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  • Report:  #1266107

Complaint Review: Merrill Edge

Merrill Edge/ Merrill Lynch Lose $450,000 trusting Merrill Edge Hot Springs, AR 71903 Nationwide

  • Reported By:
    rmp — brooklyn New York USA
  • Submitted:
    Fri, November 06, 2015
  • Updated:
    Fri, November 06, 2015

Be warned!! Do not trust Merrill Edge reports. Their Target Prices are a scam. Target Prices are inflated so that customers would buy the stock at a high price and keep their money in the account waiting for the price to go up! Then few months later the analyst would decrease the target price (OPPS, I made a mistake in Target Price!). The customer who would have trusted the analyst would loose money!

GME -- Analyst stated Target price $56, I bought at $50... made a loss by selling at $38.

SAVE--Analyst stated Target price $80, I bought at$60....made a loss by selling at $48.

DAL--Analyst Target price $65, I bought at $49...made a loss by selling at $48.

Slowly and slowly I have lost $450,000.

Never again would I trust such legalized SCAM ARTISTS/Analyst!!!!.

NEVER DO BUSINESS WITH THESE GUYS...

I WOULD NOT want ANYONE  to go through what I have suffered -- I lost $450,000 (my retirement nest)

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