Marl the Stock Robot: Scam?

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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!

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103 Responses to Marl the Stock Robot: Scam?

  1. charley says:

    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 Skelton says:

    charley: The email address you entered is invalid. I don’t believe you.

  3. Jorge says:

    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.

  4. Rene says:

    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.

  5. Andy Skelton says:

    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.

  6. Abz says:

    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.

  7. joe says:

    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

  8. Andy Skelton says:

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

  9. tommy says:

    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.”

  10. Andy Skelton says:

    tommy: Let us know how your refund goes.

  11. joe says:

    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.

  12. Andy Skelton says:

    Okay Joe.

  13. Andrew says:

    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.

  14. Jacob says:

    I’ve been doing some browsing on the topic of Marl. One guy pointed out some interesting similarities between two sites, their respective products and the product creators. Check it out for yourself: http://www.doublingstocks.com and http://www.pokerbobby.com. I haven’t actually tried any of the products, but something DEFINITELY does not seem right…

  15. Bobby says:

    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

  16. Nobody says:

    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.

  17. Andy Skelton says:

    Nobody: There are some first-hand accounts here.

  18. Chris says:

    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.

  19. Andy Skelton says:

    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.

  20. Nobody says:

    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.

  21. DoublingStocksScam says:

    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/

  22. Stocker says:

    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.

  23. Jason says:

    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.

  24. Vlad says:

    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.

  25. Fred says:

    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.

  26. Mistlethrush says:

    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

  27. Mistlethrush says:

    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

  28. hinkognito says:

    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…

  29. Wonargo says:

    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

  30. Wonargo says:

    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…..

  31. sheri says:

    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

  32. Mistlethrush says:

    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…

  33. Mistlethrush says:

    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

  34. terrapin says:

    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.

  35. Matthew says:

    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.

  36. Jonme says:

    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

  37. Mark says:

    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.

  38. Paul says:

    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.

  39. Mistlethrush says:

    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

  40. Dion says:

    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

  41. Jason Wood says:

    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.

  42. Jason Wood says:

    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.

  43. Gullible's_Travels says:

    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).

  44. DrD says:

    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?

  45. tim says:

    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

  46. hutch says:

    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

  47. hutch says:

    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.

  48. DrD says:

    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

  49. max says:

    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