Entries Tagged as 'Scam'

Saturday, June 6th, 2009

perfectpennystocks.com is a big scam – avoid!

Be cautious of perfectpennystocks.com, they have been spamming heavily in an attempt to build an email list.
As fresh investors get on they list, they will most likely pump some worthless stock onto them.
Do not trust perfectpennystocks.com, they are nothing but a pump n dump bucket shop.

Tuesday, April 15th, 2008

Marl scam

Some interesting info on the doublingstocks.com marl scam. The magical stock picking robot is nothing but a bunch of junk code according to this individual that got the software and decompiled it:
Mistlethrush1
Posted December 12, 2007 at 6:31 pm
Well, I did a bit of exploring within the Marl application. I used a .NET decompiler to [...]

Monday, March 31st, 2008

shakerzandmoverz

Big warning here for newbies, stay away from this one. Their site shows a big list of all these amazing picks, but just talking about a stock does not mean you bought it at the low and sold at the high for that 1000% run. In fact, most investors lose money by buying these stocks [...]

Friday, February 22nd, 2008

Growthstockguru

The first thing you should be aware of that a growth stock is usually something like Google or Apple. Trying to pass off a penny stock as a growth stock is stock market faux pas. There is the usual list of reasons why you should listen to their advice, citing multiple past picks which ran [...]

Wednesday, February 20th, 2008

stocknetpros.com

Set up as a net to catch investors looking for penny stocks. This scam site will send you some picks, then hit you with a pump and dump. Rated as a scam site, stay away.

Tuesday, February 19th, 2008

Marketwatchguru

This one ties in with several other sites, so pay attention here!
Marketwatchguru.com, hotcompanywatch.com,  precisionexposure.com and doublingstocks.com are all the same. It is one promoter with a bunch of websites. The sign up response from doublingstocks.com is the same as the one from marketwatchguru. This one big pump and dump scam job. Beware of buying stocks [...]

Monday, February 18th, 2008

marl trading robot

There has been a lot of advertising done by doublingstocks.com for thier “marl trading robot” which has gotten the word scam attached to it lately.
In essence it looks to be a simple scan done in the morning to find any penny stock with increased volume, a gap up and at least a 2% -5% increase [...]

Tuesday, February 12th, 2008

PERT pump and dump concluded

A text book example of the pump and dump scan we warned about with PERT. The stock rallied to 72c, no doubt on naive investors who get the spam email. Then they dumped the stock on them, last at 34c, -52%!. Be aware of these pump and dumps!

Wednesday, February 6th, 2008

Lebed.biz

Look up stock scam in the dictionary and you should see a picture of Jonathan Lebed. Working from the site lebed.biz, he got his start when he was around 15 on message boards like Silicon Investor. He spouted lies and fabrications to trick people into buy low float penny stocks which would then move from [...]

Tuesday, February 5th, 2008

Promostockpicks

Promostockpicks.com is advertising heavily around the net. This is one is a doozy! They have a very spiffy website complete with youtube videos of members thanking them for their absolutely amazing picks. This should be enough to make your internal alarms start ringing!