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SBL Market Guide Program

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Hi

Recently been contacted by these guys offering me this computer program which analyses UK stock market activity on a daily basis and is set up so any loses are set at a maximum 5% - the program is based on short term cumulative gain which then is invested in the next company. I buy a program for £ 4750 which is half price - I have to pay the full price if I haven`t made a return of £ 30k on my initial investment of approx £ 2k within 2 years...

Anyone else been contacted or have thoughts..

Thanks
«1

Comments

  • ColdIron
    ColdIron Posts: 9,814 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Name Dropper
    edited 11 February 2019 at 5:25PM
    Cold called? If this software was so great why don't they use it themselves to clean up? The only people making money with these get rich quick schemes are the people selling the scheme. Avoid

    Might be worth a read
    https://forums.moneysavingexpert.com/discussion/5837227/rvs-closing-price-system
  • coyrls
    coyrls Posts: 2,508 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Bathtime? You'd certainly be the one taking a bath.
  • verybigchris
    verybigchris Posts: 630 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    edited 11 February 2019 at 5:47PM
    Obvious scam is obvious. You need to avoid this, and avoid all the others you're going to hear about now you're on some fraudster's call list.
  • Malthusian
    Malthusian Posts: 11,055 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    This is a reboot of the RVS Closing Price System scam (linked to by ColdIron) which was itself a reboot of the HSL Smart Market system scam. The offering, the three letter acronym business name, and the use of a flood of fake forums to make it look as if the system is older than it is are all identical.

    Fool me once, shame on you, fool me twice, shame on me, fool me three times, I need to wear locking mittens on my hands 24/7 for my own protection.
  • ColdIron wrote: »
    Cold called? If this software was so great why don't they use it themselves to clean up?

    Or, if not that, at least sell it to banks, asset managers and hedge funds who would pay a lot more than £4750 a pop for it if it worked!
  • ChesterDog
    ChesterDog Posts: 1,143 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    It does work. And it does make a lot of money.

    However both of those facts apply only to the charlatans who sell it, not to their victims who buy it
    I am one of the Dogs of the Index.
  • AVOID unless you love giving money to Crooks.
    Same scam as HSL smart market system & RVS closing Price System!!
  • Mr.Saver
    Mr.Saver Posts: 521 Forumite
    Fifth Anniversary 500 Posts Name Dropper Photogenic
    AVOID unless you love giving money to Crooks.
    Same scam as HSL smart market system & RVS closing Price System!!
    Did you know this is a more than a month old post:eek:
  • Malthusian
    Malthusian Posts: 11,055 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    Never hurts to say it again though, especially as it boosts the thread's Google ranking, and the scam employs an army of fake forums to compete with it on search engines.
  • https://marketguide.co.uk/company/
    website is still current althogh google seems to have come good and invalidated all the fake links to the supposed "good reviews"
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