HSBC HLDGS PLC

Ticker: HSBC CUSIP: 404280406 Class: ADR

Guild Investment Management, Inc.'s Holding History (CIK: 0001317802)

Note: Option positions (PUT/CALL) are excluded.

Q4 2012
Shares 4,650 Value ($000) $247 Avg Close — Range —
Q1 2012
Shares 33,220 Value ($000) $1,772 Avg Close — Range —