I got this interesting"no risk" offer in the mail from a guy named Frank Simpson of Montclair, California. He guarantees I can turn $600 into $100,000 within 30 days trading options using his system and methodology or my money back. Yeah, right. I used Frank's prepaid business reply by mail envelope to return the order form stating: Send me your system. If I can turn $600 into $100,000 I will send you $50,000 in payment. Sworn this 11th Day of April 2006. Signed Christopher D. Colvin Let's see if he bites.
The April 575 Puts were .35 on Friday and then today they reached 1.70 highest meaning 400%. Somebody bought 30 puts worth $1K odd would be sitting on $4K today. To reach 100K from here you need 2 more 4 bagger hits and then one half bagger. With options it might be possible, but what are the probabilities of getting Three 4-bagger hits in a row? Another common question is 'then why is the guru selling the system to others?'. Options are volatile business and not for everyone.
Here's the system...you send him 50k and send out 100 offers like his...its a numbers game... see you on the corner....I'm the one with the sign...
Paul Mladjenovic got a course at the Learning Annex which boasts track records for it's claims. Ultra-Investing â Turn $3,000 to $80,000 in Six Months or Less http://www.learningannex.com/default.taf?sctn=Y&_function=detail&cnum=827CNY&cat=
"What can be asserted without evidence, can be dismissed without evidence." True for religion of any type and true for trade touts.