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September 2, 2008

comment DoublingStocks Review - How to Avoid Stock Market Deception

Filed under: Financial News — C4G @ 6:53 pm

artful dodgerI was browsing through ezinearticles.com today because I usually do that when I need a good laugh. The vast majority of “article marketers” who write the dribble that is published on the afformentioned article database are usually pumping and pimping some “get rich quick” schemes that are surely destined to make you less rich in the amount of the ebook or system they promoting.

One particular article, written by a person named Matthew James O’Connor particularly caught my eye because it was using a very popular technique of baiting readers by asking the likely question “DoublingStocks - Is it a Scam? Read Our Detailed Reviews”. Here is the laughable article reprinted below…

blockquote DoubleStocks is not an eBook, but rather a newsletter one receives roughly every week. This newsletter is backed by “Intelligent Software” called Marl.Marl is a stock-picking robot that was designed by 2 computer geeks and apparently analyzes every stock out there, giving Carl and Michael (aka Marl’s inventors) content for their “never wrong” newsletter. By using certain math formulas, proven methods and individual stock history, Marl can correctly predict the outcome of most stocks on the market.

Marl searches its online database for the best stocks to invest in, and displays the outcome on table format in the newsletter.

How Exactly does DoublingStocks work?

Not only does Marl predict which stocks to buy, but it also states the stocks entry point and target price/selling point.

Is DoublingStocks a Scam?

Note: DoublingStocks is a Legal Product.

DoublingStocks claims a 84% success rate and I confirm this to be true. But what I can also reveal to you is that many traders (probably because it is so cheap) believe this product to be a scam- These traders believe Marl to be a fake, and say you, as the subscriber, are being used to help pump the stock value of unheard companies that pay DoublingStocks to promote their stock.

If this scam is true, DoublingStocks still manages to boast a 84% success rate due to 1000’s of their subscribers investing in a company overnight- therefore it is obvious that the company’s stock price will rise.

So I find myself in 2 minds about this product: If you want to make cash, it will definitely work, but if you believe it to be a scam-stay away. At the end of the day, the ball is in your court… just keep it rolling.

To begin with, most of this article (and I use the term loosely) is copied and pasted directly from the DoublingStocks promotion page with a few minor changes to keep the article relatively safe from being labelled duplicate content. Second, the person writing this article sheds no new light on the topic he has created, does not answer his own question and does not provide any factual evidence to support his positions on the topic he intends to lure victims readers into buying the ClickBank product he is promoting here.

Why do I feel a need to enlighten anyone reading this blog to these hucksters and teach you how to avoid deception? Simple, as an avid affiliate marketer, I tend to only promote products and services I have first hand experience with and feel will be of added benefit to anybody who bothers to take the time to read my blogs in search of factual information. The main reason is that once people trust your recommendations, you will reap more as an affiliate than if you alienate your readers by turning them onto scammy products or services.

Not to mention, I myself have been tricked into buying some of these “get rich quick” ClickBank products which never, ever work as they proclaim. As far as “DoublingStocks” is concerned, the thing any sane person sane person should ask themselves is “Why is the author taking the time to write an article about the product?”

The second thing any educated consumer can do to research if they are being conned is to search Google for the target product or ebook’s name plus the word scam, (ie : doubling stocks scam)

In this case, over 392,000 results are returned by Google, and most of them return linkbait articles such as the one above that regurgitate the product’s pitch page with absolutely no screenshots of trading accounts, no proof of returns, no examples of stocks the MARL application has picked, nothing whatsoever that would validate this program as anything other than another ClickBank scheme that will pick your pocket faster than the artful dodger.



• • •

5 Comments »

    #1
    September 4, 2008 @ 6:44 am | Comment
    by Motorcycle Fairings

    I always recommend at the time to search for an specific thing on the internet to write the more possible words related to what you’re looking for so the results show you more appropiate articles related to that.

    #2
    September 5, 2008 @ 12:35 am | Comment
    by Jackson

    There’s so much of this out there. I can’t believe the number of people that are still getting suckered with these scams.

    Show on tv last night about all these lonely heart women sending 10’s of thousands of dollars to romantic love interest conmen.

    #4
    September 8, 2008 @ 12:41 pm | Comment
    by Atlanta Computer Repair Guy

    That’s the joy of the get-rich trend on the internet. Everyone is trying to make a buck. And most of it is done by people who have no idea what they are “pimping”. I love the make money from home doing surveys products. I think according to Clickbank they get an 80% return rate on those, which basically means the 20% were too damn lazy to bother getting a refund.

    #5
    October 9, 2008 @ 11:38 am | Comment
    by stock trading

    Great article, I see those stupid robot ads everywhere! Such a scam, if it was so good then why is Wall St not using it and we’d all be out of this mess!

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