IKN

Trifles light as air

Mercer Gold (MRGP.ob): Scumbagging 101

Your humble scribe received a mail today from reader ‘PG’ who bought Mercer Gold (MRGP.ob) Monday morning on the back of that bullshit pump. The mailer admitted that he was kinda new to the market, but plays the penny juniors wanted to know how the people running the stock pump made their money (and, I suppose, how he has lost his without realizing). So this little chart which runs a very basic outline is for you, PG.

Now for sure there are a hundred variations on this scenario, with a lot depending on the previous set-up of the stock and its structure, but this gives you a template at least. But no matter how sophisticated the scam, it’s a scam, it’s run by crooked scumballs and will always end up with an owl  on IKN saying…

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