As you may have seen in other reports, Jason Kelly offers up extemely inaccurate and misleading data to get you to buy his recommendations. Why does he do this? As revealed AFTER his most recent recommendation on UOMO (to repeat: recommended at $. 81, ran to $1.06 intraday, and now is at $. 17. He said it would triple, so not many people sold at $1.06, when they bought in at $. 80 - $. 90, and now have a nice tax writeoff), his company, Day Trading Robot, owned a substantial number of shares in UOMO. So, he, and other web sites (probably his own sites), strongly recommended UOMO, creating a feeding frenzy, that dramatically, artificially, and very temporarily, drove the price up. I am sure they sold at a nice profit, while the rest of us got burned.
Of course, all of this is highly unethical, and should be illegal. Anyone who has feedback on the legality, please comment.
Jason is now at it again. He is starting to hype his next pick. Please don't let this guy burn you, too. It is too late for me, but if I can keep someone else from losing then maybe some good can come of this.
Finally, as I learned painfully, OTC/penny stocks do not trade very efficiently. For example, the price can change dramatically before your order is accepted/executed. Also, Limit Buys and Stop orders are typically not accepted.
In closing, avoid Jason Kelly and Day Trading Robot like the plague. He is bad news.
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