- Report: #1010399
Complaint Review: Bottarelli Research
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| Bottarelli Research
Naperville, Illinois United States of America |
|
Bottarelli Research Bryan Bottarelli, Bottarelli Research is a scam and ripoff Naperville , Illinois
*REBUTTAL Owner of company: Official Bottarelli Research Response
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Bottarelli Research in my opinion (and I am a lawyer) is a complete and utter ripoff and epitomizes the need for a site like the Ripoff Report. My client purchased their options recommendation service in January 2013.
It was discovered that: (i) the results of sizeable profits and profit percentages do not match reality, (ii) the entry prices are often unobtainable (unless you're sitting right next to Bottarelli in their offices, and sometimes the prices cannot be obtained in any event), (iii) the company and the individuals running it do not answer emails and do not return phone calls, and (iv) fail to honor their refund policy. In other words, they provide no support at all, do not adhere to their promises, and literally "hide their heads in the sand."
Calls and emails were left unanswered and demands for a refund were met with deaf ears, yet their sales pitch specifically states:
Refund Anytime
...And were committed to your complete satisfaction. So heres our pledge to you If you are arent happy for any reason or if you feel this style of investing is too aggressive for you, just say the word. You can receive a prorated refund anytime during your membership term. No questions asked.
Succinctly stated, they have failed on that pledge miserably. In my opinion, don't get near these people. In my further opinion they are total cheats. Bottarelli Research will do anything in their power to rip you off in my view and experience.
It was discovered that: (i) the results of sizeable profits and profit percentages do not match reality, (ii) the entry prices are often unobtainable (unless you're sitting right next to Bottarelli in their offices, and sometimes the prices cannot be obtained in any event), (iii) the company and the individuals running it do not answer emails and do not return phone calls, and (iv) fail to honor their refund policy. In other words, they provide no support at all, do not adhere to their promises, and literally "hide their heads in the sand."
Calls and emails were left unanswered and demands for a refund were met with deaf ears, yet their sales pitch specifically states:
Refund Anytime
...And were committed to your complete satisfaction. So heres our pledge to you If you are arent happy for any reason or if you feel this style of investing is too aggressive for you, just say the word. You can receive a prorated refund anytime during your membership term. No questions asked.
Succinctly stated, they have failed on that pledge miserably. In my opinion, don't get near these people. In my further opinion they are total cheats. Bottarelli Research will do anything in their power to rip you off in my view and experience.
This report was posted on Ripoff Report on 02/07/2013 11:40 AM and is a permanent record located here: http://www.ripoffreport.com/r/Bottarelli-Research/Naperville-Illinois-/Bottarelli-Research-Bryan-Bottarelli-Bottarelli-Research-is-a-scam-and-ripoff-Naperville-1010399. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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Official Bottarelli Research Response
AUTHOR: Bottarelli Research - (United States of America)
SUBMITTED: Friday, February 15, 2013
The posted opinion of Bottarelli Research is from a member who was only subscribed for 2 weeks before canceling. Judging our service for such a short period of time does not offer an accurate view of our trading record.
Furthermore, during the 2 weeks when this member was active, Bottarelli Research made gains on 9 out of 12 trades. For full disclosure, here is our complete track record during this period:
ENTRY DATE TRADE % GAIN (LOSS)
1/24 GMCR February 44 Calls 27%
1/25 GMCR February 45 Calls 24%
1/28 FB 31/33 Earnings Strangle (-15%)
1/30 COP February 60 Calls (-75%)
1/31 CSX February 22.50 Puts 23%
1/31 WYNN February 125 Calls 23%
02/01 GMCR February 45 Calls 15%
02/04 HLF February 40/50 Strangle 40%
02/04 BIDU February 100 Puts 196%
02/05 EXPE February 65 Calls 21%
02/06 GMCR February 45 Calls 22%
02/07 NSC March 70 Puts (-39%)
Every entry and exit price in our track record reflects real, executable prices. To trade in volatile market conditions, Bottarelli Research offers numerous technologies (beyond just email, which is not 100% reliable and prone to delays) to deliver buy and sell alerts to clients immediately.
Bottarelli Research provides customer support via email.
We also honor every single refund request, and issue prorated refunds according to our Terms and Conditions.
http://www.bottarelliresearch.com/terms-conditions/#subscription
The former member who posted this complaint received a refund.
Day trading options can be extremely fast-paced and often times requires an active commitment. We acknowledge that it's not for everybody. While members do occasionally cancel because they cannot keep up with the trades, we have thousands of satisfied clients using our service every day that are pleased with our trading results.
Furthermore, during the 2 weeks when this member was active, Bottarelli Research made gains on 9 out of 12 trades. For full disclosure, here is our complete track record during this period:
ENTRY DATE TRADE % GAIN (LOSS)
1/24 GMCR February 44 Calls 27%
1/25 GMCR February 45 Calls 24%
1/28 FB 31/33 Earnings Strangle (-15%)
1/30 COP February 60 Calls (-75%)
1/31 CSX February 22.50 Puts 23%
1/31 WYNN February 125 Calls 23%
02/01 GMCR February 45 Calls 15%
02/04 HLF February 40/50 Strangle 40%
02/04 BIDU February 100 Puts 196%
02/05 EXPE February 65 Calls 21%
02/06 GMCR February 45 Calls 22%
02/07 NSC March 70 Puts (-39%)
Every entry and exit price in our track record reflects real, executable prices. To trade in volatile market conditions, Bottarelli Research offers numerous technologies (beyond just email, which is not 100% reliable and prone to delays) to deliver buy and sell alerts to clients immediately.
- iPhone + iPad app, which delivers alerts instantly via push notifications.
- Alert Auto-Notification on the Web, which automatically displays alerts and plays a sound without having to refresh the page.
- RSS, which updates the feed in any supported RSS reader when new alerts are published.
Bottarelli Research provides customer support via email.
- For technical issues, please email us at help@bottarelliresearch.com.
- For subscription and account questions, please email us at support@bottarelliresearch.com.
We also honor every single refund request, and issue prorated refunds according to our Terms and Conditions.
http://www.bottarelliresearch.com/terms-conditions/#subscription
The former member who posted this complaint received a refund.
Day trading options can be extremely fast-paced and often times requires an active commitment. We acknowledge that it's not for everybody. While members do occasionally cancel because they cannot keep up with the trades, we have thousands of satisfied clients using our service every day that are pleased with our trading results.
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