Folks,
This is about a very recent venture floating on the Internet, being advertised even in such widely read websites as Before you buy anything, exercise DUE DILIGENCE. Any decent, reliable, trustworthy company would provide a REAL ADDRESS and REAL TELEPHONE NUMBER for you.
There is a Day Trading Robot allegedly developed by a programmer named Jason Kelly (just google Jason Kelly and Day Trading Robot) who claims he uses the neural network and artificial intelligence system developed by a Stanford AI authority named Dr. Robert Finn. He also claims to have developed this for a Hedge fund.
The product claims to be using the artificial intelligence neural network technology developed by Prof. Robert Finn and a James Holt, who they say is one of the world's most successful day traders and works for JP Morgan Asset Management. They claim that James Holt profits by up to $30,000 per day for the firm he works for... And was hired by Dr. Robert Finn to use his knowledge and experience to program the robot. Anyway, Jason Kelly claims tobe the chief programmer of this DayTrading robot because James Holt only entrusted him with knowing these trading patterns. He and Holt then turned each technique into an algorithm within the database that the robot could read.
To make a long story short, they claim to have developed and tested a Day Trading Robot programmed based on the artificial intelligence technology developed by the genius and Stanford professor — Dr. Robert Finn that will help you make $200, $300 or even $500 each morning simply using your home computer.
They have a subscription based system for $97 that will send you a list of penny stocks to buy every week. All you have to do is have an online trading account and simply buy the stocks they recommend and then watch as it soars within the week. They claim at this Day Trading Robot is the best there is as it has been purchased by large traders for $112,000 each (but they are offering this subscription system for people like you and me so that by word of mouth, we can spread the word).
If you want to read their entire advertisement, I won't bore you with the story. Just go to his website here:
Http://daytradingrobot.com/index-1.php
Anyway, I was interested in subscribing but decided to do some preliminary research. The preliminary research already raised a lot of red flags right off the bat.
Here's what I found:
1) Does the Foremost professor of Artificial Intelligence, Dr. Robert Finn exist at Stanford University? Googling his name and Stanford gets me nothing. Surely a foremost authority in this field would yield a result such as papers he had written in the field, prominent mention in artificial intelligence. The result & ZIP, ZERO, NADA. Does this Professor Finn even exist? Any reputable business that uses a "famous" name would refer you to his papers, work, etc, or even a website in Stanford that mentions him.
2) Their website has a contact number. I decided to call them to ask a few questions. Try calling their contact number: 641-715-3900 (Extension: 5737152#). Good luck getting a live person to talk to. All I got was an automatic voice system that asks me to enter some code.
This is an indicator of what will happen to you should you want your money back.
3) Try e-mailing them to see if you get a response. Try this email they gave:: [email protected]
Or this: [email protected]
All I got was a form response saying they'd get back to me within 12 hours.
It's been days and I got no response at all.
This is already an indication that the business is operating fly by night.
A company that really provides a product they're confident in would not operate in a bizzare, secretive manner. It would want to engage preliminary customers and talk to them to answer their questions. Don't be fooled by the video on their website, legitimate businesses don't operate like that.
Jason Kelly's Day Trading Robot, based on my initial attempts at even communicating with them does not fit the profile of a legitimate business you can trust.
EXERCISE DUE DILLIGENCE! We have many would-be Bernard Madoff's in the making.
Nat
New York, New York
U.S.A.
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