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Doubling Stocks: Buyer Beware
Can we trust the word of Michael Cohen, co-creator of the stock trading robot Marl and author of the Doubling Stocks newsletter? Word on the street is that Michael is in cahoots with company personnel and shareholders. In other words, his stock picks and reccomendations are not picked by a robot named Marl.
Rather, the stock picks are biased and tainted with insider money. Plenty of accusations are flying around that he is being paid to promote the stocks which he claims are chosen by his research, analysis and the stock trading robot named Marl.
He is accused of orchestrating a classic microcap stock trading scam called a pump and dump. Basically, a group of folks work together to try and manipulate the price of certain pennystocks.
When this happens, the fraudsters work together through the use of false advertising, spam, message boards, newsletters, news releases, "unbiased" stock reports, etc. to hype or "pump" a stock which they own. Their advertising increases demand and drives up the stocks price. The fraudsters then sell their stock at the peak of the artificial wave and unsuspecting investors are left holding the empty bag at the bottom.
Traders beware when you get a "hot stock tip" from the Doubling Stocks newsletter. It's too bad, because I really believe the folks at doubling stocks could have had a legitimate service/product that would work as advertised.
The Doubling Stocks products are membership to a newsletter ($47)and Marl The Stock Trading Robot software ($97). Membership in the newsletter includes a well written, informative eBook called "The Penny Stock Bible" which I think is worth $47 dollars to anyone interested in investing in penny stocks.
In the final analysis, guilty or not, Michael Cohen and his stock trading robot MARL are not to blame for anybody losing money. Even if he is a scammer, the number one rule for traders is performing their own "due diligence".
Always look skeptically and investigate any stock recommendations for yourself. Whenever someone offers you a hot stock tip, ask yourself: "Why me?" "Why is this person giving me this information and will he or she benefit if I buy?"
I started off by asking you "Can we trust Michael Cohen?" The answer for me is obviously no, I do not and will not trust Michael Cohen.
TAGS : MARL
No comment (Add comment)
Can we trust the word of Michael Cohen, co-creator of the stock trading robot Marl and author of the Doubling Stocks newsletter? Word on the street is that Michael is in cahoots with company personnel and shareholders. In other words, his stock picks and reccomendations are not picked by a robot named Marl.
Rather, the stock picks are biased and tainted with insider money. Plenty of accusations are flying around that he is being paid to promote the stocks which he claims are chosen by his research, analysis and the stock trading robot named Marl.
He is accused of orchestrating a classic microcap stock trading scam called a pump and dump. Basically, a group of folks work together to try and manipulate the price of certain pennystocks.
When this happens, the fraudsters work together through the use of false advertising, spam, message boards, newsletters, news releases, "unbiased" stock reports, etc. to hype or "pump" a stock which they own. Their advertising increases demand and drives up the stocks price. The fraudsters then sell their stock at the peak of the artificial wave and unsuspecting investors are left holding the empty bag at the bottom.
Traders beware when you get a "hot stock tip" from the Doubling Stocks newsletter. It's too bad, because I really believe the folks at doubling stocks could have had a legitimate service/product that would work as advertised.
The Doubling Stocks products are membership to a newsletter ($47)and Marl The Stock Trading Robot software ($97). Membership in the newsletter includes a well written, informative eBook called "The Penny Stock Bible" which I think is worth $47 dollars to anyone interested in investing in penny stocks.
In the final analysis, guilty or not, Michael Cohen and his stock trading robot MARL are not to blame for anybody losing money. Even if he is a scammer, the number one rule for traders is performing their own "due diligence".
Always look skeptically and investigate any stock recommendations for yourself. Whenever someone offers you a hot stock tip, ask yourself: "Why me?" "Why is this person giving me this information and will he or she benefit if I buy?"
I started off by asking you "Can we trust Michael Cohen?" The answer for me is obviously no, I do not and will not trust Michael Cohen.
TAGS : MARL
No comment (Add comment)
