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Is Daytrading Robot a Scam?

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Is Daytrading Robot™ a Scam?
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Product Name:

Daytrading Robot Trading Platform

Overall Consumer Rating:

1 star - avoid 2 stars - consider 3 stars - good 4 stars - very good 5 stars - excellent
Is Daytrading Robot a Scam
Refund Rate: 
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 Not Available (what's this?)
Product Description:

 Developer designed penny stock picking algorithm and sends email alerts to paying subscribers to signal imminent price movement. Picks occur as and when the algorithm aligns itself which may occur only once or twice a year. Due to the large number of subscribers, one questions whether the stocks' price spikes after the picks come out are a result of accurate prediction or simply the spike in the number of buyers - a sort of 'self fulfilling prophecy'. Either way subscribers who buy quickly after the alerts come out report solid paper gains. Just be quick to exit and take profits.

Update: Latest pick BGBR (April 2010) failed to reach developer's target and in fact lost some 50% of it's value
Product Developer:

 Jason Kelly - Run a background check (where available)
Developer Qualifications:

 Software developer and experienced stock trader combines the two skill sets
Product Specifications:

 Timely email alert with justifications
Official Domain Name:

 www.daytradingrobot.com
Brand/Company:

 Daytrading Robot™/DaytradingRobot.com
Investment:

 US$97 one time payment (upgrade options available)
Payment options:

 credit card - paypal
Guarantee:

 N/A
Refund protection:

 Not available for this product  (what's this?)
Bonuses:

 Not available for this product  (what's this?)
Customer Opinion Form: Customers please leave your opinion here

Customer Feedback (summarized):
The following comments are not testimonials but summarized comments from websites and blogs across the internet (paid and non paid websites), rss feeds, industry publications, or taken from the buyer opinion form above).

"With only one pick in 2009 and possibly only one in 2010 (April) no one is going to get rich using the DayTradingRobot (except Jason Kelly). By definition you can't buy too many of a penny stock (too little volume) so even if you double or triple your money it won't be much".
Customer opinion

"You don't actually buy the robot trading software from him, the way it works is he uses it to make the stock picks and then sends you those predictions in an email. That is what sets it aside from other stock picking software".
PennyStocksBlog

"Once Jason has identified the company to follow his trading software is pretty good at choosing the exact moment to enter, even weeks ahead. I made a bundle from UOMO (2009 pick) which paid for my subscription 100 times over but that was it for the year! Here's hoping the markets are better in 2010 and we'll get more picks".
Customer opinion

Best Trading Strategy


Do you have a question or comments about this product? Don't be shy! Ask it here ...

Comments which blatantly promote (or dismiss) a product without purchase verification will be removed during the next moderator clear up. Customers can comment from the Customer Opinion Form above. Thank you.


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