Wade Cook of Asia reviewed by independent website:
thesecurityblanket.com
We have some indication that recent attendees are unappreciative of the tactics OIA uses to sign people up for the
seminar, that they feel pressured and that they are being "hyped". One seasoned trader who attended commented that
the instructor was not very knowledgeable.
Recent comments we have received from other preview attendees:
"After reading earlier reviews of the 90 minute presentations I was concerned about the "pressure sell". However, my
experience with the presention was positive. Phil Town was the presenter and his approach was very common sense
and didn't overhype the seminar or financial potentials."
--Brent, 06/28/00
"I attended the free 90 minute presentation yesterday with Phil Cowley. It has been a while since I have felt so
'pressured' about a program. Mr Cowley was so lacking in spontaneity and sincerity that I was turned off." --Sam
06/16/00
"A very persuasive, hired and trained salesman who likes the product and the pitch gave a very good presentation.
Plenty of hypes and testimonies.The [preview] was a great performance! Bravo.." (The rest of the correspondance
indicated that he felt their were three "plants" in the audience, a common technique in this kind of sales presentation.)
--Zielch 06/11/00
"I attended an introductory seminar held in Madison, Wisconsin this week. The presenter . . . was VERY
knowledgeable, and his presentation convinced me that the principles and techniques needed to do well on the 'net can
be taught. I am computer/internet literate, but I know NOTHING about stocks or mutual funds. I did not have ANY
sense that I was being hyped or pressured."
--Gael, 06/08/00
"What was stated at the introduction made sense to us. We didn't feel pressurized at all and enjoyed the 90 minute
presentation. They shared glowing testimonials of the successes that people have had using their system and Internet
site. Hopefully, we will be added to that list!! We won't know until we try!!" --Janice, 05/18/00
"I just attended an OIA preview and I came away with the feeling that it is a big hype session to stimulate interest and
then put the nail in the coffin to get your 3000+ bucks right now. Anyone can show back tests that have positive
results. Show the other side of the coin too. It reminded me of a few MLM meetings that I attended and patiently
waited and watch a few people suck in hundreds of hyped up dreamers to sign up right now or forever lose out. And
we know who makes it in the MLM scams. Until I am convince otherwise, I will keep on doing my mechanical trades
that don't require daily attention." --Ernie, 05/18/00
"They also claim that their program is not a get rich quick scheme, but their seminar speaker kept offering testimonials
and stock chart examples that showed explosive returns over a short time. Is this too good to be true?" --David,
05/02/00
"I went to the 90 minute seminar this week. I have been an active trader for about 2 years and have also gone to
several other seminars that try to get the observer sold on their market training classes. This 90 minute seminar was by
far the most high pressure sell I have ever experienced. I have heard about the Amway meetings and how they
generate excitement but I cant imagine them creating any more excitement than the Investors Advantage seminar. I
have to admit I was impressed with the information they presented but I thought it was deceptive in what they failed to
include. For Example:
1. I left the meeting feeling like If I followed all their indicators I could not lose. They were the Holy Grail of stock
trading.
2. I left the meeting feeling if I used their service making money in the market is very easy and a no lose situation.
3. Information on Insider trading was available immediately if I used their service. They did not inform us of the time
period the insiders have to report their activity.
It seems they have a good service and if they would have handled the meeting with less pressure and included more
information on the risk aspects I would have been a customer."
--Rick, 04/27/00
"I attended the preview and it was good from the standpoint of the speaker and the information that was provided. The
presenter had good infomation on the covered call process and a peek at three of the tools that the program uses to
select and buy/sell indicators. He was very knowledgable and informed. I would really like to hear from someone that
works inside Investors Advantage. I felt at times that I was getting the marketing pitch from a hired gun."--Jim
03/02/00 |
