Have you heard of Marl the Stock Robot? Google “Marl” and click the first ad you see. You don’t have to read the whole page because I have summed it up in the next paragraph. Please click the ad anyway. You’ll understand why in a minute.
That page tells a story about the invention of “the first commercially available stock picking robot” which is available for $28,000 per license, which includes a week of training in the programmer’s home. The script assumes you can’t afford the software and offers you a stock tips newsletter subscription for only $47.
Maybe it’s a great newsletter. I don’t care about that. I am interested in the Marl software which, at $28,000, is out of the reach of anyone earnestly reading that page but vastly under-priced if it does what they claim.
Normally you would reject this sort of offer on the “too good to be true” rule alone but I wasn’t satisfied. I went looking for the software and I didn’t find any information leading to the purchase of a Marl software license. I did find a large number of sites echoing the same story and offering the same newsletter.
The site is one of a great many taking part in an affiliate marketing scheme to sell a newsletter subscription. This is just one of countless schemes telling lies in order to sell something. This is why I told you to click the ad rather than publish a link. They are paying for those ads, baiting real suckers, lying about a non-existent robot. Your clicks cost them money.
I don’t know whether the newsletter is any good. Maybe it can teach you enough to make some lucky investments. But if you want to make real money from Marl, I suggest you set up an affiliate marketing web site to sell that newsletter and buy all the ads you can get for $47.
Update 1: This is how a person can make money on a stock tip scam and why the government puts them away:
The volume of distribution of a newsletter such as the one at issue can rapidly become large enough that its membership, acting on the tips they receive, create an artificial demand for the penny stock and consequently cause the stock price to rise. If one reacts quickly enough and buys the stock before this wave of demand comes to market, it may be possible to realize a very high margin of profit where no real value exists in the merits of the company being traded. In this scenario, the biggest winner will be the first person to know about the tip and act on it, i.e. the publisher of the newsletter. Subscribers can profit, too, but they must buy fast and sell before the artificial demand bubble pops and the price regains parity with the actual market value.
Update 2: A reader going by the name of Mistlethrush left a very important comment below. It reveals the inner workings of the Marl software!
Sad to say that I am a subscriber and have been since October. And I can verify that doublingstocks.com is a SCAM.
The so-called newsletter will reach your inbox approx 30 minutes after the US markets open. Their so-called ‘pick’ has already made its move. What PISSES me off the most, is that they will send a congratulatory email, congratulating on our (their) success on the picks LAST WEEK, when it actual fact their pick just arrived yesterday, AFTER the bloody stock has moved!!
Since October, all picks, should anyone have traded it from the moment it pops into the inbox, would have made SIGNIFICANT losses, by at least 50%, some as high as 70%.
Someone has already mentioned, if you can actually ‘short’ their picks, you would be able to make bundles!!
As a conclusion, DON’T WASTE YOUR TIME, ’cause I’m sure it’s worth more than the $49 bucks that they are scamming for.
Have Good & Blessed trading year!
I’m working on a plan to help people avoid this fraud once and for all! Detestable people who propagate such schemes should be executed for their hurt many more people than a murderer ever does. Time to take out the trash!
The real information is disclosed in there Earnings Disclaimer at the bottom of the webpage:
Here is a copy as of today:
Doublingstocks was not compensated for highlighting GBMR to our members Doublingstocks was not compensated for highlighting BSGC to our members Doublingstocks was compensated two thousand five hundred dollars for highlighting LLSR to our members Doublingstocks was compensated five thousand dollars dollars for highlighting DHNA to our members Doublingstocks was not compensated for highlighting IOGH to our members Doublingstocks was compensated five thousand dollars dollars for highlighting BQTG to our members from blue wave advisor Doublingstocks was compensated five thousand dollars for highlighting EKII to our members Doublingstocks was compensated five thousand dollars for highlighting PLTG to our members Doublingstocks was compensated five thousand dollars for highlighting WYDY to our members Doublingstocks was compensated five thousand dollars for highlighting ENEC to our members Doublingstocks was compensated five thousand dollars for highlighting SBRX to our members Doublingstocks was compensated five thousand dollars for highlighting NCII to our members Doublingstocks was compensated five thousand dollars for highlighting AVPJ to our members Doublingstocks was compensated five thousand dollars for highlighting IWWI to our members Doublingstocks was compensated five thousand dollars for highlighting SSTP to our members Doublingstocks was not compensated for highlighting VYGO to our members Doublingstocks was compensated seventy five thousand dollars for highlighting NLIA to our members Doublingstocks was not compensated for highlighting TRGD to our members Doublingstocks was not compensated for highlighting HSXI to our members Doublingstocks was compensated fifty thousand dollars for highlighting HENC to our members Doublingstocks was not compensated for highlighting SGUS to our members Doublingstocks was not compensated for highlighting SKVI to our members Doublingstocks was compensated one hundred and twenty five thousand dollars for highlighting IDGJ to our members This disclaimer may change from time to time without any further notice.
What about people who fall for it? Pay the $47, trade a couple of times, feels the pain, and gets the money back? Can they be prosecuted? They are not the ones scamming, or sending out anything, just fell for it!!
Appreciate your comments
Paul..
Just called Clickbank at 1-800-390-6035. All they wanted was my last name and my zip code… and they will have my card refunded in 3-5 days.
At least you didn’t lose $450 like me. I hope others find this blog before they invest $1 in this scam.
Good luck.
Sue
i would likt to know is there a legitiamate program out there like this that does work or help make a little money
A good friend of mine sent out an email promoting this
yesterday. A few hours later, he sent out a retraction
email saying that he goofed. In that email, he referenced
this site.
Evidently, these guys have some other businesses which
they are advertising. It sure would make one think twice
before buying anything from these people.
It is amazing what some people will do to make money.
It is sad really as there are many legitimate ways to make
good money long term on the internet.
I noticed that they removed the download link that was
posted here. Anyone know where they moved it too.
I would like to get the software examine and post the
results on the internet.
To Success,
Joseph
Unfortunately, I lost 1K US with DoublingStocks. The owners simply send an email for a stock they ALREADY have position in. The newsletter is sent out, stock volume and share price increase. Doubling stocks owners sell their position by 12pm EST and the next day the stock falls hard. Newsletter subscribers are given a target price, which is unrealistic, so they hold on to the stock; It falls, never coming close to their target price. SCAM; stay away!
If this was an actual business, they wouldn’t be advertizing on blogs and free classified sites. Their business model and marketing plan would be a bit more advanced.
Franklinomics
Thanks for creating this blog
Does anyone have a good link to this software. Can you email it to me?
stinger303@msn.com
It would be nice to look at it.
The one’s above are dead.
Well .. i got to this blog too late .. and got suckered into the phony newsletter. I just put my refund request in.
The funniest of this guys sites is: http://www.equitypromoter.com/index.html – he basically sells our email addresses and claims to promote OTC stocks like an email spammer would. Man – what a sucker I am — what was I thinking ..
Thanks for the blog!
Dan..you are exactly right about the email showing up too late!!!! I subscribed and actually made money the first couple of picks because they emailed me the day before and made a great pick. However, the last 4 or 5 picks, they send you the email at about 10am that day after the stock has already increased. After the stock goes up that day, about 90% of the time it goes down to its original trading price. If you trade after it has gone up, you will lose money about every time. I don’t know if it is a scam or not…I do know that just about every pick they have made has gone up, but the emails are showing up too late. I guess that’s the scam part…what do you think?