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Report: #424556

Complaint Review: Jason Kelly's DAY TRADING ROBOT - Miami Florida

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  • Reported By: New York New York
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  • Jason Kelly's DAY TRADING ROBOT 8345 NW 66TH ST #2785 Miami, Florida U.S.A.

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Folks,

This is about a very recent venture floating on the Internet,being advertised even in such widely read websites as (((Redacted))) Before you buy anything, exercise DUE DILIGENCE. Any decent, reliable, trustworthy company would provide a REAL ADDRESS and REAL TELEPHONE NUMBER for you.

There is a Day Trading Robot allegedly developed by a programmer named Jason Kelly ( just google Jason Kelly and Day Trading Robot ) who claims he uses the neural network and artificial intelligence system developed by a Stanford AI authority named Dr. Robert Finn. He also claims to have developed this for a Hedge fund.

The product claims to be using the artificial intelligence neural network technology developed by Prof. Robert Finn and a James Holt, who they say is one of the world's most successful day traders and works for JP Morgan Asset Management. They claim that James Holt profits by up to $30,000 per day for the firm he works for... And was hired by Dr. Robert Finn to use his knowledge and experience to program the robot. Anyway, Jason Kelly claims tobe the chief programmer of this DayTrading robot because James Holt only entrusted him with knowing these trading patterns. He and Holt then turned each technique into an algorithm within the database that the robot could read.

To make a long story short, they claim to have developed and tested a Day Trading Robot programmed based on the artificial intelligence technology developed by the genius and Stanford professor -- Dr. Robert Finn that will help you make $200, $300 or even $500 each morning simply using your home computer.

They have a subscription based system for $97 that will send you a list of penny stocks to buy every week. All you have to do is have an online trading account and simply buy the stocks they recommend and then watch as it soars within the week. They claim at this Day Trading Robot is the best there is as it has been purchased by large traders for $112,000 each ( but they are offering this subscription system for people like you and me so that by word of mouth, we can spread the word ).

If you want to read their entire advertisement, I won't bore you with the story. Just go to his website here :

http://daytradingrobot.com/index-1.php

Anyway, I was interested in subscribing but decided to do some preliminary research. The preliminary research already raised a lot of red flags right off the bat.

Here's what I found :

1) Does the Foremost professor of Artificial Intelligence, Dr. Robert Finn exist at Stanford University ? Googling his name and Stanford gets me nothing. Surely a foremost authority in this field would yield a result such as papers he had written in the field, prominent mention in artificial intelligence. The result --- ZIP, ZERO, NADA. Does this Professor Finn even exist ? Any reputable business that uses a "famous" name would refer you to his papers, work, etc, or even a website in Stanford that mentions him.

2) Their website has a contact number. I decided to call them to ask a few questions. Try calling their contact number : 641-715-3900 (Extension: 5737152#). Good luck getting a live person to talk to. All I got was an automatic voice system that asks me to enter some code.

This is an indicator of what will happen to you should you want your money back.

3) Try e-mailing them to see if you get a response. Try this email they gave : : support@daytradingrobot.com

or this : jason@daytradingrobot.com

All I got was a form response saying they'd get back to me within 12 hours.
It's been days and I got no response at all.

This is already an indication that the business is operating fly by night.

A company that really provides a product they're confident in would not operate in a bizzare, secretive manner. It would want to engage preliminary customers and talk to them to answer their questions. Don't be fooled by the video on their website, legitimate businesses don't operate like that.

Jason Kelly's Day Trading Robot, based on my initial attempts at even communicating with them does not fit the profile of a legitimate business you can trust.

EXERCISE DUE DILLIGENCE ! We have many would-be Bernard Madoff's in the making.

Nat
New York, New York
U.S.A.

CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.

This report was posted on Ripoff Report on 02/16/2009 07:38 AM and is a permanent record located here: https://www.ripoffreport.com/reports/jason-kellys-day-trading-robot/miami-florida-33166/jason-kellys-day-trading-robot-folks-exercise-due-dilligence-before-buying-this-is-a-wa-424556. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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#5 General Comment

Heres what the real Standford Professor says

AUTHOR: westcoasttrades - (USA)

POSTED: Saturday, September 24, 2011
Robert Finn

 Professor Emeritus

 Office: Math building 382-E

Phone: 723-2605

 email: finn "at" math.stanford.edu
 --------------------------------------------------------------------------------

Disclaimer I am in no way affiliated with "Day Trading Robot" sponsored by Jason Kelly or with any other stock trading scheme. I have no knowledge of any of the things with which the Day Trading Robot site credits me. I have never met Jason Kelly, nor had I heard of him prior to the appearance of that site. I believe the use of my name and university affiliation on that site as support for the Day Trading Robot scheme to be fraudulent, and I have registered a formal protest with IC3 to that effect.

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#4 Author of original report

Here is the official Dr. Robert Finn Response to the Day Trading Robot

AUTHOR: Nat - (U.S.A.)

POSTED: Saturday, March 07, 2009

Please read Dr. Robert Finn's official response to Jason Kelly here on his Stanford Website :

http://math.stanford.edu/~finn/

Robert Finn

Professor Emeritus
Office: Math building 382-E
Phone: 723-2605
email: finn "at" math.stanford.edu


Disclaimer

I am in no way affiliated with "Day Trading Robot" sponsored by Jason Kelly or with any other stock trading scheme. I have no knowledge of any of the things with which the Day Trading Robot site credits me. I have never met Jason Kelly, nor had I heard of him prior to the appearance of that site. I believe the use of my name and university affiliation on that site as support for the Day Trading Robot scheme to be fraudulent, and I have registered a formal protest with IC3 to that effect.

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#3 Author of original report

The Robert Finn at Stanford you refered to denies any connections with Day Trading Robot

AUTHOR: Nat - (U.S.A.)

POSTED: Sunday, March 01, 2009

I am aware of the Dr. Robert Finn that you referred to in the above link, and yes he is a math professor. However, please note that his field is NOT artificial intelligence nor is it in the specialized field of neural networks. This Prof. Finn's field is Fluid Dynamics and Differential Geometry ( two fields that are UNRELATED to artificial intelligence ),

Furthermore, someone else contacted this Prof. Finn ( the telephone number is on the link you cited ). See this site :

http://hubpages.com/hub/Day-Trading-Robot-Review---What-They-Dont-Tell-You-In-The-Sales-Letter

Here is Dr. Robert Finn's response :

"I have no connection at all with any stock trading schemes. Nor have I done any of the things attributed to me on the website. Robert Finn"

Now as for James Holt of Washington State University, you better be careful because this could be a DIFFERENT person with the same name. Jason Kelly does not identify the James Holt he is associated with as a college professor, but a successful DAY TRADER with JP Morgan Asset Management.

Finally, I've spoken to people who have subscribed to the newsletter since late January 2009 ( I am writing this on Mar 1 ). It has been close to 4 weeks and they have NOT received any newsletter from Jason Kelly at all.

Suffice it to say that a company that desires to do business with the public would list a LEGITIMATE PHONE NUMBER and would respond to e-mails (not send them a form response ).

EXERCISE DUE DILLIGENCE FOLKS. Your money is too precious to lose at a time like this.

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#2 Consumer Comment

acccctually

AUTHOR: Jeff P - (U.S.A.)

POSTED: Saturday, February 21, 2009

You said you searched Dr. Finn and Stanford on Google and found nothing, but I did the same thing and the very first link showed that he IS in fact a mathematics proffesor at Stanford. http://math.stanford.edu/directory/faculty.html Thats the link right there, I can't imagine how you missed that as it is the very first one that appears, in fact the entire first page of results for Dr. Robert Finn Stanford points to the fact that he IS a stanford proffesor.

Also I searched James Holt and he IS a Professor and Washington State University. Both of their descriptions also put them in the exact categories that the Jason Kelly fellow said the would be in ( A.I. and mathematics). Also if you use the business week search bar that shows up when you google business week to search for day trading robot you actually get SEVERAL results about the robot. I don't know why you didn't see all of this information, but as far as I can tell he's not making these people up nor the featured articles, now whether or not this robot is real.. I don't know, you'll have to pay the $97 and find ;-).

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#1 Author of original report

DAY TRADING ROBOT

AUTHOR: Nat - (U.S.A.)

POSTED: Monday, February 16, 2009

BTW, the company claims that their Day Trading Robot has been featured in BusinessWeek and Wall Street Journal.

If you google BusinessWeek and Wall Street Journal and Day Trading Robot, all you get is the same site that made this claim, namely -- theirs.

A legitimate company not afraid of telling the truth would provide a link or even the issue of Businessweek and Wall Street Journal where it was featured.

That's another red flag right there. BEWARE !

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