Doubling Stock by Michael Cohen, is it a scam or it really works?

Question

Doubling Stock by Michael Cohen, is it a scam or it really works?

Answer 1

Agree with the views so far. Stick to what you know works in volatile markets. The tried and the tested have a place in our investment portfolios because they're proven.

Answer 2

See http://www.ripoffreports.com for information.   There are some unfavorable reviews for that stock program.   In terms of other reviews on the internet, you can not tell if they are unbiased since he has an affiliate program that pays webmasters if they sign up through a link on their site.

Answer 3

If it works that good, they should let you have it for on approval, you pay after you make the riches they say you can make with it!

If they really believe it works, they would do that.

Answer 4

Heard a lot about it but never tried it. When it comes to investing don't go by what's popular -- go with what works for you.

Realistically though, how can you 'double stocks'? Nobody can really predict how stocks can move. They can only give hints, tips and ideas. Only a long-term view with your own time and money invested in stocks can prove what works and what's just hype.

Answer 5

$4,000,000,000+ Annual Trading Profit http://sxcpro.com

Answer 6

Did you bother to read the disclaimer?  

At one point, they refer to the "apocryphal Michael Cohen".  So, they're lying up front.  "Michael Cohen" is an apocryphal character made up for marketing.  There is no Michael Cohen.

The disclaimer goes on to say "DoublingStocks.com and its services do not purport to provide an analysis of any company's financial position, operations, or prospects."   So, what are you paying for?

The disclaimer says "the newsletter does occasionally accept compensation from publicly traded companies for advertising purposes".  This means that the recommendations they send out are paid attempts to pump the stock and not based on analysis.

It says that you should "assume that all trading results featured on the DoublingStocks.com website and/or email newsletters are based on hypothetical or simulated performance results "  This means that nobody has ever actually made any money with their methods, or they would have an actual trading record.  It means they get their "proof of results" by running highly selected past data through their system and telling you about the tests that worked and not telling anybody about the periods of time when it didn't work.  The disclaimer goes on to give a pretty accurate explanation about why hypothetical trading results should not be relied on.

And people wonder if it's a scam....