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report scam| Country | United States |
| State | New Hampshire |
| City | Lee |
| Address | 62 Calef Hwy. #233 |
| Phone | 1 (855) 5907694 |
| Website | https://www.biotechbreakouts.com/ |
Took a trial for 3 months, got the feeling Kyle Dennis and Raging Bull are more about internet marketing services rather than real, consistent, profitable trading. They deal mostly in thinly traded stocks that by the time you get the alert, price has already moved from where he got in.
Waste of time and money for the 3 months I was with him. Cancelled the service, no problem with cancelling the auto renew. Lots of bad reviews of the 3 stooges of Raging Bull, Dennis, Bond, and Bishop.
After been charged $2,999 for an automatic renewal today of Kyle Dennis Biotechbreakouts biotechbreakouts.com, the renewal that I canceled 11 months ago, I decided to expose some of the companies that continue to scam people and making millions on the way. Don’t get me wrong, I don’t have anything against people who are making millions honest way.
Let’s take a closer look below to our story, that maybe could help some people and save a lot of money that they can potentially loose.
Me and a few of my friends decided a 2 years ago to try some of the companies that are offering to “teach” you how to trade stocks, penny stocks and options. To name a few: Jason Bond and his jasonbondtraining.com , jasonbondpicks.com, ragingbull.com, Jeff Bishop, who is running now his weeklymoneymultiplier.com and his weeklymoneymaker.com, and his topstockpicks.com, Kyle Davis who is running his biotechbreakouts.com , Jeff Williams and his pennypro.com, Petra Hess and her petrapicks.com.
We have found that these companies have an impressive numbers and loyal followers, we were sure from the beginnings that there have to be something fishy but we didn’t know at this point have to be a scam, but we decided to experience some of the programs first-hand and pay for some of their subscriptions that range from hundred up to thousands of dollars.
After a few sessions with various of them we were 100% sure that they don’t provide what they promised and they just use you to pump and dump stocks. But it doesn’t ends here the other income what they have is to charge the customer on automatic renewal even if you cancel it.
A lot of people tried to cancel the subscription or asked for refund and they responded that you didn’t cancel so they can charge you again and again…We are talking sometimes about $3,000, #6,000 or even more depending of services that you subscribed. In the end is not difficult to realize and confirm that they are only fooling members/subscribers into purchasing subscriptions so they are actually making thousands of dollars even if the market goes alongside.
If you try to contact the moderator through the chat, they will ask you to chat in private to not bother another subscribers in public chat, but then they answer you that they can not do anything that you have to contact the company, etc. When you continue to contact him he will just play with you and if you write another post on public chat he just shut down you access, so nobody else from the chat will see what is really happening.
Would be great to see to how many people they shut the access during a years. They are just playing with you how Kyle Dennis was playing with me when I tried to contact him regarding the illegal credit card charge of $2,999 a few days ago. In the end the only option that you have is to call your bank to dispute the charge and change your credit card.
Kyle Dennis looks like a genuine guy, but in the end he knows how the hard business and scam works. Maybe he doesn’t realize that his reputation is in play as well, so I decided to file the complaint against him and the whole company. I hope that the investigation starts soon and they will stop stealing money from the people.
All of these clowns are looking to take your money and drain your accounts, Jason Bond, Kyle Dennis, Timothy Sykes, etc. They know that folks are looking for the holy grail of making money in the markets. They know that seniors are looking for solutions to not having enough for retirement. The only way you can learn how to trade is to trade, find what suits your personality, have well defined rules to control risk, and work everyday to improve your equity curve. Your wasting your time with penny stocks.
Hi, I signed up for the service for an introductory rate of $1500 for options trading guidance. I have been with this service for over 3 months now and have lost more than half of my portfolio trading Kyle Dennis' recommendations. I understand options trading can be difficult as I have experience trading for over 3 years now. These are stated as recommendations only, that I fully understand. I don't understand how one can charge so much for a failing service. I can verify that well over the majority of his calls have been loses. I am attaching a screen shot of just the current portfolio (this is on 10/16 @12:30-ish PST, SPY up 2.18%). This is typical of what I have experienced. I am definitely not satisfied with the service. Beware! If you are considering signing up, I advise you to see a history of the calls. I usually do not complain about things on the internet, but this is ridiculous and I hope to save some of you out there some money.
I don't trust this merchant. If he was so good at what he does why is he spending his time teaching instead of doing, when he could be making a ton of money (supposedly) by doing what he preaches. He says that this is his life life blood. If he was such a hotshot trader why is he counting on his merchant status as his life blood? Keep in mind, most day traders go bankrupt. So be very careful and think of how much you will save by not paying 1000's of dollars to this merchant every year.
On the morning of January 30, 2019, I checked my current Visa account to discover that biotech breakouts had charged my account the above amount. This was done without my permission and they did not even give me a courtesy email that this charge was going to be applied. This was a supposedly automated renewal which I have never authorized.
I immediately sent the company an email demanding a reversal of the charge. "Nathan" replied and said there are no refunds period. I also immediatley contacted Visa and explained that I did not authorize this charge. They were no help whatsoever and sounded very much like they were on the side of biotech breakouts. I found this to be very odd, as Visa also took my account $2,325.00 over my credit limit in order to pay this automatic renewal. I will be speaking with the fraud department at Visa very soon, as we have done much searching on the internet and we find that biotech breakouts and the rest of the raging bull family of companies seem to have a history of doing this sort of immoral, and very likely illegal charge.
I have made repeated attempt to have Kyle Dennis call me. I have emailed several times and all I have got from him so far is "Did you forget to cancel your renewal".
No, I didn't forget, although I fail to see how they are able to steal my money from my Visa account without first at least asking if they can do so. Which, of course, they obviously did not. Further to this, when you try to cancel the auto renew, it does NOT seem to work. Unfortunately, I have a second account through Kyle Dennis with his "Option Rocket" account. Yes, I got sucked in twice. My wife and I have tried 17 times, yes seventeen, to cancel this auto renew and it doesn't seem to work.
I have sent two lengthy emails directly to Kyle Dennis, and two emails to Nathan, who does nothing but spout off about the no-refund policy.
I have found a site that is instituting a class action lawsuit against the Raging Bull group of companies and I have presented my story there.
Frankly, the way these people do business as far as the renewals go seems to me to be highly illegal. I rather imagine that there must have been thousands of people who have been scammed out of literally millions of dollars in this fashion. I say that because we have found numerous complaints, many of which show amounts in the $6,000 plus range.
Now, to be fair, Kyle Dennis is probably one of the best traders and teachers out there, so from that perspective, I have no quarrel. But this refusal to treat customers fairly regarding the renewal process has got to stop.
I do have one complaint regarding Kyle Dennis which pertains to his honesty, or lack thereof. In 2017 there was a Keith Kern also in the Raging Bull family, and he had made up what was laughingly called his Master Class lessons. Kyle Dennis did much of the advertising for this and he said - as specifically as I can remember - that he had seen the course and it was not full of fluff and not filled with charts. I probably don't need to tell you that is all it contained. So either he lied about seeing the course, or he lied about the contents. This so called Master Class is the true definition of B.S. There were 12 "lessons" and by the third lesson. I don't think that even half of us showed up to listen, just a complete waste of time along with the $2,000.00 that we got gouged.
My wife and I are old age pensioners and I do not know how we are going to be able to manage to pay about $640 a month extra over the next 12 months to clear this debt. It is going to place us in severe financial hardship. Hopefully, we will end up getting assistance from the Visa fraud department.
One other item we find to be extremely distasteful is that Kyle Dennis, biotech breakouts and Raging Bull say that we CANNOT remove our credit card information from their site. Surely that has to be illegal. I am in my later 70's and this has put me under severe stress, not that Kyle Dennis cares.
I understand that if you start complaining directly in their chatroom(s) that they will immediately ban you from being able to comment. How nice. Just goes to show how honest and upstanding they are. I do not know if there is anything else that I can add, but if anyone has any words of advice, I will be sincerely grateful.
Their cancel web site has not worked for over a month so just how do you cancel??? Tell Visa that the companies link to cancel is broke and that Ragingbull knows it does not work. Tell Visa that they made it impossible to cancel and it was their doing not yours. Cancel your card and get a new one or tell Visa that you do not authorize any charges from that company and their cancel web page has not worked for 2 months.
Hook Line and Sinker.
I have invested over $3000. In Kyle Dennis option rocket and bioteck breakout and lost virtually my entire portfolio they are ripoff scam artists.
They make there money off suckers like me and you although there is one way you can make money off them, on the option if they make a call potion put a put option and the same with the stock go oposite of what they say and probably win 75 percent of the time.
I made the mistake of falling for this hot mess. Kyle Dennis gave a marketing seminar where he spoke for more than an hour about how he had started to take a $5,000 account to $1,000,000, and how he was about to start a second $5,000 account and take that to $1,000,000 as well. The million dollar mission portfolio has NOTHING in it. Nothing. Zero. Nothing to follow there. Similarly, the $5,000 challenge portfolio is not actively traded (although at least this one has one stock in it). The seminar also promised that this would be easy to do from worK, which is not possible. The text alerts tend to come out after the stock has increased by 10%, so he makes money on his alerts from suckers following him
Since Mr. Dennis has no apparent intention of growing either account to $1,000,000, I asked for a refund, pointing to the factual misrepresentations made in the presentation. I was told no, since I can follow along with his (useless) video lessons. I purchased this $1,999 service specifically so I could watch active trades, not day trade. No refund, but I do get spammed with requests to waste another $1,497 on this guy’s new service.
Hi, I signed up for the service for an introductory rate of $1500 for options trading guidance. I have been with this service for over 3 months now and have lost more than half of my portfolio trading Kyle Dennis' recommendations. I understand options trading can be difficult as I have experience trading for over 3 years now. These are stated as recommendations only, that I fully understand. I don't understand how one can charge so much for a failing service. I can verify that well over the majority of his calls have been loses. I am attaching a screen shot of just the current portfolio (this is on 10/16 @12:30-ish PST, SPY up 2.18%). This is typical of what I have experienced. I am definitely not satisfied with the service. Beware! If you are considering signing up, I advise you to see a history of the calls. I usually do not complain about things on the internet, but this is ridiculous and I hope to save some of you out there some money.