• Report: #881808
Complaint Review:

Stealth Stocks

  • Submitted: Sat, May 12, 2012
  • Updated: Mon, May 14, 2012

  • Reported By: debtsettler — Los Angeles California USA
Stealth Stocks
Internet United States of America

Stealth Stocks Dennis Slothower Ripoff providing STEALTH STOCK FANTASTIC DEAL SCAM NEWSLETTER FOR XCLL Internet, Internet

*Author of original report: Umm, because it had his picture and website at the bottom of the email?????

*Consumer Comment: Different view on Slothower

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I'm seriously annoyed with this internet so called stock GURU Dennis Slothower from http://www.stealthstocksonline.com

I made the mistake of signing up for his newsletter, and 3 weeks ago received an "Unbelievable Stock - Penny Stock XCLL" newsletter, which went on how fantastic this stock was. So of course I bought 500 (based on the recommendation http://www.stealthstocksonline.com), you can guess what happens next, the STOCK PLUNGES.

It was on OTC stock, which means many times, because of the low volume, someone might be trying to sell theirs, and encourages a sucker like myself to buy, and then gets rid of their junk stock, and the stock instantly drops.

So, in conclusion, this guy DENNIS SLOTHOWER and his website http://www.stealthstocksonline.com is a scam and a ripoff taking advantage of people who don't know much about investing. On the emails at the bottom, he puts a disclaimer, but the bottom line is, if he's emailing thousands of people with an enticing email about how much money they can make, on his newsletter, IT'S A SCAM, and HE'S A SCAMMER

This report was posted on Ripoff Report on 05/12/2012 11:17 AM and is a permanent record located here: http://www.ripoffreport.com/reports/stealth-stocks/internet/stealth-stocks-dennis-slothower-ripoff-providing-stealth-stock-fantastic-deal-scam-newsle-881808. 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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#1 Author of original report

Umm, because it had his picture and website at the bottom of the email?????

AUTHOR: debtsettler - (USA)

It's hard to distinguish between third party and marketing, when his website url, picture and contact information are at the bottom of the email.

If I was sending thousands of people information with my name attached to it, there has to be some type of responsibility and liability to whatever is being offered. Otherwise, why attach your name to the email.

When something goes wrong, of course the send of the email and the endorser are responsible for misleading and deceptive information. Bottom line, if he doesnt want bad stocks associated with him, then he needs to remove himself from whatever third party marketing he's associated with.

But to mislead the public is absolutely reprehensible, and the public needs to know and be aware not to fall prey to risky deceptive emails, like I did.

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#2 Consumer Comment

Different view on Slothower

AUTHOR: M Boddicker - (United States of America)

I too subscribe to Slothower's Stealth Stocks and Daily Alert.  They have both done very well for me. Daily Alert was also selected by Marketwatch.com as Newsletter of 2011, that's why I signed up.

I think what you're talking about are 3rd party emails...not sent by Slothower.

When I became a subscriber, I stopped getting them.  They are only sent to people that sign up for the free newsletter.

Anyway, I fished out one of the old emails, before I subscribed and wanted to check if Slothower sent it.

It clearly states on top of the email:

This message is a paid advertisement from Untapped Wealth.

Stealth Stocks does not endorse this company or its products. Please read all disclaimers.

How'd you confuse XCLL with a recommendation for Slothower?
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