• Report: #951203

Complaint Review: Schaeffers Research.

  • Submitted: Fri, October 05, 2012
  • Updated: Fri, October 05, 2012

  • Reported By: Galyna — Punxsutawney Pennsylvania United States of America
Schaeffers Research.
Cincinnati, Ohio United States of America

Schaeffers Research. Options Advisor. Cincinnati, Ohio

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Have you ever buy investment services or you think you would buy? Think again, especially, when you are going to buy a Schaeffers Research offers. You can see their banners almost on every related to the investment sites. Their promises look great, just read this:

Can you spare 7 minuteson Sunday?

If you could use some extra cash on the side...but you have NO desire to work a second job...or launch an Internet business... or engage in some crazy "work from home" scheme...

...then this could be one of the most important messages you'll ever read. That's because our Weekend Trader Series uses a simple strategy that lets you pocket as much as $2,410 in just one day...$9,800 in 2 days... or $7,290 in 3 days.

And all it takes is 7 minutes on Sunday night. And you can do it in the comfort of your own home.

The secret is a short-term option trading strategy that lets you target double your money gains week after week...

Brand New Schaeffer's Weekend Trader Series:

+211% GAINS on Potash in 6 days
+157% GAINS on Mosaic Company in 9 days
+118% GAINS on Synaptics in 22 days
+114% GAINS on Autodesk in 17 days 
+118% GAINS on Intercontinental Exchange in 13 days
+107% GAINS on priceline.com in 22 days
+121% GAINS on Meritage Homes in 4 days
+148% GAINS on Market Vectors Steel ETF in 34 days
+147% GAINS on Exxon Mobil in 3 days
+157% GAINS on LDK Solar in 2 days 
+324% GAINS on Cree in 3 days

Just look what you get with your Schaeffers Weekend Trader Series Subscription...

Weekly trade targeting up to 100% gains - Our team will be scouring the market looking for the best option trading opportunity to email you each Sunday at 7 pm ET. That's 52 trades a year...and every trade will target double your money gains of up to +100%. 
Each trade will be a straight call or put purchase.
You'll get everything you need to trade - Maximum entry price, profit objective, stop-loss and time stop will accompany each trade. You can set up your open and close right away and then rest easy.
Cheap option premiums - Most recommended options will cost from $5 to $20. It won't cost much to get into these hot trades.
Short holding periods - You'll typically hold open positions from about one week to one month, so your money isn't tied up for long periods of time.

Get ready to sit back, put your feet up and target big profits from your Schaeffer's Weekend Trader Series subscription.

Sounds very good, arent it? I should be alarmed that there are no losses posted as well as the percentage of the gain/loss rate. Of cause, they informed in their hand book, but only after ones buying the service, that one should be happy with the gain under 50%!

I have bought their yearly subscription because I have a limited account and their promise of short holding periods - from about one week to one month, so the money isn't tied up for long periods of time. However, their trades set for up to two-three months. One has to have decent money available for the trading or would stuck for a long period of time. It is mean that there is no cash flow with the limited account.

I have to admit that it was a great offer with the discounted price for a one year and free second year subscription. Anyway, I did not get what I expected from their promises and contacted them with the request to subtract a fee for the month of services and give me a refund. I had a battle with them for a week. They wouldnt bother to respond on my email and answered only after my attempt to inform them that I am going to file a credit card dispute. The disagreement went to nowhere.  Finally, I have contacted my credit card for a dispute; but I have missed the important part in their terms of conditions: due to the exclusive nature of the service subscriptions are not refundable. What nature? Will I get their advice a year ahead of the market move? They forgot the simple rule that a customer is always right. All reputable investment advising services, such as Baottarelli Research, Zacks investment or Guy Cohens services, to name a few, have from 35 to 90 days money back guarantee. This one is probably so good that has to tie their customers with no refund policy in order to stay in the business.   

The lesson I have learned is better to spend money on education and made trades with your coach while attending the classes  than being trapped in the investment advice services such as Schaeffers Research.

This report was posted on Ripoff Report on 10/05/2012 09:12 AM and is a permanent record located here: http://www.ripoffreport.com/r/Schaeffers-Research/Cincinnati-Ohio-/Schaeffers-Research-Options-Advisor-Cincinnati-Ohio-951203. 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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