Marl the Stock Robot: Scam?

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!

103 thoughts on “Marl the Stock Robot: Scam?

  1. If you take the time to read the entire site you would see that the robot actually does exist and if you have $28,000 you can get a use license. At the bottom of the site is a contact us link, email them and tell them you want to purchase a license to use marl. Telling people to click the ads with no interest in the product is very irresponsible and shows your an ignorant sob.

  2. Andy: Thanks for the info about this possibly being an affiliate marketing scheme. I’ve often wondered recently, after receiving a few targeted emails from this site, if it was a scam or not. When I looked at their contact info, I couldn’t find the listed Seattle address and the given phone number seems to correspond to some international country code. So call it circumstantial evidence, but that led me to decide that I didn’t like the smell of it and that even the $47 for the subscription might be throwing the money away. Did you dig into the contact info and the validity of the alleged physical address given? Thanks.

  3. Thank-you Andy and Charley both for your wonderful insights. My concern about Marl, which I am tempted to subscribe too, is that I can’t find anything but that same ad on each of several different websites all quoting from the same source file (which, interestingly enough, is says “protected: do not copy” right at the bottom of its page. I checked BusinessWeek and can’t find hide nor hair of anything resembling the Marl bot. Sounds like a phoney to me but my desire remains for it to be real (and what we see is always tainted by our desires).

    Undecided.

  4. Jorge: The address and phone number looked fishy indeed. I did not try to contact either.

    Rene: If you make up your mind to try it, do tell us how it goes.

  5. I just subscribed to the newsletter to see what it is and after you do that they offer you to “test trial” Marl and claim that they are ONLY selecting 6 people. They tell you there are ONLY 2 slots remaining and that the counter is “REAL TIME”. However, the code for the page shows that it isn’t any real time counter but a fixed number 2.
    It doesn’t seem like there’s anything legitimate about these guys so far.

  6. Hi Andy. I have actually bought the newsletter and do have a few thing to say about it.

    I’m not sure what the motive is behind the price movements of the stock picks provided by the newsletter, I don’t think anyone can know for sure, but one thing I do know is that I’ve made money. I certainly haven’t got the returns they claim on their sales page, but I’m certainly doing far better than if I had picked stocks on my own. And the software does exist too because I have it. I didn’t spend $28K either! When I signed up for the newsletter they offered to let me be a tester of their software (I suspect everyone gets this offer ;)

    Regarding a previous comment about all the websites saying the same thing … I did a fair amount of research before I bought and also found a lot of the same stuff out there. There was one site though that seemed different. mrautomate.com is run by Tom Sanders who actually seems to know something about trading and doesn’t just spit our the same crap as everyone else. I signed up for his newsletter and he’s actually had a lot of good advice for trading with doubling stocks so I felt confident enough to buy. Maybe I’m naive, but I’ve made money so I’m not going to worry about it unless I start losing money.

    thanks Andy,

    Joe

  7. joe: That site competes with this post for the search term “Marl scam”. I bet you are the owner of that site.

  8. I sent the following email to the guys at doublingstocks.com after finding a lot of dubious information and receiving an email wanting me to sign up for their MARL robot for only $97 with only two spots left. I did sign up for the newsletter but quickly asked for a refund after doing my homework. We’ll see if I get it. I’ll probably have to go through CLICKBANK.

    “No thank you. By the way, I looked up the address in Seattle and spoke to the Seattle chamber of commerce and they have no record of your company residing at 93 S. Jackson Street, Seattle, WASHINGTON. Also, why is you phone number listed in your ad a UK number? Do you not have a US phone number for operations? Furthermore, I find it interesting that your website is registered in the UK and your DNS servers point to WEALTHYMARKETER.COM which you have a link to at the very bottom of you page. It seems to me that you are an affiliate of WEALTHYMARKETER.COM. It is also amazing to me that your phone number you list is the same as what is on WEALTHYMARKETER.COM, (44)7835400828. I should have done my homework before hand. Because you are an affiliate your goal is to sign up as many subscribers as possible to maximize your profits. Therefore, I’m sure your claim that limited number of seats are available is totally false.
    Please REFUND my $47 that I paid as I feel that I have been had and do not want to participate in artificially inflating a penny stocks worth because you send out misleading information to thousands of subscribers. Thank you. I’ll be sending you a refund request via PAYPAL as well.”

  9. Andy,

    Interesting comment, especially since it’s kind of silly. First off, I’m not the owner of that site, or any website for that matter. Second, it’s kind of silly that you’d say that … if you think about it, anyone anywhere on the web that has anything to say about Doubling Stocks is competing with this website by the very nature of the fact that they’re both discussing the same subject and therefore will both have similar words on the pages.

    Almost as silly as me claiming you’re trashing Doubling Stocks because you have a website elsewhere that’s promoting a competing product to Doubling Stocks.

    Sorry, but I feel a little offended by your comment.
    In an attempt to discuss misinformation on the web, for which you’ve brought up some very good points about Doubling Stocks that I was not aware of, you also added your own bit of misinformation by making false claims about me because I simply offered my opinion. It’s not very responsible and certainly doesn’t encourage me to comment here in the future. One of the reasons for blogs is so people can voice their opinion and I can respect that. It’s your blog and you’re welcome to voice you opinion, but please have a justified opinion so as to not add to the misinformation on the web.

    Tommy,
    In your comment, I hope your references to “you” you are not referring to me because of Andy’s comment. This would unfortunately just perpetuate the misinformation further.

    Joe

    PS> Andy, I’m very interested to see if this comment gets moderated or not. I hope you will publish it.

  10. This is almost certainly a scam, and those questionable commenter’s above are almost certainly involved.

    Penny stocks are boring, anyway. Besides that, DO NOT TRADE OTC (over-the-counter). OTC is a hell of a lot more vicious than the regulated markets and you WILL LOSE.

    Beginners think that NASDAQ, S&P, TSX, etc. are hard… and they are, it takes research and learning. But at least you can make a go of it and feel (more or less) that things run properly. OTC is an insider’s game of small volume where you will be left holding the bag.

    Incidentally, no direct OTC experience myself–just observation.

    Cheers all.

  11. Jacob,
    very nice catch. Those 2 websites are the same. Its a real shame we have so many friggin money sucking scammers in this world today. I hope every one die a nice painful slow death someday.
    scumbags

  12. I wonder if any of you have actually used the product. Clickbank is pretty good at giving back refunds so why don’t you go undercover for the rest of use and find out if it really is a scam and give deep specifics as to what exactly it is and does.

    In my searching, I’ve found that it seems most people who cry scam have never really used the product. Now, don’t get me wrong. A scam is a scam and common sence is golden. But I think it would be more credible for those who cry scam to at least have an experience with the product they are condeming like most product review sites.

    So, would someone bite the bullet for the rest of us and try it out and then give an honest assesment of it. This is the kind of review that I’ve been searching for in the case of this “Marl” thing. Someone who actually used the product.

  13. It’s amazing how fast the online marketers behind ‘Marl’ are attempting to build the google ranks of the planted sites that attempt to dispute the scam. Must be a huge cash cow for them. Still it’s a shame so many people still fall for the ‘get rich quick’ schemes. At least it’s a bit more clever than most of the phishing attempts circulating.

  14. Chris: so true.

    I have been fighting a series of attacks from some sort of botnet today. Somebody is trying to make my site go away.

  15. I still haven’t found anywhere where someone said they lost money. I understand the “Cramer Effect” thing (stocks rise after a good recommendation or review) but who has actually lost money? Which stock was recommended? How much did you lose on that stock? How long did you use the Newsletter/Software?

    This is the kind of review I’m talking about. I went to both the onlinetradersforum.com and other link recommended for first hand accounts. All I keep seeing is, “it’s a scam,” or “I spent $147 on the newsletter/software and I spent ___ on a stock.” But noone is saying what happened afterwards. Well at lest on onlinetradersforum.com some would post their recommended stocks and even the growth percentage. And there were complaints that the newsletter came a little too late.

    But for the most part, everyone else is suspicious over their marketing strategies and not the product itself.

    I’m sorry if I seem like a troll but I just like specifics. I’m quite weary of both sides of the fences really (Those who scam and those who cry scam without an objective view). I need more than just an opinion.

  16. Nobody, yes you do in fact sound like a troll. If you don’t believe it is a “SCAM” then YOU be the one to prove otherwise. go to doublingstocks.com , pay your $47.00.
    But don’t outright lie and claim nobody is saying what happened after they subscribed and whine because you aren’t being given access to individual investor account records so you can determine whether they got scammed or not. Pay your $47.00. If you don’t want to believe it is a scam that’s your perogative, go ahead and make a fortune with that miracle robot.
    The Poster of this article was smart enough to see through the scam without the cover charge. Most new investors aren’t and that’s who this miracle pennystock program is marketed to. You need to just go and pay your stupid tax to “Michael” like me and others did and get your education the hard way.
    here’s another blog from a satisfied customer.

    http://doublingpennystocks.blogspot.com/

  17. So many fools. Jeees. There is no Marl!!! Period. Check some of those
    Stocks listed on doublingstocks.com with spamnation.info and you will see
    There is few of them and they been spamwised before, what that means?
    Those dudes subscribe as many people as possible, then they can contact
    stock owner or stock owner contact them and offering to PUMP stock so
    they can unload their shares. Lets say volume of the stock rise and those
    from doublingstocks.com getting paid 5-7% of total volume regardless
    if stock goes up or down, plus they already take $47 from each of you, – clowns :))
    It’s easy when you have 1000-2000 subscribers to move little stocks
    you load before you release info to subscribers, they load tomorrow and
    you unload while they load :)) That’s sounds like MARL? Actually if they have like 10 000 subscribes that amount of people can move up any
    small stock, so if you can get out as quickly as possible there is tiny
    possibility that you could make some $$$ too.

  18. I signed up for the Newsletter on 11-21-2007

    I recieved the first recommendation too late to take advantage of it.

    I have not recieved another stock recommendation. I emailed them and got no response.

    I got my money back from ClickBank.

  19. Stocker, 100% with you. They even get publicity now on yahoo boards for penny stocks. This is how I knew about it. And when I went on their web site I was laughing reading it. The scam scheme is classic. But it works and these artists will make a fortune on never ending stream of fools.

  20. If they were really smart they would offer a premium newsletter service for accelerated previews. Those who payed an extra would have the option to view the stock buys early. They would make an early entry profit and this would make them more pliable. These “live ones” would be willing to fork out a monthly fee. I wish I was greedy enough to try one of these schemes. I can imagine myself sitting back and watching the “sucker” base go up. If I could live with myself I would have a job I would love going to.

  21. OK, I took the plunge. I had a few bucks to throw out in the street and I’ll be a guinea pig — I bought it. Both the newsletter and the application. I’ll be interested to see if the application works as advertised. And even more interested to see if it spits out the same recommendations as the newsletter. If the two are different, it would tend to confirm that its a pump & dump game. If the two are the same, then maybe not (but doesn’t prove its not a scam).

    Quite frankly, I’m more interested in the application than the newsletter — because if the application “works” then you don’t need the newsletter.

    I plan to paper trade its ‘recommendations’, and share on this site how it goes.

    One thing that had me wondering is that they offer a 60 day trial, yet their ‘welcome letter’ says you’ll get the first stock pick ‘within maybe (?) a week or two’ (I added the questions mark). That kinda eats up a lot of the ‘trial’ period doesn’t it.

    Your humble guinea pig,
    /Mistlethrush

  22. Well, I did a bit of exploring within the Marl application. I used a .NET decompiler to generate the original source code and started looking through that. Not promising. To be fair, I’m not a .NET programmer (I’m a Java developer), so I may be missing something — not likely, though. However, I could find no place in the code that actually did any analysis of the stocks. Secondly, I used a database query tool to inspect their on-line MySQL database. It contained two tables. One was just a long list of stock symbols — nothing more. The contents of this table was used to create the rapidly scrolling list in the top box in the application. That’s all. The second table is a short list of stock symbols, a message (such as ‘Good Buy!’, ‘Stock is Rebounding’, ‘Good Pattern Trade’), along with a date. This table creates the slower scrolling list in the ‘Marls Watch List’ — no analysis, just displays them one after another. Lastly, it populates the ‘Stock To Buy’ field with the symbol for today’s date. No analysis. Just vomiting the ticker symbol that was predetermined to be ‘recommended’ on this date.

    This code isn’t worth 28 cents, let alone $28,000. Almost certainly a Pump & Dump scam. They decide which stock they want to pump, put it in their database with the date they want to pump it (probably in collusion with the directors of the corporation being pumped). Then on the date they want to pump it, Marls all around the world report it as a recommended buy — one the puppet-masters bought the day before. Sadly, in their database, they don’t include their future picks — or we could cash in on some of their action.

    Anyhow, I still plan to paper trade their touts, just for grins. Who knows, they may generate enough inertia to make a buck or two (or lose it). I’ll post my results here as they come in. What fun. Oh. and I will pursue a refund (maybe fall for some other scam and dissect it, too).

    Oh, and anyone (yes, you too) can download the Marl app for free. Free! It’s at http://www.doublingstocks.com/downloadmarl.zip . So if there’s any .NET geeks out there, you can dissect it too.

    Your humble guinea pig and code tinkerer.
    /Mistlethrush

    P.S. IITGTBT, IPI

  23. Holy crap!!! They are posting banners on every financial and trading site on the net. I originally saw it on stockcharts.com, now it is all over. Lets see what happens with our humble guinea pig…

  24. I have been reading with great interest the comments surrounding this program and newletter. I had almost talked myself into taking the plunge – now I’m not so sure.

    If you are interested, they are currently selling a copy of the Merl on Ebay for US$50.
    I asked the question whether this was for a copy of the program itself and received an affirmative yes, it is for the program.
    here is the link if you are interested:

    http://cgi.ebay.com.au/ws/eBayISAPI.dll?ViewItem&item=250194825371&ih=015&category=68258&ssPageName=STORE:PROMOBOX:NEWLIST#LIST

    I am still undecided as to proceed or not, but at least now I have a more balanced view of this rather than just the “Glossy Promo”.
    Thanks

  25. sorry, looks like I started reading from the wrong end.
    Thanks to our humble guinea pig for the heads up and the link.
    Glad I didn’t pay the $50.
    oh well, back to charting…..

  26. Mistlethrush, good job on the guinea pig thing. I have taken the plunge an found that on the last 3 out of 4 picks Marl did in fact produce the same pick as the newsletter. Here’s the most interesting part … Michael, the supposed Doubling Stocks guy, sends out a heads up the day or two before the stock pick is sent out via the newsletter. By running Marl during the daytime the day ‘before’ the newsletter pick is sent out you can buy the stock before the end of market the day before the pick is sent out. People have been complaining that they get the newsletter pick in the morning and by the time the market opens or by the time they get in the stock has already shot way up. Well I suspect the only people making any money are the ones with Marl who have figured out to run the daytime before the newsletter.

    Anyway, I’ve been following th thread and think it’s awesome that Mistlethrush is going to do an independent test. Please be sure to test what I’ve just mentioned. I think you’ll find it to be correct. Even if the software is hokey and they’re just sticking the stock pick into an SQL table, it seems that maybe they’re a bit lazy and are putting it in earlier than we think.

    cio

  27. Sheri, whether Marl generates the same picks as the newsletter turns out to not be the point. The point is the picks are not generated based on any analysis, technical or fundamental, whatsoever. They are generated based on whatever the marl-masters feel like pumping. It is possible to ride the inertia they generate — as long as you’re aware it’s not based on analysis.

    Also, yesterday’s pick Marl generated was NRDS.PK (Nord resources), I ran it again later and it returned NRD, which isn’t a symbol for anything. I ran it again, again NRD. The fourth time it was back to NRDS.PK. Weird, maybe they were loading up their database with today’s pick when it returned the NRD.

    Anyhow today’s tout is ERFW.OB. Again, this stock is the result of the Marl-masters deciding which stock to pump — NOT the result of any analysis or any other legitimate stock picking practice. Sooooo, if you buy the stock — its a risky move. I intend to paper trade $1000 of ERFW.

    This is *absolutely* a pump & dump scheme. Make no mistake. The source code of Marl make that unquestionably obvious — utterly no analysis is done in Marl.

    Your humble guinea pig,
    /Mistlethrush

    P.S. Again, if you want the Marl program, you can get it for absolutely free at : http://www.doublingstocks.com/downloadmarl.zip

    No need to buy on Ebay, or anywhere else…

  28. Well, day one has come to a close and ERFW did quite well. It opened at 1.14 and closed at 1.20 for an increase of 5.26%, on a 58% increase in volume. What one might expect in a pump & dump scenario. Artificially inflated price and volume, then the puppet-masters dump it, and the price drops.

    I checked Marl (dorky name — yes I know where it came from, but still dorky), and the puppet-masters have not posted tomorrow’s tout yet.

    I got a full refund from ClickBank, they are a good business — sad that they look bad by association with the Marl humans.

    Lastly, I plan to throw together a web-site to track my Marl experience, so I don’t continually clutter up this blog. Once I got it squared away, I’ll post the URL here. May be a couple days — Christmas is a busy time of year.

    Your humble (but no longer out $144) guinea pig,
    /Mistlethrush

  29. The suckerrugh… I mean subscribers who pay for Marl get the newsletter a few hours before the newsletter subscribers who don’t fork over the extra cash so some of them can profit if they move, in theory anyway. One problem with using Marl to get a jump on the bagholders is that “michael” doesn’t send out the newsletters when he says ie, he sends out an email saying watch your inbox tomorrow AM, then the email doesn’t show and after market he claims he and his “team” decided to wait so you could get a lower entry point, etc etc. The guys a Professional.
    Marl does nothing, they download the pick from DS’s server and that has been established a couple times each person coming to the exact same conclusion that MARL is no robot at all. The above link to the almost thirty page thread @ onlinetradersforum soundly exposes the scam and the whole thread is certainly worth a read to anyone interested in this Miracle Robotic Scamportunity, unless of course you’re “Already Rich”..
    “Alex Hunter” “Michael” whatever name he’s using on one of his numerous scam websites is a scammer, doublingstocks is a scam, marl is a scam, fraud.

  30. I find it interesting that the “12 new computers in lock up” look like six old computers in my first college house. Just an observation.

  31. Did any of you watch the online video showing Marl’s proof of performance? The first thing I noticed was that the user was on the UK Google Website. Anything from out of the UK should be suspicious to all since they are typically out of the reach of our law enforcement.

    From all of the evidence read here is these postings one should conclude without a doubt that there is a scam working here. Always remember the first rule concerning marketed offers: “If Sounds to Good to be True it Probably/Most Likely IS!!!

    We have all had our time wasted and we cannot get a refund for that. I do appreciate what I have learned from each scam studied and that is valuable. Too bad there are those of us without a savy resolve to prove things out before taking the plunge into things far more sinister than this.

    We are all capable of being scammed, just look at how much time each of us have spent on this matter even if we didn’t buy into it…

    Blessings!

    Jon

  32. When signing up for Marl, I THINK (I am not sure) that there is small print (terms and conditions) that state something about $75,000. I don’t know if the $75,000 is what the Marl site owners get as a promotional fee for helping to sell certain stocks? I admit that when I see tiny print going on for many lines I just click “Accept” and don’t read the stuff.

    So I asked ClickBank for a refund.

  33. doublingstocks.com and pokerbobby.com are both registered with GoDaddy.

    I checked the whois info for both, and found the Admin and Tech contacts for both sites are the same:

    Hunter, Alex hunter.alex@gmail.com
    fusionwebspace
    12 Well Ridge Close
    Red House Farm
    Whitley Bay,
    Tyne and Wear
    NE25 9PN
    United Kingdom
    07835191190

    That’s in the UK folks, not in Seattle – and explains the 44 code in the phone number (+44 is the international code for the UK).

    I used http://192.com to search for “Hunter” at the “NE25 9PN” post code, and found two people from the 2002 – 2006 electoral roll: Brian J Hunter and June D Hunter.

    So either Alex doesn’t exist, or he hadn’t reached 16 years old by 2006, or this is some relative’s address (eg, his mum+dad’s house).

    Don’t send them your money. You’re being scammed.

  34. Definitely hit up ClickBank for a refund — from my experience and what I’ve read, they’re quite cooperative. Everyone should ask for a refund.

    I took a look at Marl’s database ad the puppet-masters have posted their ‘recommendations’ through the weekend APTD.OB for Saturday and LDHG.PK for Sunday. Odd since the market is closed those days.

    Speaking of LDHG (their recommendation for Friday) — OMG! did it tank. Dropped like a bag of nickels. Opened at .0029 and plunged to close at .0014 (53% loss). No ‘Pump Inertia’ that time.

    So there…

    Your humble guinea pig,
    /Mistlethrush

  35. Mistlethrush, I purchased the newsletter last week.. before finding this website.. I plan on asking for a refund but would like to paper trade this..
    So I downloaded MARL from the site you posted.. After unzipping the file and clicking on the Icon of MARl a “file not found ” posted. Any suggestions to fixing that..
    Thanks in advance

  36. I purchased the newsletter and have not even received that . I contacted the customer service twice through email and got no response. I then requested for a refund of my $47 and heard nothing back. My next step is to contact clickbank and get a refund for my $47 and for my $97 I got duped into spending for marl. And yes.. after I got the link I too realized that the link wasn’t protected and anyone could download the software for free.. that was my first clue this whole thing is a scam.

  37. If you want a refund just call clickbank customer service 800-390-6035. I called and they gave me a refund of the $47 and the $97 for Marl and didn’t even ask for a reason. I have seen posts that these guys are advertising on major networks and shows. Which ones?? I am starting a campaign to get them shut down.

  38. This is an obvious get-rich quick scam full of LIES. It displays all the classic signs,but the most obvious is:

    * Outlandish and rapid profits:

    They claim that $5000 investment is now worth over $300,000 in four months. They claim a “consistent 80%+” *weekly* rate of return. Anyone familiar with exponential growth knows that this is an outright LIE.

    For example, a paltry $1000 initial investment, at 80% per week, for the 4 months/18 weeks the “system” has been available would return the following:

    $1000(1 + .8)^14 = $3,748,000.00

    In ONLY one year, your $1000 dollar investment would’ve grown to, wait for it……. 18 quadrillion dollars.

    One must ask themselves why on earth would the creator of such potent s/w need to sell its predictions for $47…

    I especially enjoyed the reverse engineering of the above poster and the database of just ticker symbols.

    Just like any get rich quick scheme, suckers will buy it on the hope/dream of escaping their problems, which is about all these programs offer, false hope (and a lighter wallet).

  39. Ashamed to say…I bit. I’ve gone to Clickbank and they say it will take two days for the refund. I was also one of those who bit on the “only 2 spots left”. What bothers me…everyone is asking the question…”why would someone do this for $144?” They collected my credit card info and that worries me since I was a victim in 2001 of credit card identity theft. Thoughts?

  40. DrD, no worries about the credit card info. Clickbank is reputable in as far as they will honor refunds without much question. Furthermore, your credit card info is processed by them and will never get passed on to the merchant.

    The only issue is if you trust clickbank, which in my experience is a safe place to do business.

    t

  41. So I am quite happy that the internet is so amazing. That is because it is easy to search for 10 to 15 mins on something that seems “too good to be true” and then finally find a liget site that says, it really is too good to be true. I started looking at the sites that claimed it was the real deal and realizeing the sole purpose of those sites was to be an affiliate. So i kept searching and found this. I mean the fact that you can go to that web site to get the app for free tells me something about the value of this product. Rediculous. Although I would really like to see a better example of it being paper traded. You should put up that site you were talking about mistlethrush.

    hutch

  42. Hey. So I was on a differnt forum and basically you can see that the guy that made this site owns a bunch of other scam site, INCLUDING: a site that tells companies with penny stocks to contact him because he has e-mail of many people looking to invest in penny stocks. So basically he has a site that gets clients that get pumped into the Double Stock thing. P.S. send him hate mail and hunter.alex@gmail.com I sent mine.

    I got the e-mail from that forum also. Becuase you can see who registers for what sites through WHOIS. And it gives his info and email and i’d assume that his real name may actually be alex hunter. In the site asking companies to pay to have thier site promoted he uses the name Tom Hunter.

    Anyway, i think now i’m done even bothering following news on this. I do wish he could get in trouble for what he does thouh.

  43. Thanks, Tim. ClickBank is just that…they’ve already emailed confirmation of the two refunds totaling the $144. My concern is that somehow these financial gurus (during the online form filling process) are able to snag important personal data (date of birth, credit card and the 3-digit code, zip code). These are all credit related and can be compromising if they also get the card numbers. Hope not…that can be a devastating experience to anyone caught in it. Thanks again, Tim…Merry Christmas!

    DrD

  44. i got a refund from clickbank the next day ,no questions asked
    if you pay with paypal and clickbank the scammers don’t have your info
    max

  45. I have filled out their “Send you two trading rules immediately” box a couple of times … and have NEVER gotten any response from these goobers. I think if nothing else they must just be harvesting email addresses of gullible fools to sell.

  46. Wow, if you followed their advise (Marl’s) over the past week, you would’ve taken a beating. My paper trading shows huge losses. Hmm, maybe it might be profitable to short their picks. It would have made for a much happier Christmas this past week. I still plan on putting together a web-page logging my experience, but wife just had a baby

    so exhaustion has slowed me down (those 3AM feedings are loads of fun).

    So there…

    Your humble (and sleepy) guinea pig,
    /Mistlethrush

  47. Just wondering…. Aren’t the Google ads at the top of your page generating revenue for your site the same as any affiliate marketing scam? Seems like this MARL thing is pretty effective and if info seekers land here looking for scam reports, they may just follow your advice and click one of those ad links above. So you say, “just click the ad anyway, you’ll understand in a minute”. ….I think I understand now… thanks

  48. Dennyv: I added doublingstocks to my AdSense filter to prevent their ads from appearing but there are just too many affiliates to block, so I gave up. Besides, I said to click the ad in the “Google Marl” search result page, not the ad on my blog. I am not supposed to ask you to click my ads.

  49. Andy, Thank you for starting this investigation. We appreciate your questioning this version of “2 Good 2 B True”.

    Mistlethrush, CONGRATULATIONS on your part of bringing a beautiful spirit here to earth. May she grow strong and live long. And may our little guinea pig have a nice set of winters naps (in between poopy diapers; I’m a father of six so I know whereof I speak).

    Impressive sleuthing…thanks for checking it all out. I tried the http://www.doublingstocks.com/downloadmarl.zip link and it is dead (at least today: HTTP 404 Not Found “The webpage cannot be found”). This Jack (and The Bean Stalk) will be trying to recoup his $47 through Clickbank.

    Best Regards.

  50. I too traded “on paper” for the last 4 weeks using the advice from Marl. I lost it all. What a hoot! Thanks mistlethrust. et.al. Citibank here I come.

  51. Mistlethrush: Thx for decompiling marl and revealing this scam. How resourceful of you. You’ve helped many and hopefully you can rest now knowing your good deed has been done. Enjoy Becky!

  52. A big golf-clap, /kudos, /headbow to Mistlethrush. Just did a simple search on Marl code actual – and boom. First hit.

  53. Also wanted to say BIG thank you to Mistlethrush. Saw this come up on my AdSense for my blog, and don’t like having any ads that are suspect. I try to help out new traders and investors with good education and information, and hate to think that I’d have any ads that would steer a new person wrong.

    Just now screened it out on the ad filter. Thanks again Mistlethrush.

  54. Ya, I signed up for both the newsletter and the “robot” program. After some research into the picks, I have found that is definitely a pump and dump scam.

    I ran the Marl program ($90) and noticed something interesting. If the internet connection goes down, the program still ‘downloads’ info and makes a pick. It’s basically some silly program that downloads a ticker symbol from his master and then pretends to scroll through all sorts of stocks. Sometimes it even ‘picks’ a stock that isn’t even on its list. ‘
    If you have bought the program, try this. Plug into the wall and start the program (it won’t run if there is no internet). As soon as it has started, unplug the cable. A miracle will then occur and hundreds of stocks will then be scanned without the need if the internet that marl is ‘downloading’ from. :-)

    Needless to say, I got a refund. haha! So I didn’t wast money after all.

  55. I am an experienced .NET software developer as well as an options trader. If anybody can email the software to me at shodson@gmail.com and I can reverse-engineer it and backup the claims made by Mistlethrush though I am dubious since the link he posted doesn’t work.

    I have not subscribed to the newsletter and suspect this is a pump-and-dump network as many believe. I’ve heard of guys that run hedge funds solely based on stocks touted in spam: they sell or short the stocks a few days after the stocks are pumped up because that’s when the mass buying has ended and the manipulators wanting to sell step in and start selling. Maybe you could use this software as a signal to prepare to dump the stocks recommended after they make their race up.

  56. Scott: My statistics package tells me that a lot of people clicked the link to download the software prior to the file being removed. Surely one of them can send the file.

    Mistlethrush: can you provide the file or its size or MD5 hash?

  57. Wow, that’s a large file for such simple functionality. I could write the same advertised program functionality in less than 100k. Maybe you guys should check for malware.

  58. You have to hope that there crappy scam program doesn’t infect your computer with spyware. Just what you need some POS program stealing the passwords to your trading accounts or worse…

    btw……

    HAPPY NEW YEAR!!!

  59. also have to wonder about the integrity of Joseph Farah of WorldNetDaily.com for running these scam ads for months (as well as many other scam ads). Little piss ant news organization running little piss ant scam ads…lol.

  60. marl can suck my balls. if it was real why would these guys let everyone know. if i made a stock trading robot that actually worked like they say, id be laying on the beach right now wiping my ass with hundreds and throwing 20’s at strippers

  61. Thanks all, glad I did some investigation and found this blog B4 jumping in the scam. Well I did lose some time but did enjoy all comments on the blog. I 2 ran multiple searches via goog and from the touting of Bizweek at the bottom of the pumpers page. I kept coming up with a blank. I will just continue to look for technical signals then read up on the fundamentals of whatever company I am investigating. Then apply the ole Pivot Point analysis for support and resistance levels along with other tools from the tool box.

    2 All that contributed I wish U a prosperous New Year

    Holmes

  62. Oh, and Andy U have done many a favor by starting the investigation of this so called Stock Picking Bot. Many Thxs 2 U

    H

  63. So am I to believe all investment tools/softwares are scams? What is the difference between “Marl” and “Investool”? Is there a diffence other than one is for “penny stocks” and the other for “regular stock”?

    Thanks for feedback!

    Frank

  64. Thank you for all the input here. I got my refund today after subscribed yesterday.

    Also thank you to Andy for opening this forum so victims like me can relax and move on.

    I was skeptical not to download the software. For those already have, make sure there are no viruses or bugs on your computer.

    Lastly, I suppose most/all of us are stock traders/investors. Have a prosperous 2008!!

  65. i fell for both the newsletter and testing of the program i am embarrassed to say. i got notice of my refund today from clickbank. glad to have found this site. i also sent a letter to worldnetdaily.com telling them what i thought about them advertising a scam on their website to their customers. they have not replied.

  66. I too fell for the newsletter and testing of the program. I should know better but saw the ad on a reputable website (www.tsptalk.com). I’ve requested refunds from Clickbank today, 01/04. We’ll see how long it takes to get my $144 back.

  67. So how does he profit than? Could it be that he profits from clients that actually invest in promoted stocks, buy selling those already he already purchased for lower price.

    A subscription offer (with its price is peanuts compared to customers invested money in stocks) appears to be used to hook you up until you get beaten with money losses.

  68. To demonstrate a predicted large price increase from one day to the next, do this: take screen captures the first day of various highly volatile penny stocks; the next day find one that had a large increase and match up the videos. It may take a few days to generate a good match, but who said creating a slick scam didn’t require a little patience?

  69. Excellent post. Glad that there is always a counterforce to amoralistic opportunists and scammers.

  70. I wonder if they have been flagged by clickbank – I fell for this on 1/04/08 and today I have yet to see a charge to my credit card although I did get a confirmation from email from clickbank. I put in a request for refund anyway so we’ll see what happens

  71. Another clue is in the source code of their home page, you’ll find which basically instructs the search engines not to store a copy of the website, i.e. cache on Google. Probably an attempt to hide evidence if necessary.

    I called the 800-390-6035 Clickbank number and was granted a refund immediately. They told me my $47 would be back in my PayPal account within 24 hrs. Thank god Clickbank is reputable. And thank you Andy for posting the blog.

  72. I did a reverse IP lookup and it appears that there are 15 domains hosted on Alex aka Tom Hunter’s IP. See links below.

    Samantha Cornforth,,, his girlfriend, wife?

    AFFILIATEDCASH .COM
    BRINGPOPCORN .COM
    DAILYRAKE .COM
    DAILYRAKE .NET
    DOUBLINGSTOCKS .COM
    EQUITYPROMOTER .COM
    JUSTGAMERZ .COM
    ONLYGAMERZ .COM
    POKERBOBBY .COM
    SAMANTHACORNFORTH .COM
    THEAFFILIATEACADEMY .COM
    THISRICH .NET
    UNLOCKTEXTS .COM
    WEALTHYMARKETER .COM
    WEALTHYMARKETER .NET

  73. i did purchase the newsletter for $47 bucks cause i don’t have a lot of money and would like to do a little day trading on the side. they sent me my first stock pick monday morning and said the stock would open at .10 and was undervalued and had traded as high as 2.00. by monday afternoon it was a .18 and today(tuesday) it was at .26. they made a great point in the newsletter about more expensive stocks. first off if you buy them at something like $50.00 dollars a share you probably have enough money and don’t care that it won’t double quick. and if you invest something like $100,000 or a million in those types of stock and they only gain 5 or 10% once again you don’t care because that’s a lot of money. you mentioned that newsletter cause a surge in gains. who cares if it does and the small guy can profit, like i mentioned before, i’m from seattle and all the big stocks in this area that people got rich from were mostly from stock optioned employees or other people riding a dot.com wave which is basically the same. so i don’t neither disagree or agree with you but I think anytime the small guy can get a piece of the pie its good.

  74. Have any of you Einsteins noticed that they are supposedly based in Seattle WA but give a UK telephone number…..?

  75. doubling stocks would not return my e-mails, so i googled and eventually found this blog…apparently they are e-mailing their newsletter at different times for the same stock to get a bunch of people to buy to artificially increase the price then they can sell and make a profit and leave the rest of us a loser…call clickbank at 800-390-6035 and they will refund your money immediateley…

  76. People, get real and think about this SCAM!

    They claim thier Robot will yeild 34.7% per week. $347 on a $1,000.

    OK, after 52 weeks their original $1,000 would have compounded to, are you ready for this…..$5,334,761,123.

    The calculation is real simple, just enter your $1,000 ento Excel and multiply times 1.347. Do this 52 times and you get $53 Trillion!!!!!!!!!!!

    It only takes 24 weeks to grow to a million.

    And yet they run around trying to get $47 for their newsletter. Yea right!

    Remember, A Fool and his money are soon parted.

  77. Where were you people before I plopped down my $47 and followed a recommendation for SKVI. Sadly,I am down over 50% on my buy. Anyone thinking about this…DO NOT BE TEMPTED. I have requested a response from”michael” on many occasions since buying on his “undervalued” recommendation 12-13-07 stating that the target price was .68. I bought at .26 and it crashed to .16 by the next morning. Michael sent an email blast just now congratulating those that followed yesterday’s recommendation. This was his first recommendation in 4 weeks. Thank you for the Clickbank phone number.. but my $450 is gone forever.

  78. 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!

  79. 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!

  80. 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.

  81. 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

  82. 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

  83. i would likt to know is there a legitiamate program out there like this that does work or help make a little money

  84. 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

  85. 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!

  86. 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

  87. 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!

  88. 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?

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