EquityMaster and Profit Hunter are perfect lairs. They are cheats.
They send long mails showing hundreds of percentages of profits in equity and ask to subscribe to their services. Actually the examples that they show in their mails are not the tips that were given by their company, but picked randomly by seeing individual performance.
Recently they ran a 3 day video series on Oct 9, 11 & 13. On all the days Asad Dossani kept on telling that he will let us know about a free surprise gift worth Rs 25, 000. He created so much hype about it and kept on telling about surprise gift every now and then. Many like me would have been waiting eagerly for 5 days from 9th and in the end, on the last day, he says that it will be free if you subscribe to his weekly services which are over Rs. 50, 000 annually. Now how can you believe them after paying so much they will deliver what they have promised
Funniest thing is, in his first video, he said he was working for a bank initially and left them because he came to know that his bank was cheating people and since he wanted to help public he came off and started his present venture.
There are big things in Asad Dossani’s Linked-in profile with a religious profile picture to fool you all. There are big institution names such as Oxford & LSE but I am surprised that even after going to such B-schools he does not understand that he has to prove himself first to do marketing, and after proving, he does not require any marketing.
Finally they do not understand the fact -"If you know how to make money in stocks, please do it for yourself and shut your mouth and keep quite. Make millions of money for yourselves. Why do you have to run a course or weekly tips to general public?" They may say that they want to help public. In that case, why cant they do it for free?