Anybody heard of CWL

daddy_bro wrote: »

I've had a couple of phone calls from a company called CWL offering a system for buying and selling shares. They make wild promises about making 10% per month. I've searched everywhere on line but cannot find anyone with a bad word to say about them but then again there is very little out there apart from some press releases and a tiny number of forum treads.
Has anyone heard of them, good or bad?

Sorry for making this my first post in ten years membership, been very busy.

Sorry for this post being so harsh, but you need a reality check.

Is it not stark staring obvious that if anyone had a way of making 10% a month they'd just do it themselves rather than give the secret away? If they took the money they invested in making phone calls to the terminally gullible, inside a few years they'd have tens of millions.

Bottom line, if you invest in anything like this*, you are a fool, and you need to ask yourself a very harsh question, why are you even contemplating this when its so obviously a scam? Greed? Idiocy?

* there are variations on this with storage pods, hotel rooms, student accommodation, forests etc etc and even those scams only promise ten percent a year, not a MONTH !!

Good morning folks,
I too have received calls and paperwork. Last night I was taken through an online demonstration. The cost for the programme is almost 10k, with deferred options and guarantees (?) available. The demo and question/answer chat lasted 90 minutes.
One question I asked is what you guys mention. Why take the time to sell this to me when you can make so much money trading yourself? The answer I was given was twofold. The trader talking to me would receive a £900 personal bonus after the sale. Secondly the company hoped that some customers would "upgrade" from this quick trade system to the daily system - costing 25k.
The product has gathered data over ten years of 1500 LSE listed stocks and uses this to try and predict rises and falls over a period of less than 30 days. The "magic" happens when you buy at the bottom of an up slope and sell at the top of a down slope.
I too have searched forums for customers already using the system but have found very little.
What else should I be doing to complete due diligence of this product?
I am expecting a phone call from them on Monday.....Cheers

Cheers Jack
Appreciate you comment but can I ask you to elaborate please? Where exactly is the catch? They have guaranteed all money for product back in 12 months on receipt of trading records that do not profit more than the cost of it?? Why am i not reading posts from folk who have been stung or failed miserably? Confused......I am not reading positive reviews either though