- Report: #1101367
Report - Rebuttal - Arbitrate
Complaint Review: Jason Cox Market Authority
Jason Cox Market Authority901 Rio Grande NW Suite D220A, Albuqurque, New Mexico USA
Jason Cox Market Authority Sam Johnson Passive Income Trader Worst stock picks you will find and doesn't honor refunds Albuqurque New Mexico
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I made the mistake of signing up to this service in September after receiving spam mail in which they claimed a 100% win rate which is totally bogus.
I have since read that "CEO and Passive Income Strategist" Jason Cox is in fact a 20 something juvenile delinquent running this scam from his mom's basemnet - see a detailed review with many angry comments here:
One thing for sure, he has no clue about stocs trading. The first selection I received (PWEI) lost 98% and wiped out my account! I asked for a refund under their "60-day money back guarantee" but was told by this idiot that I had to wait 60 days to apply for this...
Over the next few weeks there were three more picks, these all lost money as well.
When the 60 days finally arrived last week I went back and requested my refund again, but was told they had "cash flow problems" so couldn't process this. You really couldn't make this stuff up.
It looks like the company is now in meltdown, instead of the one pick a month promised, they are popping these out like turds (literally too) - 11 picks - they even did one twice - and out of those 11 all but ONE have lost money!!!!
Here is what they have recommended in the last few days
11/18 - WTCG - LOST 63.5%
11/18 - NSYS - LOST 6.8%
11/18 - PGLO - LOST 26.4%
11/18 - VTEQ - the only winner +8.7%
11/19 - SGLB - LOST 16.8%
11/19 - CCGI - LOST 4.8%
11/19 - VEND - LOST 11.5%
11/19 NVIV - LOST 13.4%
11/19 VEND - SECOND LOST 8.8%
11/19 ELRA - LOST 52.6%
And yesterdays "Mega-Pick" MULI is down 24% and counting....
Total losses of 219.9% in under a week, yet this peckerhead is still claiming a 93% win rate! No wonder he doesn't have the money to pay refunds!
This report was posted on Ripoff Report on 11/21/2013 11:52 PM and is a permanent record located here: http://www.ripoffreport.com/r/Jason-Cox-Market-Authority/Albuqurque-New-Mexico-87104/Jason-Cox-Market-Authority-Sam-Johnson-Passive-Income-Trader-Worst-stock-picks-you-will-f-1101367. 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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