Wade Cook

Wade Cook once gave real estate seminars but later shifted into stock market seminars when things dried up for him. So not only is Cook slightly crooked in my opinion, but he's lacking the "Real Life Experience" needed to teach others. I just think a teacher needs more success stories than this guy has under his belt.

Have you noticed that old Wade re-edited his radio info- mercial which once boasted: "you can make money even when your stocks go down." That line is now missing. Hmmm, wonder why? Maybe one of his own gullible students found out the truth the hard way? I smell a lawsuit somewhere. Anyone who believes he can make money on a falling stock, I have some ocean-front property in Arizona for sale with your name on it.

I mean it when I say that "Wade Cook" had nothing to offer people other than a two day "hyped-up" seminar designed only to get more money out of people on the second day of Wall Street Workshop. I believe the only purpose in Wade's mind for putting on the Wall Street Workshop was to quickly give you in, one day, 11 stock market strategies, and then hammer hammer hammer you on the second day to purchase a Cook University Course for approximately $10,000. One of my reliable sources who was an insider had this to say about him: "After working with Wade for almost one year I got sick to my stomach listening to him LIE to people. I watched this greedy guy cheat his speakers by not paying them. I watched other employees in his sales department get cheated out of money due to Wade's constantly changing their squeeezzziee easy commission schedule. I watched and listened to Wade tell folks that they could get all sorts of OUTRAGEOUS RETURNS if they would just buy his seminar. GAMBLE GAMBLE GAMBLE is what I saw!

Simply put, Wade Cook gambles with "your money" in the stock market and then "lies" about his returns on the internet. If any of Wade Cook's occult people receive this message please keep in mind that I am deeply offended by Wade Cook writing the phony book BUSINESS BY THE BIBLE. Mocking God is very offensive to me. I want to be very clear that I AM NOT BASHING WADE....I am simply telling you how it is and you Wade Cook followers know it too. Its very difficult to get "Wade Cook" out of your brain once he hooks you in with all his yak yak yak.

Here is Wades Story:

1.) Wade is telling you the truth when he says he used to be a cab driver; he was!

2.) Wade used to be heavy into real estate and had a pretty good size operation (back in the 80's mainly), and his company went BANKRUPT! He also had a number of complaints filed on his head for shady business practices, and he was lucky to just be faced with bankruptcy.

3.) He made a comeback in another arena where people did not know about his get rich quick scams of real estate, and that is the market we are talking about THE STOCK MARKET!! Wade opened a few companies Profit Financial Corporation and Wade Cook Financial Corporation under the symbol "WADE".

Wade Cook has been investigated by the Securities Exchange Commission for dealing securites without a license! There are other infractions as well which I do not want to go into!

4.) I think this guy is FULL OF IT! Let me tell you why: He tells people to rethink their returns in periods of weeks and a month (instead of a year)!! If he was right about this, then he would have his own mutual fund and make BILLIONS AND BILLIONS of dollars!!

5.) Wades books are fine and It should be noted that 99% of what are in his book are just reinstated from other peoples books (which he basically copied from)!! I want you to know that I have read his book Wall Street Money Machine and thought it was fine! I thought his descrition on option plays were over simplified though, AND WOULD URGE SOMEONE WHO IS GOING TO PLAY OPTIONS NOT RELY ON WADES BOOKS FOR OPTIONS!!!!!!!!! I cannot emphasize this enough!! There are sharks in the option market and they will eat you up and spit you out if you are not good, and take every penny of your hardearned dollars you put in!!! About 80% lose so 20% can win!!!

6.) IT IS widely known that WADE COOK made more money by selling his courses than he did on his stock market investments. Yes, where he made his $$$ was in selling people to take his workshops!! Also, this guy will not only sell the first seminar to you for around $3000 to $4000, but will get you in his advanced seminar, and his little mock college, and has suckered people in in EXCESS OF $20,000 a year for his seminars!!!!

The primary source of "returns" for Mr. Cook are from SALES of his seminars and material. Your better off using a dart board

In general, don't recommend Wade Cook, but some of his books were ok.

Since I review business opportunities and internet gurus all day for a living, you can guess I know which ones work and which ones don't. Click here to see how I make my money.