfa-13875	158	3	analysis	analysis	NOUN
cjfa-13875	158	4	,	,	PUNCT
cjfa-13875	158	5	the	the	DET
cjfa-13875	158	6	risk	risk	NOUN
cjfa-13875	158	7	of	of	ADP
cjfa-13875	158	8	investments	investment	NOUN
cjfa-13875	158	9	based	base	VERB
cjfa-13875	158	10	on	on	ADP
cjfa-13875	158	11	recommendations	recommendation	NOUN
cjfa-13875	158	12	was	be	AUX
cjfa-13875	158	13	also	also	ADV
cjfa-13875	158	14	assessed	assess	VERB
cjfa-13875	158	15	.	.	PUNCT
cjfa-13875	159	1	it	it	PRON
cjfa-13875	159	2	turns	turn	VERB
cjfa-13875	159	3	out	out	ADP
cjfa-13875	159	4	that	that	SCONJ
cjfa-13875	159	5	in	in	ADP
cjfa-13875	159	6	a	a	DET
cjfa-13875	159	7	short	short	ADJ
cjfa-13875	159	8	period	period	NOUN
cjfa-13875	159	9	of	of	ADP
cjfa-13875	159	10	time	time	NOUN
cjfa-13875	159	11	,	,	PUNCT
cjfa-13875	159	12	an	an	DET
cjfa-13875	159	13	average	average	ADJ
cjfa-13875	159	14	rate	rate	NOUN
cjfa-13875	159	15	of	of	ADP
cjfa-13875	159	16	return	return	NOUN
cjfa-13875	159	17	of	of	ADP
cjfa-13875	159	18	unrealized	unrealized	ADJ
cjfa-13875	159	19	recommendations	recommendation	NOUN
cjfa-13875	159	20	was	be	AUX
cjfa-13875	159	21	negative	negative	ADJ
cjfa-13875	159	22	for	for	ADP
cjfa-13875	159	23	all	all	DET
cjfa-13875	159	24	the	the	DET
cjfa-13875	159	25	companies	company	NOUN
cjfa-13875	159	26	.	.	PUNCT
cjfa-13875	160	1	this	this	PRON
cjfa-13875	160	2	proves	prove	VERB
cjfa-13875	160	3	zbigniew	zbigniew	PROPN
cjfa-13875	160	4	drewniak	drewniak	PROPN
cjfa-13875	160	5	ommendation	ommendation	NOUN
cjfa-13875	160	6	,	,	PUNCT
cjfa-13875	160	7	the	the	DET
cjfa-13875	160	8	share	share	NOUN
cjfa-13875	160	9	prices	price	NOUN
cjfa-13875	160	10	moved	move	VERB
cjfa-13875	160	11	in	in	ADP
cjfa-13875	160	12	the	the	DET
cjfa-13875	160	13	opposite	opposite	ADJ
cjfa-13875	160	14	direction	direction	NOUN
cjfa-13875	160	15	.	.	PUNCT
cjfa-13875	161	1	6	6	NUM
cjfa-13875	161	2	months	month	NOUN
cjfa-13875	161	3	after	after	ADP
cjfa-13875	161	4	issuing	issue	VERB
cjfa-13875	161	5	the	the	DET
cjfa-13875	161	6	recommendations	recommendation	NOUN
cjfa-13875	161	7	,	,	PUNCT
cjfa-13875	161	8	an	an	DET
cjfa-13875	161	9	average	average	ADJ
cjfa-13875	161	10	rate	rate	NOUN
cjfa-13875	161	11	of	of	ADP
cjfa-13875	161	12	return	return	NOUN
cjfa-13875	161	13	for	for	ADP
cjfa-13875	161	14	unrealized	unrealized	ADJ
cjfa-13875	161	15	recommendations	recommendation	NOUN
cjfa-13875	161	16	was	be	AUX
cjfa-13875	161	17	also	also	ADV
cjfa-13875	161	18	negative	negative	ADJ
cjfa-13875	161	19	.	.	PUNCT
cjfa-13875	162	1	the	the	DET
cjfa-13875	162	2	same	same	ADJ
cjfa-13875	162	3	refers	refer	VERB
cjfa-13875	162	4	to	to	ADP
cjfa-13875	162	5	the	the	DET
cjfa-13875	162	6	long	long	ADJ
cjfa-13875	162	7	period	period	NOUN
cjfa-13875	162	8	.	.	PUNCT
cjfa-13875	163	1	in	in	ADP
cjfa-13875	163	2	general	general	ADJ
cjfa-13875	163	3	,	,	PUNCT
cjfa-13875	163	4	not	not	PART
cjfa-13875	163	5	fulfilling	fulfil	VERB
cjfa-13875	163	6	recommendation	recommendation	NOUN
cjfa-13875	163	7	results	result	NOUN
cjfa-13875	163	8	in	in	ADP
cjfa-13875	163	9	losses	loss	NOUN
cjfa-13875	163	10	for	for	ADP
cjfa-13875	163	11	investor	investor	NOUN
cjfa-13875	163	12	(	(	PUNCT
cjfa-13875	163	13	table	table	NOUN
cjfa-13875	163	14	11	11	NUM
cjfa-13875	163	15	)	)	PUNCT
cjfa-13875	163	16	.	.	PUNCT
cjfa-13875	164	1	table	table	NOUN
cjfa-13875	164	2	11	11	NUM
cjfa-13875	164	3	.	.	PUNCT
cjfa-13875	165	1	an	an	DET
cjfa-13875	165	2	average	average	ADJ
cjfa-13875	165	3	rate	rate	NOUN
cjfa-13875	165	4	of	of	ADP
cjfa-13875	165	5	return	return	NOUN
cjfa-13875	165	6	of	of	ADP
cjfa-13875	165	7	unrealized	unrealized	ADJ
cjfa-13875	165	8	recommendations	recommendation	NOUN
cjfa-13875	165	9	company	company	NOUN
cjfa-13875	165	10	recommendations	recommendation	NOUN
cjfa-13875	165	11	unrealized	unrealize	VERB
cjfa-13875	165	12	in	in	ADP
cjfa-13875	165	13	a	a	DET
cjfa-13875	165	14	short	short	ADJ
cjfa-13875	165	15	period	period	NOUN
cjfa-13875	165	16	number	number	NOUN
cjfa-13875	165	17	recommendations	recommendation	NOUN
cjfa-13875	165	18	unrealized	unrealize	VERB
cjfa-13875	165	19	in	in	ADP
cjfa-13875	165	20	an	an	DET
cjfa-13875	165	21	mid	mid	ADJ
cjfa-13875	165	22	period	period	NOUN
cjfa-13875	165	23	number	number	NOUN
cjfa-13875	165	24	recommendations	recommendation	NOUN
cjfa-13875	165	25	unrealized	unrealize	VERB
cjfa-13875	165	26	in	in	ADP
cjfa-13875	165	27	a	a	DET
cjfa-13875	165	28	long	long	ADJ
cjfa-13875	165	29	period	period	NOUN
cjfa-13875	165	30	number	number	NOUN
cjfa-13875	165	31	kghm	kghm	PROPN
cjfa-13875	165	32	-5.9	-5.9	NOUN
cjfa-13875	165	33	%	%	NOUN
cjfa-13875	165	34	58	58	NUM
cjfa-13875	165	35	-11.5	-11.5	NUM
cjfa-13875	165	36	%	%	NOUN
cjfa-13875	165	37	44	44	NUM
cjfa-13875	165	38	-19.1	-19.1	NUM
cjfa-13875	165	39	%	%	NOUN
cjfa-13875	165	40	32	32	NUM
cjfa-13875	165	41	pkn	pkn	PROPN
cjfa-13875	165	42	-4.1	-4.1	PROPN
cjfa-13875	165	43	%	%	PROPN
cjfa-13875	165	44	72	72	NUM
cjfa-13875	165	45	-10.0	-10.0	NUM
cjfa-13875	165	46	%	%	NOUN
cjfa-13875	165	47	56	56	NUM
cjfa-13875	165	48	-15.8	-15.8	NOUN
cjfa-13875	165	49	%	%	NOUN
cjfa-13875	165	50	36	36	NUM
cjfa-13875	165	51	pkobp	pkobp	NOUN
cjfa-13875	165	52	-1.9	-1.9	NUM
cjfa-13875	165	53	%	%	NOUN
cjfa-13875	165	54	98	98	NUM
cjfa-13875	165	55	-2.7	-2.7	NOUN
cjfa-13875	165	56	%	%	NOUN
cjfa-13875	165	57	90	90	NUM
cjfa-13875	165	58	-10.6	-10.6	NUM
cjfa-13875	165	59	%	%	NOUN
cjfa-13875	165	60	76	76	NUM
cjfa-13875	165	61	pekao	pekao	ADJ
cjfa-13875	165	62	-1.0	-1.0	PROPN
cjfa-13875	165	63	%	%	NOUN
cjfa-13875	165	64	57	57	NUM
cjfa-13875	165	65	-0.6	-0.6	NOUN
cjfa-13875	165	66	%	%	NOUN
cjfa-13875	165	67	41	41	NUM
cjfa-13875	165	68	-1.6	-1.6	NUM
cjfa-13875	165	69	%	%	NOUN
cjfa-13875	165	70	24	24	NUM
cjfa-13875	165	71	pzu	pzu	NOUN
cjfa-13875	165	72	-2.1	-2.1	PROPN
cjfa-13875	165	73	%	%	NOUN
cjfa-13875	165	74	47	47	NUM
cjfa-13875	165	75	-4.5	-4.5	NOUN
cjfa-13875	165	76	%	%	NOUN
cjfa-13875	165	77	32	32	NUM
cjfa-13875	165	78	-8.7	-8.7	NUM
cjfa-13875	165	79	%	%	NOUN
cjfa-13875	165	80	24	24	NUM
cjfa-13875	165	81	s	s	NOUN
cjfa-13875	165	82	o	o	NOUN
cjfa-13875	165	83	u	u	NOUN
cjfa-13875	165	84	r	r	NOUN
cjfa-13875	165	85	c	c	NOUN
cjfa-13875	165	86	e	e	NOUN
cjfa-13875	165	87	:	:	PUNCT
cjfa-13875	165	88	own	own	ADJ
cjfa-13875	165	89	study	study	NOUN
cjfa-13875	165	90	based	base	VERB
cjfa-13875	165	91	on	on	ADP
cjfa-13875	165	92	carried	carry	VERB
cjfa-13875	165	93	out	out	ADP
cjfa-13875	165	94	calculations	calculation	NOUN
cjfa-13875	165	95	.	.	PUNCT
cjfa-13875	166	1	the	the	DET
cjfa-13875	166	2	maximum	maximum	ADJ
cjfa-13875	166	3	loss	loss	NOUN
cjfa-13875	166	4	from	from	ADP
cjfa-13875	166	5	an	an	DET
cjfa-13875	166	6	unrealized	unrealized	ADJ
cjfa-13875	166	7	individual	individual	ADJ
cjfa-13875	166	8	recommendation	recommendation	NOUN
cjfa-13875	166	9	for	for	ADP
cjfa-13875	166	10	a	a	DET
cjfa-13875	166	11	given	give	VERB
cjfa-13875	166	12	company	company	NOUN
cjfa-13875	166	13	,	,	PUNCT
cjfa-13875	166	14	presented	present	VERB
cjfa-13875	166	15	in	in	ADP
cjfa-13875	166	16	table	table	NOUN
cjfa-13875	166	17	12	12	NUM
cjfa-13875	166	18	.	.	PUNCT
cjfa-13875	166	19	,	,	PUNCT
cjfa-13875	166	20	is	be	AUX
cjfa-13875	166	21	also	also	ADV
cjfa-13875	166	22	worth	worth	ADJ
cjfa-13875	166	23	noting	note	VERB
cjfa-13875	166	24	.	.	PUNCT
cjfa-13875	167	1	table	table	NOUN
cjfa-13875	167	2	12	12	NUM
cjfa-13875	167	3	.	.	PUNCT
cjfa-13875	168	1	the	the	DET
cjfa-13875	168	2	biggest	big	ADJ
cjfa-13875	168	3	loss	loss	NOUN
cjfa-13875	168	4	from	from	ADP
cjfa-13875	168	5	unrealized	unrealized	ADJ
cjfa-13875	168	6	recommendations	recommendation	NOUN
cjfa-13875	168	7	comany	comany	NOUN
cjfa-13875	168	8	a	a	DET
cjfa-13875	168	9	short	short	ADJ
cjfa-13875	168	10	period	period	NOUN
cjfa-13875	168	11	an	an	DET
cjfa-13875	168	12	mid	mid	ADJ
cjfa-13875	168	13	period	period	NOUN
cjfa-13875	168	14	a	a	DET
cjfa-13875	168	15	long	long	ADJ
cjfa-13875	168	16	period	period	NOUN
cjfa-13875	168	17	kghm	kghm	X
cjfa-13875	168	18	-16.62	-16.62	NOUN
cjfa-13875	168	19	%	%	NOUN
cjfa-13875	168	20	-45.95	-45.95	NOUN
cjfa-13875	169	1	%	%	NOUN
cjfa-13875	169	2	-74.00	-74.00	PUNCT
cjfa-13875	169	3	%	%	NOUN
cjfa-13875	169	4	pkn	pkn	PROPN
cjfa-13875	169	5	-4.44	-4.44	NUM
cjfa-13875	169	6	%	%	NOUN
cjfa-13875	169	7	-18.07	-18.07	NOUN
cjfa-13875	169	8	%	%	NOUN
cjfa-13875	169	9	-52.61	-52.61	NOUN
cjfa-13875	169	10	%	%	NOUN
cjfa-13875	169	11	pkobp	pkobp	NOUN
cjfa-13875	169	12	-2.57	-2.57	NOUN
cjfa-13875	169	13	%	%	NOUN
cjfa-13875	169	14	-11.84	-11.84	ADP
cjfa-13875	169	15	%	%	NOUN
cjfa-13875	169	16	-31.97	-31.97	NOUN
cjfa-13875	169	17	%	%	NOUN
cjfa-13875	169	18	pekao	pekao	NOUN
cjfa-13875	169	19	-10.96	-10.96	PROPN
cjfa-13875	169	20	%	%	NOUN
cjfa-13875	169	21	-10.92	-10.92	NOUN
cjfa-13875	169	22	%	%	NOUN
cjfa-13875	169	23	-27.62	-27.62	PUNCT
cjfa-13875	169	24	%	%	NOUN
cjfa-13875	169	25	pzu	pzu	NOUN
cjfa-13875	169	26	-10.08	-10.08	NOUN
cjfa-13875	169	27	%	%	NOUN
cjfa-13875	169	28	-6.49	-6.49	NOUN
cjfa-13875	169	29	%	%	NOUN
cjfa-13875	169	30	-19.21	-19.21	NUM
cjfa-13875	169	31	%	%	NOUN
cjfa-13875	169	32	s	s	PART
cjfa-13875	169	33	o	o	NOUN
cjfa-13875	169	34	u	u	NOUN
cjfa-13875	169	35	r	r	NOUN
cjfa-13875	169	36	c	c	NOUN
cjfa-13875	169	37	e	e	NOUN
cjfa-13875	169	38	:	:	PUNCT
cjfa-13875	169	39	own	own	ADJ
cjfa-13875	169	40	study	study	NOUN
cjfa-13875	169	41	based	base	VERB
cjfa-13875	169	42	on	on	ADP
cjfa-13875	169	43	carried	carry	VERB
cjfa-13875	169	44	out	out	ADP
cjfa-13875	169	45	calculations	calculation	NOUN
cjfa-13875	169	46	.	.	PUNCT
cjfa-13875	170	1	the	the	DET
cjfa-13875	170	2	risk	risk	NOUN
cjfa-13875	170	3	estimated	estimate	VERB
cjfa-13875	170	4	with	with	ADP
cjfa-13875	170	5	standard	standard	ADJ
cjfa-13875	170	6	deviation	deviation	NOUN
cjfa-13875	170	7	of	of	ADP
cjfa-13875	170	8	daily	daily	ADJ
cjfa-13875	170	9	rates	rate	NOUN
cjfa-13875	170	10	of	of	ADP
cjfa-13875	170	11	return	return	NOUN
cjfa-13875	170	12	of	of	ADP
cjfa-13875	170	13	the	the	DET
cjfa-13875	170	14	shares	share	NOUN
cjfa-13875	170	15	of	of	ADP
cjfa-13875	170	16	companies	company	NOUN
cjfa-13875	170	17	whose	whose	DET
cjfa-13875	170	18	recommendations	recommendation	NOUN
cjfa-13875	170	19	were	be	AUX
cjfa-13875	170	20	realized	realize	VERB
cjfa-13875	170	21	was	be	AUX
cjfa-13875	170	22	analysed	analyse	VERB
cjfa-13875	170	23	.	.	PUNCT
cjfa-13875	171	1	it	it	PRON
cjfa-13875	171	2	should	should	AUX
cjfa-13875	171	3	be	be	AUX
cjfa-13875	171	4	noted	note	VERB
cjfa-13875	171	5	that	that	SCONJ
cjfa-13875	171	6	in	in	ADP
cjfa-13875	171	7	most	most	ADJ
cjfa-13875	171	8	cases	case	NOUN
cjfa-13875	171	9	the	the	DET
cjfa-13875	171	10	investment	investment	NOUN
cjfa-13875	171	11	risk	risk	NOUN
cjfa-13875	171	12	lowered	lower	VERB
cjfa-13875	171	13	during	during	ADP
cjfa-13875	171	14	fulfilling	fulfilling	NOUN
cjfa-13875	171	15	of	of	ADP
cjfa-13875	171	16	the	the	DET
cjfa-13875	171	17	recommendations	recommendation	NOUN
cjfa-13875	171	18	compared	compare	VERB
cjfa-13875	171	19	with	with	ADP
cjfa-13875	171	20	the	the	DET
cjfa-13875	171	21	corresponding	corresponding	ADJ
cjfa-13875	171	22	period	period	NOUN
cjfa-13875	171	23	of	of	ADP
cjfa-13875	171	24	time	time	NOUN
cjfa-13875	171	25	before	before	ADP
cjfa-13875	171	26	the	the	DET
cjfa-13875	171	27	issuance	issuance	NOUN
cjfa-13875	171	28	.	.	PUNCT
cjfa-13875	172	1	average	average	NOUN
cjfa-13875	172	2	of	of	ADP
cjfa-13875	172	3	the	the	DET
cjfa-13875	172	4	differences	difference	NOUN
cjfa-13875	172	5	of	of	ADP
cjfa-13875	172	6	standard	standard	ADJ
cjfa-13875	172	7	deviations	deviation	NOUN
cjfa-13875	172	8	of	of	ADP
cjfa-13875	172	9	rates	rate	NOUN
cjfa-13875	172	10	of	of	ADP
cjfa-13875	172	11	an	an	DET
cjfa-13875	172	12	analysis	analysis	NOUN
cjfa-13875	172	13	of	of	ADP
cjfa-13875	172	14	brokerage	brokerage	NOUN
cjfa-13875	172	15	recommendations	recommendation	NOUN
cjfa-13875	172	16	…	…	PUNCT
cjfa-13875	172	17	return	return	NOUN
cjfa-13875	172	18	in	in	ADP
cjfa-13875	172	19	the	the	DET
cjfa-13875	172	20	time	time	NOUN
cjfa-13875	172	21	of	of	ADP
cjfa-13875	172	22	the	the	DET
cjfa-13875	172	23	fulfilment	fulfilment	NOUN
cjfa-13875	172	24	of	of	ADP
cjfa-13875	172	25	a	a	DET
cjfa-13875	172	26	recommendation	recommendation	NOUN
cjfa-13875	172	27	and	and	CCONJ
cjfa-13875	172	28	the	the	DET
cjfa-13875	172	29	period	period	NOUN
cjfa-13875	172	30	before	before	ADP
cjfa-13875	172	31	issuing	issue	VERB
cjfa-13875	172	32	the	the	DET
cjfa-13875	172	33	recommendation	recommendation	NOUN
cjfa-13875	172	34	in	in	ADP
cjfa-13875	172	35	the	the	DET
cjfa-13875	172	36	case	case	NOUN
cjfa-13875	172	37	of	of	ADP
cjfa-13875	172	38	all	all	DET
cjfa-13875	172	39	the	the	DET
cjfa-13875	172	40	companies	company	NOUN
cjfa-13875	172	41	is	be	AUX
cjfa-13875	172	42	negative	negative	ADJ
cjfa-13875	172	43	,	,	PUNCT
cjfa-13875	172	44	which	which	PRON
cjfa-13875	172	45	table	table	VERB
cjfa-13875	172	46	13	13	NUM
cjfa-13875	172	47	.	.	PUNCT
cjfa-13875	173	1	the	the	DET
cjfa-13875	173	2	investment	investment	NOUN
cjfa-13875	173	3	risk	risk	NOUN
cjfa-13875	173	4	in	in	ADP
cjfa-13875	173	5	the	the	DET
cjfa-13875	173	6	duration	duration	NOUN
cjfa-13875	173	7	of	of	ADP
cjfa-13875	173	8	realized	realize	VERB
cjfa-13875	173	9	recommendations	recommendation	NOUN
cjfa-13875	173	10	compared	compare	VERB
cjfa-13875	173	11	with	with	ADP
cjfa-13875	173	12	the	the	DET
cjfa-13875	173	13	risk	risk	NOUN
cjfa-13875	173	14	in	in	ADP
cjfa-13875	173	15	the	the	DET
cjfa-13875	173	16	corresponding	corresponding	ADJ
cjfa-13875	173	17	period	period	NOUN
cjfa-13875	173	18	before	before	ADP
cjfa-13875	173	19	issuing	issue	VERB
cjfa-13875	173	20	recommendations	recommendation	NOUN
cjfa-13875	173	21	*	*	VERB
cjfa-13875	173	22	company	company	NOUN
cjfa-13875	173	23	average	average	NOUN
cjfa-13875	173	24	of	of	ADP
cjfa-13875	173	25	the	the	DET
cjfa-13875	173	26	difference	difference	NOUN
cjfa-13875	174	1	i	i	PRON
cjfa-13875	174	2	i	i	PRON
cjfa-13875	174	3	number	number	NOUN
cjfa-13875	174	4	of	of	ADP
cjfa-13875	174	5	recommendations	recommendation	NOUN
cjfa-13875	174	6	for	for	ADP
cjfa-13875	174	7	which	which	PRON
cjfa-13875	174	8	the	the	DET
cjfa-13875	174	9	risk	risk	NOUN
cjfa-13875	174	10	lowered	lower	VERB
cjfa-13875	174	11	number	number	NOUN
cjfa-13875	174	12	of	of	ADP
cjfa-13875	174	13	recommendations	recommendation	NOUN
cjfa-13875	174	14	for	for	ADP
cjfa-13875	174	15	which	which	PRON
cjfa-13875	174	16	the	the	DET
cjfa-13875	174	17	risk	risk	NOUN
cjfa-13875	174	18	grew	grow	VERB
cjfa-13875	174	19	kghm	kghm	INTJ
cjfa-13875	174	20	-0.00385	-0.00385	PROPN
cjfa-13875	174	21	74	74	NUM
cjfa-13875	174	22	39	39	NUM
cjfa-13875	174	23	pkn	pkn	NOUN
cjfa-13875	174	24	-0.00153	-0.00153	VERB
cjfa-13875	175	1	54	54	NUM
cjfa-13875	175	2	28	28	NUM
cjfa-13875	175	3	pkobp	pkobp	NOUN
cjfa-13875	175	4	-0.00041	-0.00041	VERB
cjfa-13875	175	5	30	30	NUM
cjfa-13875	175	6	19	19	NUM
cjfa-13875	175	7	pekao	pekao	NOUN
cjfa-13875	175	8	-0.00115	-0.00115	NOUN
cjfa-13875	175	9	54	54	NUM
cjfa-13875	175	10	43	43	NUM
cjfa-13875	175	11	pzu	pzu	NOUN
cjfa-13875	175	12	-0.00116	-0.00116	VERB
cjfa-13875	175	13	38	38	NUM
cjfa-13875	175	14	27	27	NUM
cjfa-13875	175	15	*	*	PUNCT
cjfa-13875	175	16	investment	investment	NOUN
cjfa-13875	175	17	risk	risk	NOUN
cjfa-13875	175	18	measured	measure	VERB
cjfa-13875	175	19	with	with	ADP
cjfa-13875	175	20	standard	standard	ADJ
cjfa-13875	175	21	deviation	deviation	NOUN
cjfa-13875	175	22	of	of	ADP
cjfa-13875	175	23	daily	daily	ADJ
cjfa-13875	175	24	rates	rate	NOUN
cjfa-13875	175	25	of	of	ADP
cjfa-13875	175	26	return	return	NOUN
cjfa-13875	175	27	.	.	PUNCT
cjfa-13875	176	1	s	s	PART
cjfa-13875	176	2	o	o	X
cjfa-13875	176	3	u	u	NOUN
cjfa-13875	176	4	r	r	NOUN
cjfa-13875	176	5	c	c	NOUN
cjfa-13875	176	6	e	e	NOUN
cjfa-13875	176	7	:	:	PUNCT
cjfa-13875	176	8	own	own	ADJ
cjfa-13875	176	9	study	study	NOUN
cjfa-13875	176	10	based	base	VERB
cjfa-13875	176	11	on	on	ADP
cjfa-13875	176	12	carried	carry	VERB
cjfa-13875	176	13	out	out	ADP
cjfa-13875	176	14	calculations	calculation	NOUN
cjfa-13875	176	15	.	.	PUNCT
cjfa-13875	177	1	the	the	DET
cjfa-13875	177	2	conducted	conduct	VERB
cjfa-13875	177	3	analysis	analysis	NOUN
cjfa-13875	177	4	concerned	concerned	ADJ
cjfa-13875	177	5	5	5	NUM
cjfa-13875	177	6	companies	company	NOUN
cjfa-13875	177	7	which	which	PRON
cjfa-13875	177	8	constituted	constitute	VERB
cjfa-13875	177	9	the	the	DET
cjfa-13875	177	10	subject	subject	NOUN
cjfa-13875	177	11	of	of	ADP
cjfa-13875	177	12	recommendations	recommendation	NOUN
cjfa-13875	177	13	.	.	PUNCT
cjfa-13875	178	1	it	it	PRON
cjfa-13875	178	2	is	be	AUX
cjfa-13875	178	3	recommended	recommend	VERB
cjfa-13875	178	4	to	to	PART
cjfa-13875	178	5	expand	expand	VERB
cjfa-13875	178	6	the	the	DET
cjfa-13875	178	7	research	research	NOUN
cjfa-13875	178	8	based	base	VERB
cjfa-13875	178	9	on	on	ADP
cjfa-13875	178	10	a	a	DET
cjfa-13875	178	11	bigger	big	ADJ
cjfa-13875	178	12	number	number	NOUN
cjfa-13875	178	13	of	of	ADP
cjfa-13875	178	14	companies	company	NOUN
cjfa-13875	178	15	and	and	CCONJ
cjfa-13875	178	16	a	a	DET
cjfa-13875	178	17	longer	long	ADJ
cjfa-13875	178	18	time	time	NOUN
cjfa-13875	178	19	of	of	ADP
cjfa-13875	178	20	analysis	analysis	NOUN
cjfa-13875	178	21	in	in	ADP
cjfa-13875	178	22	the	the	DET
cjfa-13875	178	23	future	future	NOUN
cjfa-13875	178	24	.	.	PUNCT
cjfa-13875	179	1	the	the	DET
cjfa-13875	179	2	analysis	analysis	NOUN
cjfa-13875	179	3	of	of	ADP
cjfa-13875	179	4	the	the	DET
cjfa-13875	179	5	effectiveness	effectiveness	NOUN
cjfa-13875	179	6	of	of	ADP
cjfa-13875	179	7	recommendations	recommendation	NOUN
cjfa-13875	179	8	from	from	ADP
cjfa-13875	179	9	the	the	DET
cjfa-13875	179	10	point	point	NOUN
cjfa-13875	179	11	of	of	ADP
cjfa-13875	179	12	view	view	NOUN
cjfa-13875	179	13	of	of	ADP
cjfa-13875	179	14	the	the	DET
cjfa-13875	179	15	issuing	issue	VERB
cjfa-13875	179	16	entity	entity	NOUN
cjfa-13875	179	17	can	can	AUX
cjfa-13875	179	18	also	also	ADV
cjfa-13875	179	19	lead	lead	VERB
cjfa-13875	179	20	to	to	ADP
cjfa-13875	179	21	interesting	interesting	ADJ
cjfa-13875	179	22	conclusions	conclusion	NOUN
cjfa-13875	179	23	.	.	PUNCT
cjfa-13875	180	1	the	the	DET
cjfa-13875	180	2	carried	carry	VERB
cjfa-13875	180	3	out	out	ADP
cjfa-13875	180	4	research	research	NOUN
cjfa-13875	180	5	leads	lead	VERB
cjfa-13875	180	6	to	to	ADP
cjfa-13875	180	7	the	the	DET
cjfa-13875	180	8	conclusion	conclusion	NOUN
cjfa-13875	180	9	that	that	SCONJ
cjfa-13875	180	10	apart	apart	ADV
cjfa-13875	180	11	from	from	ADP
cjfa-13875	180	12	the	the	DET
cjfa-13875	180	13	analysis	analysis	NOUN
cjfa-13875	180	14	of	of	ADP
cjfa-13875	180	15	the	the	DET
cjfa-13875	180	16	rate	rate	NOUN
cjfa-13875	180	17	of	of	ADP
cjfa-13875	180	18	return	return	NOUN
cjfa-13875	180	19	or	or	CCONJ
cjfa-13875	180	20	of	of	ADP
cjfa-13875	180	21	the	the	DET
cjfa-13875	180	22	fact	fact	NOUN
cjfa-13875	180	23	of	of	ADP
cjfa-13875	180	24	fulfilling	fulfil	VERB
cjfa-13875	180	25	a	a	DET
cjfa-13875	180	26	recommendation	recommendation	NOUN
cjfa-13875	180	27	,	,	PUNCT
cjfa-13875	180	28	attention	attention	NOUN
cjfa-13875	180	29	should	should	AUX
cjfa-13875	180	30	be	be	AUX
cjfa-13875	180	31	given	give	VERB
cjfa-13875	180	32	to	to	ADP
cjfa-13875	180	33	the	the	DET
cjfa-13875	180	34	risk	risk	NOUN
cjfa-13875	180	35	connected	connect	VERB
cjfa-13875	180	36	with	with	ADP
cjfa-13875	180	37	an	an	DET
cjfa-13875	180	38	investment	investment	NOUN
cjfa-13875	180	39	.	.	PUNCT
cjfa-13875	181	1	while	while	SCONJ
cjfa-13875	181	2	standard	standard	ADJ
cjfa-13875	181	3	deviation	deviation	NOUN
cjfa-13875	181	4	of	of	ADP
cjfa-13875	181	5	daily	daily	ADJ
cjfa-13875	181	6	rates	rate	NOUN
cjfa-13875	181	7	of	of	ADP
cjfa-13875	181	8	return	return	NOUN
cjfa-13875	181	9	can	can	AUX
cjfa-13875	181	10	lead	lead	VERB
cjfa-13875	181	11	to	to	ADP
cjfa-13875	181	12	the	the	DET
cjfa-13875	181	13	conclusion	conclusion	NOUN
cjfa-13875	181	14	that	that	SCONJ
cjfa-13875	181	15	during	during	ADP
cjfa-13875	181	16	investment	investment	NOUN
cjfa-13875	181	17	realisation	realisation	NOUN
cjfa-13875	181	18	the	the	DET
cjfa-13875	181	19	variations	variation	NOUN
cjfa-13875	181	20	in	in	ADP
cjfa-13875	181	21	the	the	DET
cjfa-13875	181	22	daily	daily	ADJ
cjfa-13875	181	23	rates	rate	NOUN
cjfa-13875	181	24	of	of	ADP
cjfa-13875	181	25	return	return	NOUN
cjfa-13875	181	26	were	be	AUX
cjfa-13875	181	27	smaller	small	ADJ
cjfa-13875	181	28	than	than	ADP
cjfa-13875	181	29	in	in	ADP
cjfa-13875	181	30	the	the	DET
cjfa-13875	181	31	period	period	NOUN
cjfa-13875	181	32	before	before	ADP
cjfa-13875	181	33	issuing	issue	VERB
cjfa-13875	181	34	the	the	DET
cjfa-13875	181	35	recommendations	recommendation	NOUN
cjfa-13875	181	36	,	,	PUNCT
cjfa-13875	181	37	it	it	PRON
cjfa-13875	181	38	concerned	concern	VERB
cjfa-13875	181	39	only	only	ADV
cjfa-13875	181	40	the	the	DET
cjfa-13875	181	41	realized	realize	VERB
cjfa-13875	181	42	recommendations	recommendation	NOUN
cjfa-13875	181	43	.	.	PUNCT
cjfa-13875	182	1	the	the	DET
cjfa-13875	182	2	losses	loss	NOUN
cjfa-13875	182	3	from	from	ADP
cjfa-13875	182	4	unrealized	unrealized	ADJ
cjfa-13875	182	5	recommendations	recommendation	NOUN
cjfa-13875	182	6	must	must	AUX
cjfa-13875	182	7	not	not	PART
cjfa-13875	182	8	be	be	AUX
cjfa-13875	182	9	forgotten	forget	VERB
cjfa-13875	182	10	.	.	PUNCT
cjfa-13875	183	1	stock	stock	NOUN
cjfa-13875	183	2	recommendations	recommendation	NOUN
cjfa-13875	183	3	may	may	AUX
cjfa-13875	183	4	constitute	constitute	VERB
cjfa-13875	183	5	only	only	ADV
cjfa-13875	183	6	one	one	NUM
cjfa-13875	183	7	of	of	ADP
cjfa-13875	183	8	the	the	DET
cjfa-13875	183	9	tools	tool	NOUN
cjfa-13875	183	10	for	for	ADP
cjfa-13875	183	11	taking	take	VERB
cjfa-13875	183	12	an	an	DET
cjfa-13875	183	13	investment	investment	NOUN
cjfa-13875	183	14	decision	decision	NOUN
cjfa-13875	183	15	.	.	PUNCT
cjfa-13875	184	1	others	other	NOUN
cjfa-13875	184	2	like	like	VERB
cjfa-13875	184	3	,	,	PUNCT
cjfa-13875	184	4	for	for	ADP
cjfa-13875	184	5	instance	instance	NOUN
cjfa-13875	184	6	,	,	PUNCT
cjfa-13875	184	7	a	a	DET
cjfa-13875	184	8	technical	technical	ADJ
cjfa-13875	184	9	analysis	analysis	NOUN
cjfa-13875	184	10	and	and	CCONJ
cjfa-13875	184	11	fundamental	fundamental	ADJ
cjfa-13875	184	12	analysis	analysis	NOUN
cjfa-13875	184	13	on	on	ADP
cjfa-13875	184	14	the	the	DET
cjfa-13875	184	15	microand	microand	ADJ
cjfa-13875	184	16	macroeconomic	macroeconomic	ADJ
cjfa-13875	184	17	level	level	NOUN
cjfa-13875	184	18	should	should	AUX
cjfa-13875	184	19	be	be	AUX
cjfa-13875	184	20	taken	take	VERB
cjfa-13875	184	21	into	into	ADP
cjfa-13875	184	22	account	account	NOUN
cjfa-13875	184	23	as	as	ADV
cjfa-13875	184	24	well	well	ADV
cjfa-13875	184	25	.	.	PUNCT
cjfa-13875	185	1	zbigniew	zbigniew	PROPN
cjfa-13875	185	2	drewniak	drewniak	PROPN
cjfa-13875	186	1	loh	loh	PROPN
cjfa-13875	186	2	,	,	PUNCT
cjfa-13875	186	3	r.k	r.k	PROPN
cjfa-13875	186	4	.	.	PROPN
cjfa-13875	186	5	,	,	PUNCT
cjfa-13875	186	6	&	&	CCONJ
cjfa-13875	186	7	mian	mian	PROPN
cjfa-13875	186	8	,	,	PUNCT
cjfa-13875	186	9	g.m	g.m	PROPN
cjfa-13875	186	10	.	.	PROPN
cjfa-13875	186	11	(	(	PUNCT
cjfa-13875	186	12	2006	2006	NUM
cjfa-13875	186	13	)	)	PUNCT
cjfa-13875	186	14	.	.	PUNCT
cjfa-13875	187	1	do	do	AUX
cjfa-13875	187	2	accurate	accurate	ADJ
cjfa-13875	187	3	earnings	earning	NOUN
cjfa-13875	187	4	forecasts	forecast	NOUN
cjfa-13875	187	5	facilitate	facilitate	VERB
cjfa-13875	187	6	superior	superior	ADJ
cjfa-13875	187	7	incedewu	incedewu	NOUN
cjfa-13875	187	8	.	.	PUNCT
cjfa-13875	188	1	an	an	DET
cjfa-13875	188	2	analysis	analysis	NOUN
cjfa-13875	188	3	of	of	ADP
cjfa-13875	188	4	brokerage	brokerage	NOUN
cjfa-13875	188	5	recommendations	recommendation	NOUN
cjfa-13875	188	6	…	…	PUNCT
cjfa-13875	188	7	rekomendacje	rekomendacje	NOUN
